Oman - Equipment For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Internal Combustion Engine Equipment in Oman - 2021
Contents:
- Price for Internal Combustion Engine Equipment in Oman (CIF) - 2022
- Price for Internal Combustion Engine Equipment in Oman (FOB) - 2022
- Imports of Internal Combustion Engine Equipment in Oman
- Exports of Internal Combustion Engine Equipment in Oman
Price for Internal Combustion Engine Equipment in Oman (CIF) - 2022
The average internal combustion engine equipment import price stood at $16 per unit in 2022, jumping by 37% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, internal combustion engine equipment import price decreased by -6.9% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 83%. The import price peaked at $17 per unit in 2020; however, from 2021 to 2022, 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 France ($78 per unit), while the price for Qatar ($3.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+36.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Internal Combustion Engine Equipment in Oman (FOB) - 2022
In 2022, the average internal combustion engine equipment export price amounted to $9.8 per unit, picking up by 3.9% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, internal combustion engine equipment export price increased by +106.8% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 49%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($11 per unit), while the average price for exports to Qatar ($3.5 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 United States (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Internal Combustion Engine Equipment in Oman
In 2022, after three years of growth, there was significant decline in purchases abroad of equipment for internal combustion engines, when their volume decreased by -10.8% to 63K units. In general, imports showed a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of 3.8% against the previous year. Over the period under review, imports attained the peak figure at 71K units in 2021, and then contracted in the following year.
In value terms, internal combustion engine equipment imports soared to $986K in 2022. Over the period under review, imports saw a pronounced reduction. Imports peaked at $1.2M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
Import of Internal Combustion Engine Equipment in Oman (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 185 | 47.5 | 161 | 318 | 19.8% |
United Arab Emirates | 411 | 421 | 185 | 127 | -32.4% |
Qatar | 124 | 103 | 157 | 108 | -4.5% |
Sweden | 3.9 | 93.7 | 41.6 | 28.6 | 94.3% |
Netherlands | 6.1 | 38.9 | 5.4 | 10.8 | 21.0% |
China | 1.4 | 1.5 | 0.1 | 10.7 | 97.0% |
Japan | 0.3 | 14.4 | 26.7 | 6.8 | 183.0% |
Others | 322 | 444 | 231 | 376 | 5.3% |
Total | 1,054 | 1,164 | 808 | 986 | -2.2% |
Top Suppliers of Internal Combustion Engine Equipment to Oman in 2022:
- Qatar (27.4K units)
- United Arab Emirates (21.1K units)
- France (4.1K units)
- Japan (1.4K units)
- Netherlands (1.2K units)
- Sweden (1.2K units)
- China (1.0K units)
Exports of Internal Combustion Engine Equipment in Oman
In 2022, approx. 2.9K units of equipment for internal combustion engines were exported from Oman; with a decrease of -30.3% against 2021 figures. In general, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Over the period under review, the exports reached the maximum at 9.2K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, internal combustion engine equipment exports contracted rapidly to $28K in 2022. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 122% against the previous year. Over the period under review, the exports reached the peak figure at $58K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Internal Combustion Engine Equipment in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 11.0 | 12.3 | 8.1 | 14.3 | 9.1% |
United Kingdom | 10.1 | 1.5 | 6.1 | 4.9 | -21.4% |
United States | 20.3 | 1.1 | 5.3 | 3.6 | -43.8% |
Yemen | 3.8 | 2.0 | 2.2 | 2.8 | -9.7% |
Qatar | 8.4 | 0.1 | 0.1 | 1.2 | -47.7% |
Tanzania | 1.7 | 0.3 | 1.2 | 1.1 | -13.5% |
Free Zones | N/A | N/A | 9.9 | N/A | 0% |
India | N/A | N/A | 4.5 | N/A | 0% |
Others | 3.2 | N/A | 1.0 | N/A | -44.1% |
Total | 58.4 | 17.3 | 38.5 | 27.9 | -21.8% |
Top Export Markets for Internal Combustion Engine Equipment from Oman in 2022:
- United Arab Emirates (1261.0 units)
- United Kingdom (480.0 units)
- United States (394.0 units)
- Qatar (334.0 units)
- Yemen (275.0 units)
- Tanzania (107.0 units)
This report provides an in-depth analysis of the market for internal combustion engine equipment in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29312270 - Equipment, n.e.c., for internal combustion engines
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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