Price for Electronic Integrated Circuits and Microassemblies in Oman - 2021
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Oman (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Oman (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Oman
- Exports of Electronic Integrated Circuits and Microassemblies in Oman
Price for Electronic Integrated Circuits and Microassemblies in Oman (CIF) - 2022
In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $1.5 per unit, picking up by 42% against the previous year. In general, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 66%. The import price peaked at $2.9 per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey (less than $0.1 per unit), while the price for the United Arab Emirates (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+19.5%), while the prices for the other major suppliers experienced a decline.
Price for Electronic Integrated Circuits and Microassemblies in Oman (FOB) - 2022
In 2021, the average export price for electronic integrated circuits and microassemblieses amounted to $2.2 per unit, picking up by 4% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 43%. The export price peaked at $3.6 per unit in 2017; however, from 2018 to 2021, 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 the UK ($0.6 per unit), while the average price for exports to Yemen (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.1%), while the prices for the other major destinations experienced a decline.
Imports of Electronic Integrated Circuits and Microassemblies in Oman
In 2022, imports of electronic integrated circuits and microassemblieses into Oman was estimated at 4.9M units, growing by 9.8% against the previous year's figure. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 128%. As a result, imports attained the peak of 5.3M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, electronic integrated circuits and microassemblies imports fell to $6.2M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 47%. Over the period under review, imports hit record highs at $6.8M in 2021, and then fell in the following year.
| Import of Electronic Integrated Circuits and Microassemblies in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | 2.0 | 2.0 | 5.0 | 58.1% | |
| Turkey | 0.1 | N/A | 0.2 | 41.4% | |
| Qatar | 0.2 | 1.0 | 0.2 | 0.0% | |
| Others | 1.7 | 2.7 | 1.4 | -9.3% | |
| Total | 3.9 | 5.7 | 6.8 | 32.0% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Oman in 2022:
- United Arab Emirates (599.5M units)
- Turkey (11.3M units)
- Qatar (8.8M units)
Exports of Electronic Integrated Circuits and Microassemblies in Oman
Electronic integrated circuits and microassemblies exports from Oman surged to 564K units in 2022, rising by 16% against the previous year's figure. The total export volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of 641K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electronic integrated circuits and microassemblies exports rose markedly to $1.2M in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 49%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Electronic Integrated Circuits and Microassemblies in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Kingdom | 402 | 540 | 811 | 42.0% | |
| Iran | N/A | N/A | 154 | 0% | |
| South Korea | N/A | N/A | 36.9 | 0% | |
| Yemen | N/A | N/A | 21.7 | 0% | |
| Spain | 0.4 | 170 | N/A | 42400.0% | |
| Others | 508 | 644 | 45.3 | -70.1% | |
| Total | 910 | 1,354 | 1,069 | 8.4% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Oman in 2022:
- Yemen (25.7M units)
- Iran (7.0M units)
- South Korea (1.7M units)
- United Kingdom (1.4M units)
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