Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman - 2022

Contents:

  1. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman (CIF) - 2022
  2. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman (FOB) - 2022
  3. Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman
  4. Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman (CIF) - 2022

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $9,851 per ton, picking up by 97% against the previous year. Overall, the import price continues to indicate a perceptible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($15,254 per ton), while the price for China ($3,377 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 (+5.7%), while the prices for the other major suppliers experienced a decline.

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman (FOB) - 2022

In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $26,400 per ton, jumping by 1,345% against the previous year. Over the period under review, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($31,000 per ton), while the average price for exports to the United States totaled $25,250 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+90.4%), while the prices for the other major destinations experienced a decline.

Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman

In 2022, overseas purchases of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -92.7% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a sharp setback. The growth pace was the most rapid in 2020 with an increase of 105% against the previous year.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor shrank sharply to $14K in 2022. Over the period under review, imports recorded a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 146% against the previous year. As a result, imports attained the peak of $102K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.761.339.911.526.4%
Hong Kong SARN/AN/AN/A2.00%
China1.738.448.30.5-33.5%
India1.61.2N/AN/A-25.0%
Taiwan (Chinese)29.2N/AN/AN/A0%
Others3.31.09.1N/A66.1%
Total41.510297.314.1-30.2%

Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Oman in 2022:

  1. United Arab Emirates (1142.0 kg)
  2. China (154.0 kg)
  3. Hong Kong SAR (134.0 kg)

Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman

In 2022, overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -98.5% to 5 kg, falling for the second year in a row after two years of growth. Overall, exports saw a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 35,920%. As a result, the exports attained the peak of 9 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor fell remarkably to $132 in 2022. Over the period under review, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 25,062%. As a result, the exports attained the peak of $27K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A0.10%
Qatar0.127.40.4N/A100.0%
United Arab EmiratesN/AN/AN/AN/A0%
OthersN/AN/A0.2N/A0%
Total0.127.40.60.10.0%

Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Oman in 2022:

  1. United States (4.0 kg)
  2. United Arab Emirates (1.0 kg)

Source: IndexBox Market Intelligence Platform

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