Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Oman - 2022

Contents:

  1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Oman (CIF) - 2022
  2. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Oman

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Oman (CIF) - 2022

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $17 per unit, jumping by 18% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 761%. Over the period under review, average import prices attained the peak figure at $61 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($25 per unit), while the price for the United Arab Emirates stood at $12 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.7%), while the prices for the other major suppliers experienced a decline.

Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Oman

For the fourth consecutive year, Oman recorded growth in purchases abroad of watches; complete movements, unassembled or partly assembled (movement sets), which increased by 1,885% to 1.3K units in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) skyrocketed to $22K in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A14.80%
SwitzerlandN/AN/A0.12.12000.0%
United KingdomN/A0.10.8N/A700.0%
OthersN/AN/AN/A5.40%
TotalN/A0.11.022.21390.0%

Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Oman in 2022:

  1. United Arab Emirates (1226.0 units)
  2. Switzerland (84.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watches; complete movements, unassembled or partly assembled (movement sets) - Oman