Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman - 2022

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman (CIF) - 2022

In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $7.1 per unit, approximately equating the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 19%. The import price peaked at $8.5 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($7.1 per unit) and the United Arab Emirates ($7.1 per unit), while the price for China ($7.1 per unit) and France ($7.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman (FOB) - 2022

In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $5.2 per unit, growing by 12% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 43%. Over the period under review, the average export prices hit record highs at $9.7 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5.2 per unit), while the average price for exports to the United Arab Emirates ($5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman

In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds imported into Oman skyrocketed to 31K units, picking up by 16% compared with the previous year's figure. In general, imports, however, saw a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. As a result, imports attained the peak of 93K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds surged to $220K in 2022. Overall, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 70% against the previous year. As a result, imports attained the peak of $559K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12017868.516110.3%
China11219828.140.3-28.9%
France18.316.69.56.2-30.3%
Turkey2.0N/A10.35.439.2%
Hong Kong SAR51.659.643.4N/A-8.3%
KenyaN/A76.8N/AN/A0%
Others24.629.428.76.8-34.9%
Total329559188220-12.6%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Oman in 2022:

  1. United Arab Emirates (22.6K units)
  2. China (5.7K units)
  3. France (0.9K units)
  4. Turkey (0.8K units)

Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman

In 2022, overseas shipments of clocks; wall clocks, battery, accumulator or mains powereds decreased by -97% to 17 units, falling for the second year in a row after two years of growth. In general, exports recorded a sharp slump. The growth pace was the most rapid in 2020 with an increase of 1,227% against the previous year. As a result, the exports attained the peak of 138K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds dropped remarkably to $89 in 2022. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1,329%. As a result, the exports reached the peak of $566K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A538N/AN/A0%
United Arab Emirates0.2N/AN/AN/A0%
Iran14.015.52.1N/A-61.3%
YemenN/A2.90.1N/A-96.6%
Qatar25.26.80.1N/A-93.7%
United StatesN/AN/AN/AN/A0%
Others0.22.80.2N/A0.0%
Total39.65662.60.1-86.4%

Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Oman in 2022:

  1. United States (8.0 units)
  2. Yemen (8.0 units)
  3. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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