Price for Electrical Fuses for Under 1000 V in Oman - 2022
Contents:
- Price for Electrical Fuses for Under 1000 V in Oman (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Oman (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Oman
- Exports of Electrical Fuses for Under 1000 V in Oman
Price for Electrical Fuses for Under 1000 V in Oman (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $27 per thousand units, with an increase of 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2015 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 ($109 per thousand units), while the price for China ($10 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Oman (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $79 per thousand units, with a decrease of -5.4% against the previous year. Overall, the export price, however, posted a moderate increase. The growth pace was the most rapid in 2021 when the average export price increased by 85% against the previous year. As a result, the export price attained the peak level of $84 per thousand units, and then reduced in the following year.
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 Germany ($241 per thousand units), while the average price for exports to Tanzania ($2.6 per thousand units) 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 (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Oman
In 2022, overseas purchases of electrical fuses for under 1000 v were finally on the rise to reach 117M units after two years of decline. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v soared to $3.1M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electrical Fuses for Under 1000 V in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,277 | 742 | 704 | 1,577 | 7.3% |
| India | 147 | 140 | 192 | 411 | 40.9% |
| Spain | 63.9 | 12.2 | 131 | 274 | 62.5% |
| China | 326 | 234 | 195 | 194 | -15.9% |
| Germany | 135 | 69.1 | 156 | 120 | -3.9% |
| Italy | 45.7 | 527 | 306 | 58.1 | 8.3% |
| Others | 540 | 582 | 651 | 495 | -2.9% |
| Total | 2,535 | 2,306 | 2,336 | 3,129 | 7.3% |
Top Suppliers of Electrical Fuses for Under 1000 V to Oman in 2022:
- United Arab Emirates (53.2M units)
- India (26.9M units)
- China (19.1M units)
- Spain (8.4M units)
- Germany (3.3M units)
- Italy (0.5M units)
Exports of Electrical Fuses for Under 1000 V in Oman
In 2022, exports of electrical fuses for under 1000 v from Oman surged to 3.3M units, increasing by 2,033% on the year before. In general, exports, however, faced a precipitous decrease. The exports peaked at 7.4M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical fuses for under 1000 v soared to $259K in 2022. Overall, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Fuses for Under 1000 V in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 19.1 | 1.5 | 7.0 | 155 | 101.0% |
| Qatar | 153 | 2.7 | 1.3 | 59.9 | -26.8% |
| Germany | 0.4 | N/A | 1.3 | 17.4 | 251.7% |
| Yemen | 8.9 | 0.1 | 0.8 | 6.4 | -10.4% |
| United Arab Emirates | 7.2 | 0.1 | 0.6 | 5.4 | -9.1% |
| Netherlands | 0.4 | N/A | 0.4 | 2.7 | 89.0% |
| Tanzania | 0.4 | N/A | 0.1 | 0.9 | 31.0% |
| Others | 22.4 | 0.6 | 1.4 | 12.1 | -18.6% |
| Total | 211 | 5.1 | 12.9 | 259 | 7.1% |
Top Export Markets for Electrical Fuses for Under 1000 V from Oman in 2022:
- Qatar (1747.0K units)
- Saudi Arabia (699.7K units)
- Tanzania (341.8K units)
- Yemen (277.2K units)
- Germany (72.1K units)
- Netherlands (49.4K units)
- United Arab Emirates (24.2K units)
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