Price for Watch Cases and Parts Thereof in Oman - 2021
Contents:
- Price for Watch Cases and Parts Thereof in Oman (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Oman (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Oman
- Exports of Watch Cases and Parts Thereof in Oman
Price for Watch Cases and Parts Thereof in Oman (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $9.7 per unit in 2022, shrinking by -35% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 232%. As a result, import price attained the peak level of $15 per unit, and then fell dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($73 per unit), while the price for Hong Kong SAR ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases and Parts Thereof in Oman (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $2.8 per unit, jumping by 64% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. Over the period under review, the average export prices reached the maximum at $5.9 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($2.8 per unit), while the average price for exports to Hong Kong SAR ($2.7 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 Switzerland (+9.0%), while the prices for the other major destinations experienced a decline.
Imports of Watch Cases and Parts Thereof in Oman
In 2022, watch cases and parts thereof imports into Oman reduced slightly to 1.7K units, declining by -4.3% compared with 2021 figures. Overall, imports faced a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 24%. Over the period under review, imports reached the peak figure at 4.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, watch cases and parts thereof imports dropped markedly to $17K in 2022. In general, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 310%. Imports peaked at $34K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Watch Cases and Parts Thereof in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.2 | 2.2 | 3.2 | 4.5 | 26.9% |
| Switzerland | 2.3 | 0.4 | 3.6 | 3.7 | 17.2% |
| United Arab Emirates | 5.1 | 0.7 | 0.9 | 1.1 | -40.0% |
| United States | 2.1 | 0.7 | 0.5 | 0.6 | -34.1% |
| Hong Kong SAR | 1.7 | 0.7 | 0.6 | 0.5 | -33.5% |
| Sweden | 2.7 | 0.9 | 0.5 | 0.1 | -66.7% |
| Free Zones | 12.5 | N/A | N/A | N/A | 0% |
| China | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Others | 4.2 | 0.9 | 18.0 | 6.4 | 15.1% |
| Total | 33.5 | 6.7 | 27.3 | 17.0 | -20.2% |
Top Suppliers of Watch Cases and Parts Thereof to Oman in 2022:
- Hong Kong SAR (967.0 units)
- Switzerland (359.0 units)
- United Arab Emirates (200.0 units)
- Italy (84.0 units)
- United States (37.0 units)
- China (25.0 units)
- Sweden (8.0 units)
Exports of Watch Cases and Parts Thereof in Oman
After two years of decline, shipments abroad of watch cases and parts thereoves increased by 169% to 2.3K units in 2022. Over the period under review, exports, however, showed a abrupt descent. Over the period under review, the exports attained the maximum at 4.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, watch cases and parts thereof exports soared to $6.3K in 2022. In general, exports, however, showed a significant decrease. Over the period under review, the exports reached the maximum at $21K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Watch Cases and Parts Thereof in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 19.4 | 0.2 | 0.2 | 4.6 | -38.1% |
| Switzerland | 1.3 | 9.7 | 0.9 | 1.6 | 7.2% |
| Hong Kong SAR | 0.4 | 1.3 | 0.1 | 0.1 | -37.0% |
| United Arab Emirates | N/A | N/A | 0.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.0 | 11.2 | 1.4 | 6.3 | -33.1% |
Top Export Markets for Watch Cases and Parts Thereof from Oman in 2022:
- Qatar (1655.0 units)
- Switzerland (594.0 units)
- Hong Kong SAR (50.0 units)
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