Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Oman - 2022

Contents:

  1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Oman (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Oman

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Oman (CIF) - 2022

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $400 per unit in 2022, rising by 8.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 571% against the previous year. The import price peaked at $471 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($479 per unit), while the price for India ($101 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Oman

In 2022, approx. 8 units of watch movements; complete and assembled, not automatic winding or electrically operateds were imported into Oman; dropping by -90.2% against the year before. In general, imports recorded a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 148% against the previous year. Over the period under review, imports of hit record highs at 145 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds declined sharply to $3.2K in 2022. Over the period under review, imports faced a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 124%. As a result, imports reached the peak of $30K, and then dropped dramatically in the following year.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6.22.40.92.1-30.3%
ThailandN/AN/AN/A1.00%
India0.40.20.10.1-37.0%
Switzerland1.31.63.9N/A73.2%
United States4.63.43.1N/A-17.9%
Luxembourg2.9N/AN/AN/A0%
Italy6.73.114.6N/A47.6%
Qatar2.2N/A0.3N/A-63.1%
TurkeyN/AN/A6.4N/A0%
OthersN/A2.80.8N/A-71.4%
Total24.313.430.13.2-49.1%

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Oman in 2022:

  1. United Arab Emirates (5.0 units)
  2. Thailand (2.0 units)
  3. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watch movements; complete and assembled, not automatic winding or electrically operated - Oman