Price for Clock Movements; Complete and Assembled, Electrically Operated in Oman - 2022

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in Oman (CIF) - 2022
  2. Imports of Clock Movements; Complete and Assembled, Electrically Operated in Oman

Price for Clock Movements; Complete and Assembled, Electrically Operated in Oman (CIF) - 2022

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $2.4 per unit, dropping by -7.4% against the previous year. Overall, the import price showed a mild reduction. The growth pace was the most rapid in 2013 an increase of 50% against the previous year. The import price peaked at $5.5 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($2.4 per unit) and South Africa ($2.4 per unit), while the price for India ($2.1 per unit) and the United States ($2.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Oman

In 2022, purchases abroad of clock movements; complete and assembled, electrically operateds decreased by -45.3% to 7.5K units, falling for the second year in a row after two years of growth. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 461% against the previous year. As a result, imports attained the peak of 32K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of clock movements; complete and assembled, electrically operateds fell sharply to $18K in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 475%. As a result, imports reached the peak of $82K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.03.93.610.674.4%
South Africa0.21.71.54.1173.7%
Germany3.99.23.21.6-25.7%
ThailandN/AN/AN/A1.00%
India5.663.60.10.3-62.3%
United States0.41.00.30.3-9.1%
France0.2N/A24.4N/A1004.5%
Others1.92.72.20.1-62.5%
Total14.382.035.417.97.8%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Oman in 2022:

  1. United Arab Emirates (4.4K units)
  2. South Africa (1.7K units)
  3. Germany (0.7K units)
  4. Thailand (0.4K units)
  5. India (0.1K units)
  6. United States (0.1K units)

Source: IndexBox Market Intelligence Platform

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