Fishing Reels Price in Oman - 2021

Contents:

  1. Fishing Reels Price in Oman (CIF) - 2022
  2. Fishing Reels Price in Oman (FOB) - 2022
  3. Fishing Reels Imports in Oman
  4. Fishing Reels Exports in Oman

Fishing Reels Price in Oman (CIF) - 2022

In 2022, the average fishing reels import price amounted to $13,225 per ton, reducing by -17.8% against the previous year. Overall, the import price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2019 an increase of 78% against the previous year. The import price peaked at $32,070 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($38,045 per ton), while the price for the United Arab Emirates ($6,760 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Fishing Reels Price in Oman (FOB) - 2022

In 2022, the average fishing reels export price amounted to $16,760 per ton, falling by -27.5% against the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39%. The export price peaked at $41,296 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($16,965 per ton), while the average price for exports to South Africa totaled $6,406 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+64.6%).

Fishing Reels Imports in Oman

In 2022, approx. 4.7 tons of fishing reelses were imported into Oman; which is down by -3.7% on 2021 figures. Overall, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year. As a result, imports reached the peak of 4.8 tons, and then dropped in the following year.

In value terms, fishing reels imports contracted rapidly to $62K in 2022. In general, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of $78K, and then contracted markedly in the following year.

Import of Fishing Reels in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa8.911.316.723.237.6%
United Arab Emirates28.714.530.321.8-8.8%
Singapore4.81.48.96.410.1%
Japan14.12.30.54.0-34.3%
Taiwan (Chinese)3.22.92.92.0-14.5%
South Korea3.32.72.61.7-19.8%
China2.30.20.60.7-32.7%
Others3.49.915.31.8-19.1%
Total68.745.377.961.6-3.6%

Top Suppliers of Fishing Reels to Oman in 2022:

  1. United Arab Emirates (3220.0 kg)
  2. South Africa (713.0 kg)
  3. Singapore (349.0 kg)
  4. Japan (104.0 kg)
  5. South Korea (90.0 kg)
  6. Taiwan (Chinese) (75.0 kg)
  7. China (60.0 kg)

Fishing Reels Exports in Oman

Fishing reels exports from Oman soared to 79 kg in 2022, jumping by 295% compared with 2021 figures. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 442%. As a result, the exports reached the peak of 130 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fishing reels exports skyrocketed to $1.3K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 497%. As a result, the exports attained the peak of $2.2K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Fishing Reels in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar3392,1431131,30656.8%
South Africa1.031.02.010.0115.4%
IranN/AN/A11.0N/A0%
Saudi ArabiaN/AN/A276N/A0%
Others24.0N/A55.0N/A51.4%
Total3642,1744571,31653.5%

Top Export Markets for Fishing Reels from Oman in 2022:

  1. Qatar (77.0 kg)
  2. South Africa (2.0 kg)

Source: IndexBox Market Intelligence Platform

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