Price for Clock or Watch Parts; Dials in Oman - 2021

Contents:

1. Price for Clock or Watch Parts; Dials in Oman (CIF) - 2022
2. Imports of Clock or Watch Parts; Dials in Oman

Price for Clock or Watch Parts; Dials in Oman (CIF) - 2022

The average import price for clock or watch parts; dialses stood at $3,265 per unit in 2022, reducing by -64.2% against the previous year. Overall, the import price recorded a abrupt descent. The growth pace was the most rapid in 2014 an increase of 745% against the previous year. Over the period under review, average import prices reached the peak figure at $9,111 per unit in 2021, and then fell sharply in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($77 per unit), while the price for the United Arab Emirates amounted to $73 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-2.3%), while the prices for the other major suppliers experienced a decline.

Imports of Clock or Watch Parts; Dials in Oman

In 2022, purchases abroad of clock or watch parts; dialses increased by 86% to 13 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep reduction. Imports peaked at 24 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, clock or watch parts; dials imports dropped notably to $42K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 335%. Over the period under review, imports reached the maximum at $64K in 2021, and then contracted sharply in the following year.

Top Suppliers of Clock or Watch Parts; Dials to Oman in 2022:

1. United Arab Emirates (65.0 units)
2. Hong Kong SAR (5.0 units)

Source: IndexBox Market Intelligence Platform