Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman - 2022

Contents:

  1. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman (CIF) - 2022
  2. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman (FOB) - 2022
  3. Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman
  4. Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman (CIF) - 2022

The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $3.9 per unit in 2022, jumping by 28% against the previous year. Over the period under review, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 56% against the previous year. Over the period under review, average import prices hit record highs at $5 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($7.3 per unit), while the price for Saudi Arabia ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman (FOB) - 2022

In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $2.5 per unit, waning by -2.6% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses increased by +30.1% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 50%. As a result, the export price attained the peak level of $3.3 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($2.8 per unit), while the average price for exports to Tanzania ($314 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 Somalia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman

For the third year in a row, Oman recorded decline in supplies from abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which decreased by -43.8% to 79K units in 2022. Over the period under review, imports faced a sharp downturn. The smallest decline of -4.6% was in 2021. Over the period under review, imports of attained the maximum at 241K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses reduced dramatically to $309K in 2022. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Over the period under review, imports of attained the peak figure at $487K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates22861.316192.8-25.9%
Saudi Arabia12098.465.952.1-24.3%
Iran3.59.817.917.470.7%
Turkey24.920.927.914.3-16.9%
Qatar8.09.915.314.120.8%
China6.314.443.24.3-12.0%
Others97.373.397.51155.7%
Total487288429309-14.1%

Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Oman in 2022:

  1. Saudi Arabia (32.5K units)
  2. United Arab Emirates (18.4K units)
  3. Iran (10.2K units)
  4. Turkey (7.6K units)
  5. Qatar (1.9K units)
  6. China (1.5K units)

Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman

In 2022, the amount of stemware drinking glasses, other than of lead crystal or glass-ceramicses exported from Oman expanded notably to 28K units, picking up by 15% against the previous year's figure. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51%. As a result, the exports attained the peak of 31K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses rose notably to $70K in 2022. The total export value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar45.48.155.165.212.8%
Somalia5.35.21.93.0-17.3%
United Arab Emirates0.81.51.51.626.0%
YemenN/A35.1N/AN/A0%
Others2.28.44.30.3-48.5%
Total53.758.262.870.19.3%

Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Oman in 2022:

  1. Qatar (23.0K units)
  2. Somalia (4.7K units)
  3. United Arab Emirates (0.6K units)

Source: IndexBox Market Intelligence Platform

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