Price for Reciprocating or Rotary Internal Combustion Piston Engines in Oman - 2022

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Oman (FOB) - 2022
  2. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Oman (CIF) - 2022
  3. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Oman
  4. Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Oman

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Oman (FOB) - 2022

The average export price for reciprocating or rotary internal combustion piston engineses stood at $28,008 per unit in 2022, standing approx. at the previous year. In general, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2016 an increase of 132% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain 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 UK ($90,232 per unit), while the average price for exports to Qatar ($1,293 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 Brazil (+75.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Oman (CIF) - 2022

The average import price for reciprocating or rotary internal combustion piston engineses stood at $2,761 per unit in 2022, shrinking by -7.6% against the previous year. In general, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 130%. The import price peaked at $3,873 per unit in 2018; however, from 2019 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 Luxembourg ($9,196 per unit), while the price for Hong Kong SAR ($135 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+103.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Oman

In 2022, approx. 15K units of reciprocating or rotary internal combustion piston engineses were exported from Oman; jumping by 239% against 2021. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 6,286%. As a result, the exports attained the peak of 40K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of reciprocating or rotary internal combustion piston engineses skyrocketed to $218M in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 10,030% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.736.2N/A119454.0%
United Arab EmiratesN/A1.514.826.9323.5%
LuxembourgN/AN/AN/A20.50%
FranceN/A9.2N/A19.144.1%
Qatar0.418.20.19.3185.4%
Hong Kong SAR0.442.3N/A8.2173.7%
Netherlands0.338.01.14.3142.9%
IrelandN/A66.420.4N/A-69.3%
Others0.35.411.311.1233.2%
Total2.121747.7218370.0%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Oman in 2022:

  1. Qatar (7.2K units)
  2. Luxembourg (2.0K units)
  3. France (1.9K units)
  4. United Kingdom (1.3K units)
  5. Hong Kong SAR (0.8K units)
  6. United Arab Emirates (0.6K units)
  7. Netherlands (0.4K units)

Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Oman

In 2022, the amount of reciprocating or rotary internal combustion piston engineses imported into Oman dropped dramatically to 7.4K units, with a decrease of -55.6% on the previous year. In general, imports saw a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Imports peaked at 38K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of reciprocating or rotary internal combustion piston engineses surged to $22M in 2022. Over the period under review, imports saw a sharp decrease. Imports peaked at $70M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Reciprocating or Rotary Internal Combustion Piston Engines in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Luxembourg33.65.91.011.0-31.1%
United KingdomN/AN/A0.13.43300.0%
Qatar0.10.2N/A3.1214.1%
Japan3.96.211.62.0-20.0%
United Arab Emirates1.82.93.81.4-8.0%
TurkeyN/AN/AN/A0.40%
United States1.11.90.10.1-55.0%
Hong Kong SAR8.4N/AN/AN/A0%
France14.0N/AN/AN/A0%
IndonesiaN/A2.5N/AN/A0%
Brazil5.9N/AN/AN/A0%
Others1.60.41.00.2-50.0%
Total70.520.017.721.5-32.7%

Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Oman in 2022:

  1. Japan (2059.0 units)
  2. United Arab Emirates (1731.0 units)
  3. Qatar (1258.0 units)
  4. Luxembourg (1191.0 units)
  5. Turkey (462.0 units)
  6. United Kingdom (368.0 units)
  7. United States (119.0 units)
  8. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

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