Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman - 2022
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $548 per unit, surging by 36% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Egypt ($551 per unit) and the Netherlands ($550 per unit), while the price for India ($545 per unit) and China ($549 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman (FOB) - 2022
In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $397 per unit, shrinking by -35% against the previous year. In general, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2013 an increase of 328%. Over the period under review, the average export prices attained the peak figure at $670 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Yemen amounted to +72.2% per year.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman
In 2022, overseas purchases of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -51.7% to 1.6K units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year. As a result, imports reached the peak of 5K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined notably to $867K in 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 50.3 | 140 | 114 | 347 | 90.4% |
Greece | 10.4 | 15.9 | 2.1 | 246 | 187.1% |
China | 1,065 | 1,612 | 1,020 | 108 | -53.4% |
Qatar | 1.4 | 1.0 | 0.1 | 44.0 | 215.6% |
Netherlands | 0.6 | 6.8 | 4.1 | 35.8 | 290.8% |
Egypt | 2.5 | 3.6 | 2.2 | 22.6 | 108.3% |
India | 5.8 | 22.7 | 7.4 | 21.2 | 54.0% |
United States | 47.9 | 17.1 | 17.6 | 12.5 | -36.1% |
Malaysia | 164 | 11.7 | 109 | N/A | -18.5% |
Singapore | 19.3 | 29.2 | 18.5 | N/A | -2.1% |
Others | 46.0 | 60.0 | 22.8 | 30.4 | -12.9% |
Total | 1,413 | 1,920 | 1,318 | 867 | -15.0% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Oman in 2022:
- United Arab Emirates (631.0 units)
- Greece (448.0 units)
- China (196.0 units)
- Qatar (80.0 units)
- Netherlands (65.0 units)
- Egypt (41.0 units)
- India (39.0 units)
- United States (23.0 units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman
In 2022, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from Oman shrank sharply to 318 units, with a decrease of -59.2% compared with 2021. Overall, exports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2021 when exports increased by 266% against the previous year. As a result, the exports attained the peak of 780 units, and then declined dramatically in the following year.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses fell rapidly to $126K in 2022. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 234% against the previous year. As a result, the exports reached the peak of $476K, and then reduced rapidly in the following year.
Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 9.3 | 16.7 | 128 | 125 | 137.8% |
United Arab Emirates | 117 | 39.3 | 19.2 | 1.4 | -77.1% |
Burundi | N/A | N/A | 5.5 | N/A | 0% |
United Kingdom | N/A | 20.3 | N/A | N/A | 0% |
Yemen | 12.0 | 49.2 | 318 | N/A | 414.8% |
Qatar | 35.0 | 16.5 | 0.1 | N/A | -94.7% |
Others | 2.8 | 0.9 | 5.6 | 0.1 | -67.1% |
Total | 176 | 143 | 476 | 126 | -10.5% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Oman in 2022:
- Iran (312.0 units)
- United Arab Emirates (4.0 units)
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