Price for Non-Keyboard Electrical Musical Instruments in Oman - 2021

Contents:

1. Price for Non-Keyboard Electrical Musical Instruments in Oman (CIF) - 2022
2. Price for Non-Keyboard Electrical Musical Instruments in Oman (FOB) - 2022
3. Imports of Non-Keyboard Electrical Musical Instruments in Oman
4. Exports of Non-Keyboard Electrical Musical Instruments in Oman

Price for Non-Keyboard Electrical Musical Instruments in Oman (CIF) - 2022

The average non-keyboard electrical musical instruments import price stood at $333 per unit in 2022, shrinking by -2.4% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-keyboard electrical musical instruments import price increased by +10.0% against 2014 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs at $341 per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($552 per unit), while the price for Italy ($74 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Keyboard Electrical Musical Instruments in Oman (FOB) - 2022

In 2022, the average non-keyboard electrical musical instruments export price amounted to $1,404 per unit, rising by 25% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 250%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,845 per unit), while the average price for exports to Malawi ($31 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 Tanzania (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Keyboard Electrical Musical Instruments in Oman

In 2022, overseas purchases of non-keyboard electrical musical instrumentses decreased by -5.6% to 8.6K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 13%. Over the period under review, imports reached the peak figure at 9.1K units in 2021, and then fell in the following year.

In value terms, non-keyboard electrical musical instruments imports shrank to $2.9M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports attained the peak of $3.1M, and then contracted in the following year.

Top Suppliers of Non-Keyboard Electrical Musical Instruments to Oman in 2022:

1. United Arab Emirates (1936.0 units)
2. Qatar (845.0 units)
3. Netherlands (783.0 units)
4. China (742.0 units)
5. Germany (536.0 units)
6. United States (474.0 units)
7. Turkey (453.0 units)
8. Italy (433.0 units)
9. Canada (412.0 units)

Exports of Non-Keyboard Electrical Musical Instruments in Oman

Non-keyboard electrical musical instruments exports from Oman shrank markedly to 16 units in 2022, with a decrease of -23.8% against 2021 figures. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked at 22 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-keyboard electrical musical instruments exports reduced modestly to $22K in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year. As a result, the exports reached the peak of $24K, and then declined modestly in the following year.

Top Export Markets for Non-Keyboard Electrical Musical Instruments from Oman in 2022:

1. United Arab Emirates (7.0 units)
2. Italy (4.0 units)
3. Qatar (1.0 units)
4. Tanzania (1.0 units)
5. Sweden (1.0 units)
6. Malawi (1.0 units)

Source: IndexBox Market Intelligence Platform