Cranes; Tower Cranes Price in Oman - 2021

Contents:

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

Cranes; Tower Cranes Price in Oman (FOB) - 2022

The average cranes; tower cranes export price stood at $58,191 per unit in 2022, rising by 12% against the previous year. Overall, the export price, however, saw a abrupt descent. The growth pace was the most rapid in 2018 an increase of 256%. Over the period under review, the average export prices reached the maximum at $274,444 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($113,151 per unit), while the average price for exports to Yemen ($12,680 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 Iraq (+23.7%), while the prices for the other major destinations experienced mixed trend patterns.

Cranes; Tower Cranes Price in Oman (CIF) - 2022

The average cranes; tower cranes import price stood at $693,693 per unit in 2022, remaining constant against the previous year. Over the period under review, the import price recorded significant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 1,160%. Over the period under review, average import prices reached the maximum at $724,450 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Turkey ($6,074,073 per unit), while the price for Kuwait ($3,578 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+68.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranes; Tower Cranes Exports in Oman

Cranes; tower cranes exports from Oman declined significantly to 48 units in 2022, dropping by -47.8% against the previous year's figure. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 667% against the previous year. As a result, the exports attained the peak of 92 units, and then shrank significantly in the following year.

In value terms, cranes; tower cranes exports fell sharply to $2.8M in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 459% against the previous year. As a result, the exports reached the peak of $4.8M, and then declined markedly in the following year.

Top Export Markets for Cranes; Tower Cranes from Oman in 2022:

1. United Arab Emirates (44.0 units)
2. Saudi Arabia (2.0 units)
3. Yemen (1.0 units)
4. Iraq (1.0 units)

Cranes; Tower Cranes Imports in Oman

In 2022, overseas purchases of cranes; tower craneses were finally on the rise to reach 4 units after two years of decline. Overall, imports, however, recorded a dramatic decline. Over the period under review, imports reached the maximum at 24 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, cranes; tower cranes imports surged to $2.9M in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 171%. As a result, imports attained the peak of $3.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Cranes; Tower Cranes to Oman in 2022:

1. Kuwait (2.0 units)
2. United States (1.0 units)

Source: IndexBox Market Intelligence Platform