Oman - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic or Non-Precious Metal Watch in Oman - 2021
Contents:
- Price for Plastic or Non-Precious Metal Watch in Oman (CIF) - 2022
- Price for Plastic or Non-Precious Metal Watch in Oman (FOB) - 2022
- Imports of Plastic or Non-Precious Metal Watch in Oman
- Exports of Plastic or Non-Precious Metal Watch in Oman
Price for Plastic or Non-Precious Metal Watch in Oman (CIF) - 2022
In 2022, the average import price for plastic or non-precious metal watches amounted to $91 per unit, waning by -10.3% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic or non-precious metal watch import price increased by +37.4% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 53% against the previous year. The import price peaked at $101 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($747 per unit), while the price for India ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Plastic or Non-Precious Metal Watch in Oman (FOB) - 2022
In 2022, the average export price for plastic or non-precious metal watches amounted to $236 per unit, with a decrease of -17.4% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 164%. As a result, the export price reached the peak level of $285 per unit, and then shrank notably in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($52 per unit), while the average price for exports to Yemen ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Plastic or Non-Precious Metal Watch in Oman
In 2022, approx. 420K units of plastic or non-precious metal watches were imported into Oman; with a decrease of -11.9% on the previous year. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Imports peaked at 544K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, plastic or non-precious metal watch imports contracted sharply to $38M in 2022. In general, imports saw a mild reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of $48M, and then dropped markedly in the following year.
| Import of Plastic or Non-Precious Metal Watch in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 17.3 | 6.2 | 9.7 | 16.5 | -1.6% |
| United Arab Emirates | 15.0 | 16.3 | 28.9 | 11.0 | -9.8% |
| Hong Kong SAR | 4.4 | 2.1 | 5.0 | 6.2 | 12.1% |
| China | 0.7 | 0.6 | 0.4 | 0.8 | 4.6% |
| India | 0.3 | N/A | 0.5 | 0.4 | 10.1% |
| Others | 2.8 | 2.8 | 4.0 | 3.2 | 4.6% |
| Total | 40.4 | 28.0 | 48.4 | 38.2 | -1.8% |
Top Suppliers of Plastic or Non-Precious Metal Watch to Oman in 2022:
- Hong Kong SAR (227.6K units)
- United Arab Emirates (31.5K units)
- India (26.0K units)
- Switzerland (22.1K units)
- China (8.0K units)
Exports of Plastic or Non-Precious Metal Watch in Oman
After three years of growth, shipments abroad of plastic or non-precious metal watches decreased by -30.6% to 8.6K units in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 158%. As a result, the exports reached the peak of 12K units, and then dropped sharply in the following year.
In value terms, plastic or non-precious metal watch exports reduced remarkably to $2M in 2022. In general, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 580%. As a result, the exports attained the peak of $3.5M, and then reduced rapidly in the following year.
| Export of Plastic or Non-Precious Metal Watch in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 285 | 67.5 | 332 | 1,400 | 70.0% |
| Iran | 279 | 77.8 | 155 | 131 | -22.3% |
| Qatar | 33.0 | 147 | 48.2 | 34.3 | 1.3% |
| United Arab Emirates | 6.5 | 6.6 | 145 | 30.9 | 68.1% |
| Yemen | 7.7 | 9.9 | 25.6 | 1.5 | -42.0% |
| Others | 726 | 210 | 2,822 | 425 | -16.3% |
| Total | 1,338 | 518 | 3,527 | 2,023 | 14.8% |
Top Export Markets for Plastic or Non-Precious Metal Watch from Oman in 2022:
- Iran (129.6K units)
- Qatar (76.5K units)
- Hong Kong SAR (26.9K units)
- United Arab Emirates (6.2K units)
- Yemen (6.2K units)
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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