Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Oman - 2022

Contents:

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

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Oman (CIF) - 2022

In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $4,304 per ton, increasing by 6.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 79% against the previous year. Over the period under review, average import prices hit record highs at $4,676 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4,265 per ton), while the price for China stood at $3,512 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%).

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Oman (FOB) - 2022

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $1,697 per ton in 2022, surging by 61% against the previous year. Overall, the export price, however, continues to indicate a mild contraction. The export price peaked at $2,388 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($87,625 per ton), while the average price for exports to the United Arab Emirates amounted to $1,150 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+8,143.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Oman

Imports of cycles; parts thereof, wheel rims and spokeses into Oman soared to 64 tons in 2022, with an increase of 128% against 2021 figures. Over the period under review, imports, however, recorded a abrupt slump.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses soared to $275K in 2022. Overall, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Oman in 2022:

1. United Arab Emirates (63.1 tons)
2. China (0.1 tons)

Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Oman

Exports of cycles; parts thereof, wheel rims and spokeses from Oman shrank dramatically to 2.5 tons in 2022, dropping by -93.5% on the previous year. In general, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 702% against the previous year. As a result, the exports reached the peak of 39 tons, and then shrank significantly in the following year.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses reduced sharply to $4.3K in 2022. Overall, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 764% against the previous year.

Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Oman in 2022:

1. United Arab Emirates (2.5 tons)

Source: IndexBox Market Intelligence Platform