Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman - 2022

Contents:

  1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman (CIF) - 2022
  2. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman (FOB) - 2022
  3. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman
  4. Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman (CIF) - 2022

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $9,741 per ton in 2022, jumping by 24% against the previous year. In general, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 46%. The import price peaked at $30,641 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Mauritius ($132,175 per ton), while the price for Taiwan (Chinese) ($2,015 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.2%), while the prices for the other major suppliers experienced a decline.

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman (FOB) - 2022

The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $253 per ton in 2022, declining by -97% against the previous year. In general, the export price recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 199%. As a result, the export price reached the peak level of $8,503 per ton, and then contracted markedly in the following year.

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

From 2018 to 2022, the rate of growth in terms of prices for Yemen amounted to +201.7% per year.

Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman

In 2022, approx. 3.8 tons of cycles; parts, pedals and crank-gear, and parts thereoves were imported into Oman; picking up by 9.4% on 2021 figures. Overall, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 114% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves skyrocketed to $37K in 2022. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 213%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.01.96.712.736.4%
China0.1N/AN/A9.6357.9%
MauritiusN/AN/AN/A7.50%
India2.30.31.34.020.3%
Taiwan (Chinese)2.82.86.90.1-67.1%
Others13.03.612.12.8-40.1%
Total23.38.627.036.716.4%

Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Oman in 2022:

  1. China (2587.0 kg)
  2. India (576.0 kg)
  3. United Arab Emirates (452.0 kg)
  4. Taiwan (Chinese) (67.0 kg)
  5. Mauritius (57.0 kg)

Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman

In 2022, exports of cycles; parts, pedals and crank-gear, and parts thereoves from Oman reduced sharply to 3.3 tons, with a decrease of -65.3% compared with the previous year. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 4,108%. As a result, the exports attained the peak of 9.4 tons, and then fell rapidly in the following year.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves reduced rapidly to $822 in 2022. Overall, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 12,485% against the previous year. As a result, the exports reached the peak of $80K, and then dropped notably in the following year.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A0.42.10.841.4%
Yemen3.8N/A77.4N/A351.3%
Others0.30.20.3N/A0.0%
Total4.10.679.80.8-42.0%

Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Oman in 2022:

  1. United Arab Emirates (3.3 tons)

Source: IndexBox Market Intelligence Platform

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