Price for Cutlery; Other than Plated with Precious Metal in Oman - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Oman (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Oman (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Oman
- Exports of Cutlery; Other than Plated with Precious Metal in Oman
Price for Cutlery; Other than Plated with Precious Metal in Oman (CIF) - 2022
In 2022, the average import price for cutlery; other than plated with precious metals amounted to $6,120 per ton, picking up by 2.1% against the previous year. Over the period under review, the import price, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2017 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $10,055 per ton in 2013; however, from 2014 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 ($13,163 per ton), while the price for China ($2,372 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cutlery; Other than Plated with Precious Metal in Oman (FOB) - 2022
The average export price for cutlery; other than plated with precious metals stood at $9,708 per ton in 2022, growing by 34% against the previous year. Over the period under review, the export price showed a resilient increase. The growth pace was the most rapid in 2020 an increase of 64%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($10,365 per ton), while the average price for exports to Somalia ($4,088 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 (+20.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cutlery; Other than Plated with Precious Metal in Oman
In 2022, purchases abroad of cutlery; other than plated with precious metals decreased by -32.4% to 177 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, imports attained the peak of 303 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cutlery; other than plated with precious metals dropped markedly to $1.1M in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cutlery; Other than Plated with Precious Metal in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 862 | 1,460 | 490 | 621 | -10.4% |
| China | 214 | 222 | 291 | 276 | 8.9% |
| India | 39.4 | 24.1 | 99.4 | 116 | 43.3% |
| Others | 321 | 106 | 684 | 67.7 | -40.5% |
| Total | 1,437 | 1,813 | 1,565 | 1,080 | -9.1% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Oman in 2022:
- China (116.2 tons)
- United Arab Emirates (47.2 tons)
- India (8.8 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Oman
Exports of cutlery; other than plated with precious metals from Oman dropped markedly to 6.8 tons in 2022, waning by -41.3% compared with 2021. Over the period under review, exports faced a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 35%.
In value terms, exports of cutlery; other than plated with precious metals fell sharply to $66K in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 88%. As a result, the exports attained the peak of $85K, and then declined dramatically in the following year.
| Export of Cutlery; Other than Plated with Precious Metal in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.6 | 5.5 | 41.0 | 60.2 | 235.1% |
| Somalia | 4.5 | N/A | N/A | 2.9 | -13.6% |
| Qatar | 77.4 | 38.0 | 32.9 | 2.8 | -66.9% |
| Others | N/A | 1.6 | 10.7 | 0.4 | -50.0% |
| Total | 83.6 | 45.1 | 84.6 | 66.4 | -7.4% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Oman in 2022:
- United Arab Emirates (5.8 tons)
- Somalia (0.7 tons)
- Qatar (0.3 tons)
229
This report provides an in-depth analysis of the table flatware market in Oman.
662
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
1835
This report provides an in-depth analysis of the global table flatware market.
455
Global Market for Silver And Gold Plated Flatware. This report provides an in-depth analysis of the global market for silver and gold plated flatware.
229
This report provides an in-depth analysis of the table flatware market in Oman.
662
Global Stainless Steel Tableware Market Report 2018. This report provides an in-depth analysis of the global stainless steel tableware market.
1835
This report provides an in-depth analysis of the global table flatware market.
455
Global Market for Silver And Gold Plated Flatware. This report provides an in-depth analysis of the global market for silver and gold plated flatware.
552
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
919
In 2016, the global tableware imports amounted to X tons, approximately equating the previous year figure. Overall, tableware imports continue to indicate a relatively flat trend pattern. The pac...
646
In 2016, the global tableware imports amounted to X tons, approximately equating the previous year figure. Overall, tableware imports continue to indicate a relatively flat trend pattern. The pac...
1157
In value terms, base metals and silver, clad with gold imports stood at $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value increased at an average ann...
1428
In value terms, base metals, silver and gold, clad with platinum imports stood at $X in 2016. In general, base metals, silver and gold, clad with platinum imports continue to indicate a prominent i...
1428
In value terms, base metals and silver, clad with gold exports totaled $X in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total exports value increased at an average annual rat...
1942
In value terms, base metals, silver and gold, clad with platinum exports totaled $X in 2016. Overall, base metals, silver and gold, clad with platinum exports continue to indicate a deep shrinkage. O...
552
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
919
In 2016, the global tableware imports amounted to X tons, approximately equating the previous year figure. Overall, tableware imports continue to indicate a relatively flat trend pattern. The pac...
646
In 2016, the global tableware imports amounted to X tons, approximately equating the previous year figure. Overall, tableware imports continue to indicate a relatively flat trend pattern. The pac...
