Price for Electrical Fuses for over 1000 V in Oman - 2022

Contents:

  1. Price for Electrical Fuses for over 1000 V in Oman (CIF) - 2022
  2. Price for Electrical Fuses for over 1000 V in Oman (FOB) - 2022
  3. Imports of Electrical Fuses for over 1000 V in Oman
  4. Exports of Electrical Fuses for over 1000 V in Oman

Price for Electrical Fuses for over 1000 V in Oman (CIF) - 2022

In 2022, the average import price for electrical fuses for over 1000 v amounted to $2.7 per unit, growing by 48% against the previous year. Over the period under review, the import price recorded a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United Arab Emirates ($3 per unit), while the price for China ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Fuses for over 1000 V in Oman (FOB) - 2022

In 2022, the average export price for electrical fuses for over 1000 v amounted to $1.4 per unit, waning by -32.9% against the previous year. In general, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 56% against the previous year. As a result, the export price reached the peak level of $5.3 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($7.4 per unit), while the average price for exports to Yemen ($1.1 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 the United Arab Emirates (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Fuses for over 1000 V in Oman

In 2022, approx. 222K units of electrical fuses for over 1000 v were imported into Oman; declining by -41.9% against 2021. Overall, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Over the period under review, imports of attained the peak figure at 527K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical fuses for over 1000 v fell to $598K in 2022. In general, imports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 85%. As a result, imports attained the peak of $697K, and then shrank in the following year.

Import of Electrical Fuses for over 1000 V in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2.73.725.6222334.8%
United Arab Emirates251173288134-18.9%
France5.82.24.843.495.6%
Germany12.32.926.434.440.9%
Qatar10.37.545.425.034.4%
United Kingdom57.621.415.623.6-25.7%
India18674.471.215.0-56.8%
China51.938.911612.6-37.6%
Others10653.310587.7-6.1%
Total683377697598-4.3%

Top Suppliers of Electrical Fuses for over 1000 V to Oman in 2022:

  1. Spain (73.8K units)
  2. United Arab Emirates (44.3K units)
  3. Germany (22.2K units)
  4. China (16.9K units)
  5. India (14.4K units)
  6. France (14.4K units)
  7. Qatar (8.3K units)
  8. United Kingdom (7.8K units)

Exports of Electrical Fuses for over 1000 V in Oman

In 2022, overseas shipments of electrical fuses for over 1000 v were finally on the rise to reach 15K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical fuses for over 1000 v soared to $20K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electrical Fuses for over 1000 V in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Yemen1.51.81.514.9115.0%
Qatar3.2N/A0.32.0-14.5%
United Arab Emirates0.50.30.10.817.0%
Saudi ArabiaN/A0.7N/AN/A0%
Others1.82.31.52.714.5%
Total6.95.23.420.543.8%

Top Export Markets for Electrical Fuses for over 1000 V from Oman in 2022:

  1. Yemen (13.6K units)
  2. Qatar (0.6K units)
  3. United Arab Emirates (0.1K units)

Source: IndexBox Market Intelligence Platform

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