Price for Clock or Watch Parts; Plates and Bridges in Oman - 2022

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in Oman (CIF) - 2022
2. Price for Clock or Watch Parts; Plates and Bridges in Oman (FOB) - 2022
3. Imports of Clock or Watch Parts; Plates and Bridges in Oman
4. Exports of Clock or Watch Parts; Plates and Bridges in Oman

Price for Clock or Watch Parts; Plates and Bridges in Oman (CIF) - 2022

The average import price for clock or watch parts; plates and bridgeses stood at $14,016 per ton in 2022, with a decrease of -73.6% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 83% against the previous year. Over the period under review, average import prices hit record highs at $63,735 per ton in 2017; however, from 2018 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 ($79,571 per ton), while the price for China totaled $11,409 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clock or Watch Parts; Plates and Bridges in Oman (FOB) - 2022

The average export price for clock or watch parts; plates and bridgeses stood at $15,777 per ton in 2022, which is down by -4.8% against the previous year. In general, the export price, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 1,759% against the previous year. The export price peaked at $16,581 per ton in 2021, and then shrank modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2019 to 2022, the rate of growth in terms of prices for Qatar amounted to +29.1% per year.

Imports of Clock or Watch Parts; Plates and Bridges in Oman

In 2022, imports of clock or watch parts; plates and bridgeses into Oman skyrocketed to 183 kg, rising by 16% against the previous year's figure. Overall, imports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 114%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of clock or watch parts; plates and bridgeses reduced notably to $2.6K in 2022. In general, imports posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of 208% against the previous year. As a result, imports reached the peak of $8.4K, and then reduced markedly in the following year.

Top Suppliers of Clock or Watch Parts; Plates and Bridges to Oman in 2022:

1. China (176.0 kg)
2. United Arab Emirates (7.0 kg)

Exports of Clock or Watch Parts; Plates and Bridges in Oman

Exports of clock or watch parts; plates and bridgeses from Oman soared to 1.6 tons in 2022, growing by 5,139% on 2021 figures. In general, exports, however, continue to indicate a deep reduction.

In value terms, exports of clock or watch parts; plates and bridgeses soared to $26K in 2022. Overall, exports enjoyed a significant expansion.

Top Export Markets for Clock or Watch Parts; Plates and Bridges from Oman in 2022:

1. Qatar (1.6 tons)

Source: IndexBox Market Intelligence Platform