Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,972 per unit in 2022, waning by -6.5% against the previous year. Overall, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2013 an increase of 124% against the previous year. The import price peaked at $2,390 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,901 per unit), while the price for Bahrain ($42 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+136.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $156 per unit in 2022, picking up by 10% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 205% against the previous year. The export price peaked at $1,317 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($158 per unit), while the average price for exports to the United Arab Emirates amounted to $153 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.8%).

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman

In 2022, after two years of decline, there was significant growth in purchases abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, when their volume increased by 16% to 57 units. Overall, imports, however, recorded a deep setback. Imports peaked at 103 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses totaled $112K in 2022. In general, imports, however, continue to indicate a deep setback. Over the period under review, imports of hit record highs at $215K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Oman in 2022:

1. United Arab Emirates (25.0 units)
2. China (14.0 units)
3. Italy (8.0 units)
4. United Kingdom (5.0 units)
5. India (2.0 units)
6. Bahrain (1.0 units)
7. Germany (1.0 units)
8. Spain (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Oman

Exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses from Oman rose markedly to 12 units in 2022, surging by 9.1% compared with the year before. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 760%. As a result, the exports reached the peak of 43 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses surged to $1.9K in 2022. Overall, exports, however, showed a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 75% against the previous year. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Oman in 2022:

1. Qatar (8.0 units)
2. United Arab Emirates (4.0 units)

Source: IndexBox Market Intelligence Platform