Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $541 per unit in 2022, declining by -25% against the previous year. Over the period under review, the import price, however, recorded temperate growth. The growth pace was the most rapid in 2019 an increase of 79%. As a result, import price attained the peak level of $1,014 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,469 per unit), while the price for Japan ($180 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $423 per unit, with a decrease of -19.1% against the previous year. Over the period under review, the export price, however, continues to indicate notable growth. The growth pace was the most rapid in 2017 an increase of 411%. Over the period under review, the average export prices reached the peak figure at $680 per unit in 2020; however, from 2021 to 2022, 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 United States ($549 per unit), while the average price for exports to Kuwait ($30 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 the Netherlands (+85.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman

In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) imported into Oman surged to 984 units, jumping by 41% against the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) rose rapidly to $532K in 2022. Over the period under review, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Imports peaked at $803K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1371032331768.7%
China44.550.081.444.1-0.3%
United States20.030.119.241.627.7%
Luxembourg0.311.037.141.5417.2%
Qatar53.035.413.031.8-15.7%
Netherlands10.944.24.331.141.8%
Belgium17.752.119.217.6-0.2%
Slovenia1.211.812.717.0142.0%
Germany6.82.29.710.114.1%
Taiwan (Chinese)8.116.43.97.3-3.4%
Japan1.018.20.93.145.8%
France3630.311.40.9-86.5%
South Korea81.817.910.20.4-83.0%
Others58.258.049.110923.3%
Total803451505532-12.8%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Oman in 2022:

  1. United Arab Emirates (252.0 units)
  2. United States (214.0 units)
  3. Luxembourg (123.0 units)
  4. Netherlands (92.0 units)
  5. Slovenia (50.0 units)
  6. Qatar (46.0 units)
  7. China (30.0 units)
  8. Belgium (25.0 units)
  9. Taiwan (Chinese) (22.0 units)
  10. Japan (17.0 units)
  11. Germany (15.0 units)
  12. France (1.0 units)
  13. South Korea (1.0 units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman

After two years of decline, overseas shipments of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) increased by 28% to 159 units in 2022. Overall, exports, however, continue to indicate a pronounced reduction. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the maximum at 177 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) rose to $67K in 2022. In general, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of $118K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran9.99.88.229.343.6%
Netherlands8.817.317.915.320.2%
Belgium25.913.30.58.2-31.8%
Germany0.524.12.15.6123.7%
United States1.10.52.12.734.9%
United Arab Emirates41.646.833.02.5-60.8%
Saudi Arabia9.50.50.12.1-39.5%
FranceN/AN/AN/A0.50%
SwedenN/AN/AN/A0.20%
Others6.56.00.90.7-52.4%
Total10411864.867.2-13.5%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Oman in 2022:

  1. Iran (56.0 units)
  2. Netherlands (32.0 units)
  3. Belgium (19.0 units)
  4. Germany (14.0 units)
  5. Saudi Arabia (9.0 units)
  6. France (6.0 units)
  7. United Arab Emirates (5.0 units)
  8. United States (5.0 units)
  9. Sweden (5.0 units)

Source: IndexBox Market Intelligence Platform

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