Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman - 2022

Contents:

  1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman (CIF) - 2022
  2. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman (FOB) - 2022
  3. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman
  4. Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman (CIF) - 2022

In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $6,159 per unit, surging by 15% against the previous year. In general, the import price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2017 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $13,450 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($99,259 per unit), while the price for the United States ($4,069 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman (FOB) - 2022

The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $1,788 per unit in 2022, which is down by -74.1% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 18% against the previous year. As a result, the export price reached the peak level of $10,226 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($1,739 per unit) and Yemen ($1,738 per unit), while the average price for exports to Qatar ($1,438 per unit) and Sweden ($1,724 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-3.0%), while the prices for the other major destinations experienced a decline.

Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman

In 2022, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into Oman fell markedly to 2.6K units, with a decrease of -31% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, imports reached the peak of 3.8K units, and then reduced sharply in the following year.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs reduced rapidly to $16M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of $21M, and then dropped notably in the following year.

Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.38.49.410.446.6%
Italy0.30.31.60.944.2%
NetherlandsN/AN/A1.70.7-58.8%
United States1.70.94.40.6-29.3%
TurkeyN/AN/A0.20.5150.0%
Qatar0.5N/A0.40.50.0%
United Kingdom0.60.1N/A0.4-12.6%
India1.10.30.20.2-43.3%
Others8.24.92.62.2-35.5%
Total15.614.920.616.31.5%

Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Oman in 2022:

  1. United Arab Emirates (1560.0 units)
  2. Italy (212.0 units)
  3. Netherlands (161.0 units)
  4. United States (151.0 units)
  5. Qatar (121.0 units)
  6. Turkey (120.0 units)
  7. United Kingdom (92.0 units)
  8. India (43.0 units)

Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman

In 2022, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs from Oman amounted to 445 units, surging by 11% on 2021 figures. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 208% against the previous year. As a result, the exports reached the peak of 493 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs fell significantly to $796K in 2022. In general, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 259% against the previous year. As a result, the exports attained the peak of $3.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A5860%
YemenN/AN/A37092.1-75.1%
SwedenN/AN/AN/A74.10%
Qatar4159431,7681.4-85.0%
ChinaN/A175N/AN/A0%
EgyptN/A310N/AN/A0%
Iran225N/A456N/A42.4%
CanadaN/A762N/AN/A0%
Others2811,11518342.0-46.9%
Total9213,3052,778796-4.7%

Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Oman in 2022:

  1. United Arab Emirates (337.0 units)
  2. Yemen (53.0 units)
  3. Sweden (43.0 units)
  4. Qatar (1.0 units)

Source: IndexBox Market Intelligence Platform

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