Seals; Mechanical Price in Oman - 2021
Contents:
- Seals; Mechanical Price in Oman (CIF) - 2022
- Seals; Mechanical Price in Oman (FOB) - 2022
- Seals; Mechanical Imports in Oman
- Seals; Mechanical Exports in Oman
Seals; Mechanical Price in Oman (CIF) - 2022
In 2022, the average seals; mechanical import price amounted to $6.5 per unit, shrinking by -26.4% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 79% against the previous year. The import price peaked at $8.8 per unit in 2021, and then fell notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22 per unit), while the price for Saudi Arabia ($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 the United States (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Seals; Mechanical Price in Oman (FOB) - 2022
In 2022, the average seals; mechanical export price amounted to $7.4 per unit, with an increase of 28% against the previous year. In general, the export price, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 82%. The export price peaked at $19 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($52 per unit), while the average price for exports to the United Arab Emirates ($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 Malaysia (+228.0%), while the prices for the other major destinations experienced more modest paces of growth.
Seals; Mechanical Imports in Oman
After two years of decline, purchases abroad of seals; mechanicals increased by 35% to 3M units in 2022. Over the period under review, imports, however, saw a abrupt descent. Over the period under review, imports hit record highs at 3.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, seals; mechanical imports declined to $19M in 2022. In general, imports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 1.7%. Imports peaked at $21M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Seals; Mechanical in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 11.9 | 13.3 | 13.2 | 9.2 | -8.2% |
| Germany | 1.4 | 0.7 | 0.6 | 1.1 | -7.7% |
| Qatar | 0.7 | 0.5 | 1.3 | 0.9 | 8.7% |
| India | N/A | 0.2 | 0.1 | 0.3 | 22.5% |
| South Korea | 0.8 | 0.3 | 0.1 | 0.3 | -27.9% |
| Saudi Arabia | 0.4 | 0.4 | 0.2 | 0.2 | -20.6% |
| Italy | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Brazil | N/A | N/A | N/A | 0.1 | 0% |
| China | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 5.4 | 3.6 | 3.7 | 7.0 | 9.0% |
| Total | 20.8 | 19.1 | 19.4 | 19.2 | -2.6% |
Top Suppliers of Seals; Mechanical to Oman in 2022:
- United Arab Emirates (782.0K units)
- Saudi Arabia (460.3K units)
- India (218.3K units)
- Italy (177.1K units)
- Brazil (119.2K units)
- South Korea (114.7K units)
- China (88.5K units)
- Qatar (63.0K units)
- Germany (49.0K units)
Seals; Mechanical Exports in Oman
In 2022, seals; mechanical exports from Oman contracted sharply to 2.7K units, waning by -47.7% against the year before. In general, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 252%. The exports peaked at 5.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, seals; mechanical exports shrank rapidly to $20K in 2022. Over the period under review, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 193% against the previous year. The exports peaked at $58K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Seals; Mechanical in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 2.0 | 1.2 | 7.9 | 5.0 | 35.7% |
| United States | 29.3 | 2.1 | 1.8 | 4.9 | -44.9% |
| Qatar | 2.1 | 2.3 | 1.4 | 2.3 | 3.1% |
| Yemen | 0.2 | 0.1 | 1.4 | 1.7 | 104.1% |
| United Arab Emirates | 4.9 | 0.8 | 1.2 | 1.4 | -34.1% |
| Iran | 0.1 | N/A | 0.2 | 0.4 | 58.7% |
| Free Zones | N/A | 0.1 | 0.3 | 0.2 | 41.4% |
| Kuwait | N/A | 0.6 | 12.2 | N/A | 1933.3% |
| Argentina | 0.5 | N/A | 0.3 | N/A | -22.5% |
| Saudi Arabia | 1.2 | N/A | 0.4 | N/A | -42.3% |
| Turkey | N/A | 0.5 | N/A | N/A | 0% |
| Others | 17.8 | 2.6 | 2.7 | 4.0 | -39.2% |
| Total | 58.0 | 10.2 | 29.8 | 20.0 | -29.9% |
Top Export Markets for Seals; Mechanical from Oman in 2022:
- Hong Kong SAR (896.0 units)
- United Arab Emirates (699.0 units)
- Yemen (671.0 units)
- United States (94.0 units)
- Qatar (93.0 units)
- Free Zones (71.0 units)
- Iran (57.0 units)
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