Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $39 per thousand units in 2022, falling by -12.8% against the previous year. Over the period under review, the import price, however, posted a moderate increase. The growth pace was the most rapid in 2019 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the peak figure at $44 per thousand units in 2021, and then dropped in the following year.
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 Italy ($95 per thousand units), while the price for China ($14 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, surging by 140% against the previous year. Overall, the export price saw tangible growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($1.4 per unit), while the average price for exports to the United Arab Emirates (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+88.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman
In 2022, after two years of decline, there was growth in overseas purchases of electrical circuit prefabricated elements, connectors, contact elements and other equipment, when their volume increased by 3.1% to 425M units. Overall, imports, however, recorded a abrupt decrease. Over the period under review, imports of attained the peak figure at 766M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reduced to $16M in 2022. In general, imports, however, saw a deep setback. The smallest decline of -7.3% was in 2020. Over the period under review, imports of reached the maximum at $24M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 9.6 | 9.6 | 11.2 | 7.4 | -8.3% |
| India | 1.2 | 1.1 | 1.5 | 1.7 | 12.3% |
| United Kingdom | 1.4 | 1.9 | 0.9 | 1.7 | 6.7% |
| China | 2.2 | 1.6 | 1.2 | 1.7 | -8.2% |
| Qatar | 0.8 | 1.0 | 0.4 | 1.1 | 11.2% |
| Turkey | 2.2 | 0.6 | 0.4 | 0.6 | -35.2% |
| Philippines | N/A | N/A | N/A | 0.6 | 0% |
| Italy | 1.0 | 1.3 | 0.6 | 0.1 | -53.6% |
| South Korea | N/A | 2.5 | 0.2 | 0.1 | -80.0% |
| Others | 5.5 | 2.4 | 1.8 | 1.5 | -35.2% |
| Total | 23.7 | 22.0 | 18.2 | 16.4 | -11.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Oman in 2022:
- United Arab Emirates (147.5M units)
- China (124.2M units)
- India (71.3M units)
- Turkey (21.3M units)
- United Kingdom (20.3M units)
- Qatar (13.4M units)
- Philippines (7.8M units)
- Italy (0.7M units)
- South Korea (0.7M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman
For the third year in a row, Oman recorded decline in overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which decreased by -74.5% to 4.4M units in 2022. Over the period under review, exports showed a dramatic downturn. The smallest decline of -24.2% was in 2020. The exports peaked at 63M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reduced rapidly to $565K in 2022. In general, exports recorded a dramatic descent. The smallest decline of -27.6% was in 2020. Over the period under review, the exports of hit record highs at $3.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1,467 | 165 | 176 | 226 | -46.4% |
| Iran | 42.6 | 55.3 | 35.4 | 124 | 42.8% |
| Yemen | N/A | 49.6 | 34.7 | 110 | 48.9% |
| Qatar | 989 | 1,326 | 235 | 27.0 | -69.9% |
| United Arab Emirates | 71.3 | 193 | 169 | 26.2 | -28.4% |
| Hong Kong SAR | 35.1 | 27.0 | 37.6 | 14.0 | -26.4% |
| Somalia | N/A | 16.2 | 6.2 | 4.4 | -47.9% |
| Kuwait | N/A | 20.2 | 48.3 | 0.9 | -78.9% |
| India | 112 | 679 | 82.5 | 0.2 | -87.9% |
| Others | 929 | 109 | 101 | 32.1 | -67.4% |
| Total | 3,645 | 2,640 | 926 | 565 | -46.3% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Oman in 2022:
- Egypt (1417.2K units)
- United Arab Emirates (1056.2K units)
- Yemen (890.0K units)
- Iran (523.5K units)
- Qatar (226.6K units)
- Somalia (109.5K units)
- Hong Kong SAR (72.4K units)
- Kuwait (25.1K units)
- India (0.2K units)
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