Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman - 2022

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman (CIF) - 2022
  2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman (FOB) - 2022
  3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman
  4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman (CIF) - 2022

In December 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $11,370 per unit, shrinking by -10.6% against the previous month. Overall, the import price showed a mild descent. The pace of growth was the most pronounced in March 2022 when the average import price increased by 199% m-o-m. As a result, import price reached the peak level of $27,576 per unit; afterwards, it flattened through to December 2022.

Prices varied noticeably by the country of origin: the country with the highest price was India ($17,284 per unit), while the price for Japan ($5,806 per unit) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $7,270 per unit, falling by -20.7% against the previous year. Overall, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 377%. Over the period under review, the average export prices attained the peak figure at $9,301 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($8,698 per unit), while the average price for exports to Qatar ($2,601 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 (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman

In 2022, overseas purchases of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -14.1% to 841 units, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 114%. As a result, imports attained the peak of 1.8K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) dropped to $8M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 142%. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.213.80.22.9143.8%
United Arab Emirates4.23.64.42.3-18.2%
China0.10.30.11.3135.1%
LebanonN/AN/AN/A0.40%
Qatar0.10.23.20.226.0%
Japan0.20.80.80.20.0%
Germany0.30.1N/A0.2-12.6%
Turkey0.40.10.10.1-37.0%
Free Zones1.8N/AN/AN/A0%
Others0.50.30.80.3-15.7%
Total7.919.19.58.00.4%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Oman in 2022:

  1. France (260.0 units)
  2. China (224.0 units)
  3. United Arab Emirates (196.0 units)
  4. Japan (47.0 units)
  5. Lebanon (34.0 units)
  6. Germany (21.0 units)
  7. Turkey (15.0 units)
  8. Qatar (11.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman

In 2022, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -20.9% to 110 units, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 327%. As a result, the exports attained the peak of 188 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) shrank remarkably to $800K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 585%. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates53.5258116446102.8%
Iran1181101031241.7%
NetherlandsN/AN/A12.465.6429.0%
YemenN/A45165143.5-68.9%
Tanzania9.80.31.836.855.4%
DenmarkN/AN/A6.034.8480.0%
Qatar72.18593152.6-67.0%
Bahrain1.918.6N/AN/A878.9%
Others0.251.168.546.3514.0%
Total2551,7491,27480046.4%

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Oman in 2022:

  1. United Arab Emirates (57.0 units)
  2. Iran (16.0 units)
  3. Netherlands (12.0 units)
  4. Tanzania (7.0 units)
  5. Denmark (6.0 units)
  6. Yemen (5.0 units)
  7. Qatar (1.0 units)

Source: IndexBox Market Intelligence Platform

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