Price for Agriculture or Forestry Hand Tools in Oman - 2021

Contents:

  1. Price for Agriculture or Forestry Hand Tools in Oman (CIF) - 2022
  2. Price for Agriculture or Forestry Hand Tools in Oman (FOB) - 2022
  3. Imports of Agriculture or Forestry Hand Tools in Oman
  4. Exports of Agriculture or Forestry Hand Tools in Oman

Price for Agriculture or Forestry Hand Tools in Oman (CIF) - 2022

In 2022, the average import price for agriculture or forestry hand toolses amounted to $1,784 per ton, therefore, remained relatively stable against the previous year. In general, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 35%. The import price peaked at $2,653 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,917 per ton), while the price for China ($1,392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Agriculture or Forestry Hand Tools in Oman (FOB) - 2022

The average export price for agriculture or forestry hand toolses stood at $1,953 per ton in 2022, increasing by 8.4% against the previous year. In general, the export price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 20%. The export price peaked at $4,541 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($16,826 per ton), while the average price for exports to Tanzania ($201 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agriculture or Forestry Hand Tools in Oman

In 2022, the amount of agriculture or forestry hand toolses imported into Oman expanded to 683 tons, picking up by 2.6% against the previous year. The total import volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, agriculture or forestry hand tools imports reached $1.2M in 2022. In general, imports, however, recorded a mild reduction.

Import of Agriculture or Forestry Hand Tools in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6005197617467.5%
United Arab Emirates318448184257-6.9%
Albania57.441.046.854.8-1.5%
Others300226211160-18.9%
Total1,2751,2351,2011,218-1.5%

Top Suppliers of Agriculture or Forestry Hand Tools to Oman in 2022:

  1. China (535.9 tons)
  2. United Arab Emirates (88.1 tons)
  3. Albania (35.7 tons)

Exports of Agriculture or Forestry Hand Tools in Oman

In 2022, exports of agriculture or forestry hand toolses from Oman skyrocketed to 111 tons, with an increase of 4,853% compared with 2021 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, agriculture or forestry hand tools exports skyrocketed to $216K in 2022. In general, exports, however, recorded a deep setback.

Export of Agriculture or Forestry Hand Tools in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar26.31730.453.026.3%
Yemen51.289.01.147.1-2.7%
Somalia98.352.30.641.3-25.1%
Netherlands31.233.10.835.34.2%
Tanzania9.410.00.210.74.4%
United Arab Emirates14.77.50.26.9-22.3%
Bahrain0.60.4N/A1.638.7%
Others27.962.80.720.4-9.9%
Total2604284.0216-6.0%

Top Export Markets for Agriculture or Forestry Hand Tools from Oman in 2022:

  1. Tanzania (53.1 tons)
  2. Yemen (33.2 tons)
  3. Somalia (13.4 tons)
  4. Qatar (3.2 tons)
  5. Bahrain (2.6 tons)
  6. Netherlands (2.4 tons)
  7. United Arab Emirates (1.7 tons)

Source: IndexBox Market Intelligence Platform

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