Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman - 2022

Contents:

  1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman (FOB) - 2022
  2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman (CIF) - 2022
  3. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman
  4. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $59,181 per ton, growing by 1,130% against the previous year. Over the period under review, the export price showed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($63,362 per ton), while the average price for exports to the United Arab Emirates stood at $3,977 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+10.3%).

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman (CIF) - 2022

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $30,501 per ton in 2022, picking up by 155% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. 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 Qatar ($111,267 per ton), while the price for China ($1,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman

Exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses from Oman surged to 6.7 tons in 2022, jumping by 144% against the previous year. Over the period under review, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 896%.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $396K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/AN/AN/A3930%
United Arab Emirates12.20.113.21.9-46.2%
South Korea14.6N/AN/AN/A0%
Yemen3.4N/AN/AN/A0%
OthersN/A3.2N/A1.0-44.1%
Total30.13.313.2396136.1%

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Oman in 2022:

  1. Bahrain (6.2 tons)
  2. United Arab Emirates (0.5 tons)

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman

For the third consecutive year, Oman recorded decline in overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, which decreased by -83.3% to 3.6 tons in 2022. Overall, imports showed a precipitous setback. The smallest decline of -3.6% was in 2021.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses shrank sharply to $110K in 2022. Over the period under review, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.

Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.72.00.438.853.6%
Qatar0.40.91.611.7208.1%
United Arab Emirates4.90.90.73.4-11.5%
Luxembourg6.00.80.43.3-18.1%
China2.20.20.10.6-35.2%
United Kingdom21.34.54.3N/A-55.1%
Brazil829202228N/A-47.6%
Others13719.421.551.8-27.7%
Total1,012230257110-52.3%

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Oman in 2022:

  1. Germany (2189.0 kg)
  2. United Arab Emirates (507.0 kg)
  3. China (456.0 kg)
  4. Luxembourg (320.0 kg)
  5. Qatar (105.0 kg)

Source: IndexBox Market Intelligence Platform

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