Price for Cycles; Parts Thereof, Saddles in Oman - 2021

Contents:

  1. Price for Cycles; Parts Thereof, Saddles in Oman (CIF) - 2022
  2. Price for Cycles; Parts Thereof, Saddles in Oman (FOB) - 2022
  3. Imports of Cycles; Parts Thereof, Saddles in Oman
  4. Exports of Cycles; Parts Thereof, Saddles in Oman

Price for Cycles; Parts Thereof, Saddles in Oman (CIF) - 2022

In 2022, the average cycles; parts thereof, saddles import price amounted to $2.3 per unit, flattening at the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cycles; parts thereof, saddles import price increased by +115.1% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 51% against the previous year. The import price peaked at $2.3 per unit in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($17 per unit), while the price for Taiwan (Chinese) ($1.3 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 Arab Emirates (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Saddles in Oman (FOB) - 2022

The average cycles; parts thereof, saddles export price stood at $14 per unit in 2022, picking up by 248% against the previous year. Over the period under review, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($16 per unit), while the average price for exports to the United Arab Emirates stood at $4.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-1.8%).

Imports of Cycles; Parts Thereof, Saddles in Oman

Cycles; parts thereof, saddles imports into Oman shrank remarkably to 3.6K units in 2022, dropping by -45.6% against 2021 figures. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 715% against the previous year. As a result, imports reached the peak of 6.6K units, and then reduced dramatically in the following year.

In value terms, cycles; parts thereof, saddles imports declined markedly to $8.2K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,066% against the previous year. As a result, imports attained the peak of $15K, and then declined dramatically in the following year.

Import of Cycles; Parts Thereof, Saddles in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.5N/A3.85.0115.4%
Taiwan (Chinese)0.41.05.11.555.4%
IndiaN/A0.13.31.0216.2%
Others0.10.22.80.8100.0%
Total1.01.315.08.2101.7%

Top Suppliers of Cycles; Parts Thereof, Saddles to Oman in 2022:

  1. China (2395.0 units)
  2. Taiwan (Chinese) (1123.0 units)
  3. India (67.0 units)

Exports of Cycles; Parts Thereof, Saddles in Oman

In 2022, the amount of cycles; parts thereof, saddleses exported from Oman fell notably to 5 units, reducing by -58.3% on the previous year. In general, exports saw a dramatic shrinkage. The smallest decline of -33.3% was in 2020. Over the period under review, the exports hit record highs at 36 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cycles; parts thereof, saddles exports surged to $71 in 2022. Over the period under review, exports saw a abrupt slump. The exports peaked at $135 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Cycles; Parts Thereof, Saddles in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/AN/A31.00%
United Arab Emirates13592.049.09.0-59.5%
OthersN/AN/AN/A31.00%
Total13592.049.071.0-19.3%

Top Export Markets for Cycles; Parts Thereof, Saddles from Oman in 2022:

  1. United Arab Emirates (2.0 units)
  2. Finland (2.0 units)

Source: IndexBox Market Intelligence Platform

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