Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $736 per unit, increasing by 19% against the previous year. Over the period under review, the import price showed a tangible expansion. The most prominent rate of growth was recorded in 2018 an increase of 67%. Over the period under review, average import prices attained the peak figure at $914 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 the UK ($1,461 per unit), while the price for Kuwait ($120 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $442 per unit in 2022, with an increase of 85% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $466 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,170 per unit), while the average price for exports to the Netherlands ($72 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 the UK (+623.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman
In 2022, approx. 3.8K units of tools; for working in the hand, pneumatic, other than rotary type were imported into Oman; increasing by 23% compared with 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at 3.8K units in 2019; afterwards, it flattened through to 2022.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type surged to $2.8M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 1,405 | 1,308 | 1,615 | 1,944 | 11.4% |
India | 16.2 | 12.4 | 28.8 | 192 | 128.0% |
China | 49.9 | 20.2 | 73.2 | 168 | 49.9% |
United States | 163 | 17.0 | 17.6 | 117 | -10.5% |
United Kingdom | 143 | 22.9 | 87.1 | 104 | -10.1% |
Kuwait | N/A | 94.0 | 5.4 | 68.6 | -14.6% |
Japan | 140 | 5.7 | 46.5 | 12.1 | -55.8% |
Others | 262 | 32.2 | 29.2 | 181 | -11.6% |
Total | 2,180 | 1,513 | 1,903 | 2,786 | 8.5% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Oman in 2022:
- United Arab Emirates (1525.0 units)
- China (832.0 units)
- Kuwait (570.0 units)
- India (477.0 units)
- United States (147.0 units)
- United Kingdom (71.0 units)
- Japan (11.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman
After three years of growth, shipments abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -84.9% to 270 units in 2022. Overall, exports saw a dramatic curtailment. The growth pace was the most rapid in 2020 when exports increased by 28% against the previous year. The exports peaked at 1.8K units in 2021, and then fell notably in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type reduced markedly to $119K in 2022. In general, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 33%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at $427K in 2021, and then shrank rapidly in the following year.
Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | N/A | 26.0 | 0% |
United Arab Emirates | 91.1 | 327 | 167 | 25.7 | -34.4% |
United Kingdom | N/A | N/A | 201 | 19.1 | -90.5% |
Saudi Arabia | 25.4 | 0.5 | 2.2 | 18.8 | -9.5% |
Tanzania | N/A | N/A | N/A | 13.8 | 0% |
Qatar | 132 | 6.3 | 6.8 | 8.4 | -60.1% |
Netherlands | N/A | N/A | 0.1 | 1.4 | 1300.0% |
Yemen | 5.6 | 0.2 | 35.1 | 0.2 | -67.1% |
Others | 2.7 | 8.4 | 15.2 | 6.0 | 30.5% |
Total | 256 | 342 | 427 | 119 | -22.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Oman in 2022:
- United Arab Emirates (96.0 units)
- Saudi Arabia (69.0 units)
- Qatar (31.0 units)
- Netherlands (19.0 units)
- Tanzania (13.0 units)
- United States (12.0 units)
- United Kingdom (11.0 units)
- Yemen (1.0 units)
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