Price for Floating or Submersible Drilling or Production Platforms in Oman - 2022

Contents:

  1. Price for Floating or Submersible Drilling or Production Platforms in Oman (FOB) - 2022
  2. Price for Floating or Submersible Drilling or Production Platforms in Oman (CIF) - 2022
  3. Exports of Floating or Submersible Drilling or Production Platforms in Oman
  4. Imports of Floating or Submersible Drilling or Production Platforms in Oman

Price for Floating or Submersible Drilling or Production Platforms in Oman (FOB) - 2022

In 2022, the average export price for floating or submersible drilling or production platformses amounted to $23,770,871 per unit, growing by 5% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2020 an increase of 1,173%. As a result, the export price reached the peak level of $69,594,815 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +65.2% per year.

Price for Floating or Submersible Drilling or Production Platforms in Oman (CIF) - 2022

The average import price for floating or submersible drilling or production platformses stood at $300,390 per unit in 2022, shrinking by -4% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 65%. The import price peaked at $1,109,412 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +64.1% per year.

Exports of Floating or Submersible Drilling or Production Platforms in Oman

Exports of floating or submersible drilling or production platformses from Oman dropped markedly to 1 units in 2022, with a decrease of -90.9% on the year before. In general, exports saw a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 22%. Over the period under review, the exports of reached the peak figure at 89 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of floating or submersible drilling or production platformses dropped sharply to $24M in 2022. Over the period under review, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. As a result, the exports reached the peak of $626M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Floating or Submersible Drilling or Production Platforms in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates14.750.955.123.817.4%
India39.638.665.0N/A28.1%
Saudi Arabia43230.0129N/A-45.4%
OthersN/A507N/AN/A0%
Total48662624923.8-63.4%

Top Export Markets for Floating or Submersible Drilling or Production Platforms from Oman in 2022:

  1. United Arab Emirates (1.0 units)

Imports of Floating or Submersible Drilling or Production Platforms in Oman

In 2022, overseas purchases of floating or submersible drilling or production platformses decreased by -75% to 1 units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, imports reached the peak of 5 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of floating or submersible drilling or production platformses declined remarkably to $300K in 2022. Overall, imports recorded a significant decrease. The growth pace was the most rapid in 2020 with an increase of 48%. Over the period under review, imports of attained the maximum at $1.3M in 2021, and then dropped notably in the following year.

Import of Floating or Submersible Drilling or Production Platforms in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates58.11.817930072.8%
Free ZonesN/A930N/AN/A0%
South Korea3196.9524N/A28.2%
India32.80.549.7N/A23.1%
Netherlands2295.7499N/A47.6%
OthersN/AN/AN/AN/A0%
Total6399451,252300-22.3%

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Oman in 2022:

  1. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Floating or submersible drilling or production platforms - Oman