Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Oman - 2022

Contents:

1. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Oman (CIF) - 2022
2. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Oman (FOB) - 2022
3. Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Oman
4. Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Oman

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Oman (CIF) - 2022

The average import price for sanitary ware and parts thereof, of iron or steel stood at $6.4 per unit in 2022, jumping by 37% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sanitary ware and parts thereof, of iron or steel increased by +72.8% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($22 per unit), while the price for China ($4.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Oman (FOB) - 2022

In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $16 per unit, surging by 5.9% against the previous year. In general, the export price recorded prominent growth. The pace of growth was the most pronounced in 2020 an increase of 88%. 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 ($49 per unit), while the average price for exports to Yemen ($9.5 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 Singapore (+81.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Oman

For the third consecutive year, Oman recorded decline in purchases abroad of sanitary ware and parts thereof, of iron or steel, which decreased by -27.2% to 938K units in 2022. In general, imports recorded a abrupt shrinkage. The smallest decline of -3.5% was in 2020. Over the period under review, imports of hit record highs at 1.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of sanitary ware and parts thereof, of iron or steel reduced slightly to $6M in 2022. Overall, imports saw a abrupt setback. Over the period under review, imports of hit record highs at $7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Oman in 2022:

1. United Arab Emirates (626.5K units)
2. China (200.4K units)
3. India (38.8K units)
4. United Kingdom (15.3K units)

Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Oman

After two years of decline, overseas shipments of sanitary ware and parts thereof, of iron or steel increased by 256% to 6.1K units in 2022. Overall, exports, however, continue to indicate a precipitous shrinkage. The exports peaked at 217K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of sanitary ware and parts thereof, of iron or steel surged to $99K in 2022. In general, exports, however, showed a sharp curtailment. The exports peaked at $1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Oman in 2022:

1. Yemen (2.7K units)
2. Qatar (2.5K units)
3. United Arab Emirates (0.4K units)
4. Somalia (0.4K units)

Source: IndexBox Market Intelligence Platform