Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman - 2022

Contents:

  1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman (CIF) - 2022
  2. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman (FOB) - 2022
  3. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman
  4. Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman (CIF) - 2022

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $26 per unit in 2022, picking up by 17% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for watch cases; of base metal, whether or not gold-plated or silver-plated increased by +46.9% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 67% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($25 per unit), while the price for Germany ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman (FOB) - 2022

In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $38 per unit, leveling off at the previous year. Overall, the export price posted a noticeable increase. The pace of growth was the most pronounced in 2018 an increase of 7.5%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2017 to 2022, the rate of growth in terms of prices for Qatar amounted to +4.0% per year.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman

In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated imported into Oman surged to 66 units, rising by 18% on the previous year. Over the period under review, imports, however, faced a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of 179 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated soared to $1.7K in 2022. Overall, imports, however, continue to indicate a abrupt downturn. Imports peaked at $4K in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A1,739N/A1,220-16.2%
United Arab Emirates1,7801,545614216-50.5%
Germany14699.081.0117-7.1%
Thailand304N/AN/AN/A0%
Switzerland52444369.0N/A-63.7%
Qatar143175366N/A60.0%
Others23.04.093.014082.6%
Total2,9204,0051,2231,693-16.6%

Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Oman in 2022:

  1. United Kingdom (49.0 units)
  2. United Arab Emirates (10.0 units)
  3. Germany (7.0 units)

Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman

In 2022, exports of watch cases; of base metal, whether or not gold-plated or silver-plated from Oman contracted remarkably to 10 units, which is down by -50% compared with the previous year's figure. Overall, exports continue to indicate a dramatic curtailment. Over the period under review, the exports of reached the maximum at 20 units in 2021, and then dropped sharply in the following year.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated dropped dramatically to $377 in 2022. Over the period under review, exports saw a dramatic shrinkage. The exports peaked at $754 in 2021, and then fell significantly in the following year.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Oman (USD)
COUNTRY20212022CAGR,
2021-2022
Switzerland583377-35.3%
United Arab Emirates171N/A0%
OthersN/AN/A0%
Total754377-50.0%

Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Oman in 2022:

  1. Switzerland (10.0 units)

Source: IndexBox Market Intelligence Platform

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