Price for Tools, Hand; Other than Household Tools in Oman - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Oman (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Oman (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Oman
- Exports of Tools, Hand; Other than Household Tools in Oman
Price for Tools, Hand; Other than Household Tools in Oman (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $6,795 per ton in 2022, jumping by 33% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 69% against the previous year. Over the period under review, average import prices reached the maximum at $14,240 per ton in 2012; however, from 2013 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 Qatar ($58,089 per ton), while the price for China ($930 per ton) 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 (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools, Hand; Other than Household Tools in Oman (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $3,893 per ton, reducing by -70.8% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 191% against the previous year. Over the period under review, the average export prices reached the maximum at $18,930 per ton 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 export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($23,787 per ton), while the average price for exports to Qatar ($2,136 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+52.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools, Hand; Other than Household Tools in Oman
In 2022, the amount of tools, hand; other than household toolses imported into Oman rose remarkably to 520 tons, picking up by 6.5% compared with 2021. Over the period under review, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 40%.
In value terms, imports of tools, hand; other than household toolses skyrocketed to $3.5M in 2022. In general, imports, however, saw a slight downturn.
| Import of Tools, Hand; Other than Household Tools in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,748 | 1,269 | 1,502 | 1,250 | -10.6% |
| Qatar | 379 | 577 | 251 | 660 | 20.3% |
| Netherlands | 43.0 | 22.8 | 7.4 | 307 | 92.6% |
| United States | 193 | 169 | 119 | 303 | 16.2% |
| Germany | 125 | 73.7 | 136 | 262 | 28.0% |
| China | 212 | 85.7 | 174 | 169 | -7.3% |
| India | 90.1 | 18.6 | 16.7 | 38.0 | -25.0% |
| Others | 901 | 542 | 288 | 546 | -15.4% |
| Total | 3,690 | 2,758 | 2,494 | 3,535 | -1.4% |
Top Suppliers of Tools, Hand; Other than Household Tools to Oman in 2022:
- United Arab Emirates (241.6 tons)
- China (181.7 tons)
- India (25.5 tons)
- Germany (18.1 tons)
- Qatar (11.4 tons)
- United States (9.7 tons)
- Netherlands (9.0 tons)
Exports of Tools, Hand; Other than Household Tools in Oman
In 2022, exports of tools, hand; other than household toolses from Oman skyrocketed to 101 tons, with an increase of 54% on 2021. In general, exports, however, recorded a precipitous slump.
In value terms, exports of tools, hand; other than household toolses declined markedly to $392K in 2022. Overall, exports, however, showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 89% against the previous year.
| Export of Tools, Hand; Other than Household Tools in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.1 | 5.2 | 1.5 | 166 | 432.4% |
| United Kingdom | 360 | 55.9 | 0.5 | 132 | -28.4% |
| Kuwait | N/A | N/A | N/A | 11.9 | 0% |
| Thailand | N/A | N/A | N/A | 8.9 | 0% |
| Spain | N/A | N/A | N/A | 8.6 | 0% |
| Sweden | N/A | 0.4 | N/A | 6.8 | 312.3% |
| Free Zones | 27.6 | 6.6 | 1.7 | 4.4 | -45.8% |
| Australia | 139 | 9.8 | N/A | 2.1 | -75.3% |
| Qatar | 405 | 75.7 | 24.6 | 1.7 | -83.9% |
| Saudi Arabia | 18.3 | 6.5 | 4.3 | N/A | -51.5% |
| Others | 82.5 | 300 | 838 | 49.4 | -15.7% |
| Total | 1,034 | 460 | 871 | 392 | -27.6% |
Top Export Markets for Tools, Hand; Other than Household Tools from Oman in 2022:
- United Arab Emirates (70.5 tons)
- United Kingdom (5.5 tons)
- Kuwait (5.3 tons)
- Thailand (4.0 tons)
- Spain (3.8 tons)
- Sweden (3.0 tons)
- Free Zones (2.0 tons)
- Australia (1.5 tons)
- Qatar (0.8 tons)
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