Price for Household or Laundry-Type Washing Machine in Oman - 2021

Contents:

  1. Price for Household or Laundry-Type Washing Machine in Oman (CIF) - 2022
  2. Price for Household or Laundry-Type Washing Machine in Oman (FOB) - 2022
  3. Imports of Household or Laundry-Type Washing Machine in Oman
  4. Exports of Household or Laundry-Type Washing Machine in Oman

Price for Household or Laundry-Type Washing Machine in Oman (CIF) - 2022

In 2021, the average import price for household or laundry-type washing machines amounted to $314 per unit, picking up by 4.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2018 when the average import price increased by 6.9% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($473 per unit), while the price for China ($202 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Household or Laundry-Type Washing Machine in Oman (FOB) - 2022

The average export price for household or laundry-type washing machines stood at $213 per unit in 2021, growing by 2.1% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 8.3% against the previous year. The export price peaked at $351 per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,721 per unit), while the average price for exports to Yemen ($216 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 Qatar (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Household or Laundry-Type Washing Machine in Oman

In 2022, the amount of household or laundry-type washing machines imported into Oman dropped to 82K units, falling by -11% compared with the previous year. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports attained the peak of 92K units, and then declined in the following year.

In value terms, household or laundry-type washing machine imports dropped to $25M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 34%. As a result, imports attained the peak of $29M, and then dropped in the following year.

Import of Household or Laundry-Type Washing Machine in Oman (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China12.49.215.511.8%
United Arab Emirates2.13.16.575.9%
Thailand4.96.35.01.0%
Vietnam0.91.10.4-33.3%
Turkey0.60.30.1-59.2%
Others2.71.61.4-28.0%
Total23.721.628.910.4%

Top Suppliers of Household or Laundry-Type Washing Machine to Oman in 2022:

  1. China (76.7K units)
  2. United Arab Emirates (26.0K units)
  3. Thailand (17.9K units)
  4. Vietnam (0.8K units)
  5. Turkey (0.4K units)

Exports of Household or Laundry-Type Washing Machine in Oman

In 2022, after three years of growth, there was decline in shipments abroad of household or laundry-type washing machines, when their volume decreased by -4.9% to 9K units. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45%. Over the period under review, the exports reached the maximum at 9.5K units in 2021, and then reduced slightly in the following year.

In value terms, household or laundry-type washing machine exports dropped to $1.9M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, the exports attained the peak of $2M, and then declined in the following year.

Export of Household or Laundry-Type Washing Machine in Oman (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab Emirates9027991,46727.5%
Yemen89.013429281.1%
Qatar575493104-57.5%
Somalia18.916.682.4108.8%
Iran82.375.370.3-7.6%
Mauritius30.733.1N/A7.8%
Saudi Arabia165188N/A13.9%
Pakistan22.526.1N/A16.0%
Others36.723.78.4-52.2%
Total1,9221,7902,0242.6%

Top Export Markets for Household or Laundry-Type Washing Machine from Oman in 2022:

  1. Yemen (1.4K units)
  2. United Arab Emirates (0.9K units)
  3. Qatar (0.4K units)
  4. Iran (0.1K units)
  5. Somalia (0.1K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Household or laundry-type washing machines; including machines which both wash and dry - Oman