Price for Electronic Integrated Circuits; Memories in Oman - 2021

Contents:

  1. Price for Electronic Integrated Circuits; Memories in Oman (CIF) - 2022
  2. Price for Electronic Integrated Circuits; Memories in Oman (FOB) - 2022
  3. Imports of Electronic Integrated Circuits; Memories in Oman
  4. Exports of Electronic Integrated Circuits; Memories in Oman

Price for Electronic Integrated Circuits; Memories in Oman (CIF) - 2022

The average electronic integrated circuits; memories import price stood at $51 per unit in 2022, waning by -9.7% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 205%. Over the period under review, average import prices attained the maximum at $57 per unit in 2021, and then dropped in the following year.

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 Canada ($249 per unit), while the price for the UK ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+37.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits; Memories in Oman (FOB) - 2022

The average electronic integrated circuits; memories export price stood at $0.1 per unit in 2022, shrinking by -34.7% against the previous year. Overall, the export price recorded a slight reduction. The pace of growth was the most pronounced in 2019 an increase of 69%. Over the period under review, the average export prices attained the peak figure at $0.2 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($0.1 per unit), while the average price for exports to the Netherlands ($0.1 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 Netherlands (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electronic Integrated Circuits; Memories in Oman

In 2022, after two years of decline, there was significant growth in purchases abroad of electronic integrated circuits, when their volume increased by 231% to 6.8K units. Over the period under review, imports, however, saw a sharp reduction. Imports peaked at 26K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, electronic integrated circuits; memories imports surged to $347K in 2022. In general, imports, however, saw a deep reduction. Imports peaked at $577K in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Electronic Integrated Circuits; Memories in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar0.23810.2120743.4%
United Arab Emirates22860.233.283.3-28.5%
Indonesia86.162.412.544.0-20.1%
Canada8.711.834.042.169.1%
United Kingdom42.98.20.112.2-34.2%
Germany0.77.00.15.396.4%
Others58.546.335.739.3-12.4%
Total425577116347-6.5%

Top Suppliers of Electronic Integrated Circuits; Memories to Oman in 2022:

  1. United Kingdom (3404.0 units)
  2. Qatar (1762.0 units)
  3. United Arab Emirates (478.0 units)
  4. Indonesia (252.0 units)
  5. Canada (169.0 units)
  6. Germany (96.0 units)

Exports of Electronic Integrated Circuits; Memories in Oman

In 2022, overseas shipments of electronic integrated circuits increased by 63% to 3.4K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic curtailment. Over the period under review, the exports reached the maximum at 962K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electronic integrated circuits; memories exports expanded significantly to $497 in 2022. Over the period under review, exports, however, showed a sharp downturn. Over the period under review, the exports hit record highs at $184K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electronic Integrated Circuits; Memories in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar178N/A0.50.5-85.9%
Netherlands2.10.1N/AN/A-95.2%
Others3.00.4N/AN/A-86.7%
Total1840.50.50.5-86.0%

Top Export Markets for Electronic Integrated Circuits; Memories from Oman in 2022:

  1. Qatar (3.3K units)
  2. Netherlands (0.1K units)

Source: IndexBox Market Intelligence Platform

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