Oman - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Oman - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights

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Crane Price in Oman - 2021

Contents:

  1. Crane Price in Oman (CIF) - 2022
  2. Crane Price in Oman (FOB) - 2022
  3. Crane Imports in Oman
  4. Crane Exports in Oman

Crane Price in Oman (CIF) - 2022

In 2022, the average crane import price amounted to $8,676 per unit, with a decrease of -19.9% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $12,378 per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 Germany ($12,410 per unit), while the price for the United Arab Emirates ($3,776 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+17.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Crane Price in Oman (FOB) - 2022

In 2022, the average crane export price amounted to $5,793 per unit, waning by -7.5% against the previous year. Overall, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,415 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($22,146 per unit), while the average price for exports to India ($1,918 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 Tanzania (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Crane Imports in Oman

Crane imports into Oman was estimated at 7.3K units in 2022, with an increase of 5.1% against 2021 figures. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, crane imports contracted sharply to $64M in 2022. In general, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 46%. Imports peaked at $81M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Crane in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.75.232.327.7-8.1%
Ireland0.10.118.114.6426.6%
United Arab Emirates15.79.53.65.2-30.8%
Germany9.27.45.74.3-22.4%
Qatar2.06.03.21.5-9.1%
Saudi Arabia1.54.50.91.3-4.7%
Italy1.02.71.71.39.1%
AzerbaijanN/A1.5N/AN/A0%
Others15.714.910.17.7-21.1%
Total80.951.775.663.7-7.7%

Top Suppliers of Crane to Oman in 2022:

  1. China (3098.0 units)
  2. United Arab Emirates (1374.0 units)
  3. Ireland (1190.0 units)
  4. Germany (346.0 units)
  5. Qatar (334.0 units)
  6. Saudi Arabia (265.0 units)
  7. Italy (128.0 units)

Crane Exports in Oman

In 2022, the amount of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane exported from Oman soared to 167 units, rising by 27% on 2021 figures. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at 182 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, crane exports surged to $965K in 2022. Overall, exports, however, recorded a noticeable shrinkage. Over the period under review, the exports reached the maximum at $1.1M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Crane in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates472389348367-8.0%
China42.513814520569.0%
Egypt14493.2108114-7.5%
Saudi Arabia33.115.454.357.220.0%
Qatar5.16.55.249.2112.9%
Nigeria12.961.137.139.144.7%
Iran14.518.525.026.322.0%
Kuwait68.848.824.721.6-32.0%
Yemen2.316.418.719.7104.6%
India26.93.24.112.4-22.8%
Iraq13.310.86.26.6-20.8%
Tanzania69.630.81.51.8-70.4%
TurkeyN/A189N/AN/A0%
Others17583.848.444.8-36.5%
Total1,0791,103826965-3.7%

Top Export Markets for Crane from Oman in 2022:

  1. United Arab Emirates (66.0 units)
  2. China (36.0 units)
  3. Qatar (11.0 units)
  4. Kuwait (9.0 units)
  5. Nigeria (8.0 units)
  6. Yemen (7.0 units)
  7. India (6.0 units)
  8. Saudi Arabia (5.0 units)
  9. Egypt (5.0 units)
  10. Iran (4.0 units)
  11. Iraq (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crane market 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 28221420 - Overhead travelling cranes on fixed support
  • Prodcom 28221433 - Mobile lifting frames on tyres and straddle carriers
  • Prodcom 28221435 - Transporter cranes, gantry cranes and bridge cranes
  • Prodcom 28221440 - Tower cranes and portal or pedestal jib cranes
  • Prodcom 28221450 - Self-propelled lifting equipment, of a kind mounted to run on rails in servicing building sites, quarries and the like
  • Prodcom 28221460 - Lifting equipment designed for mounting on road vehicles
  • Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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