Oman - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFork-Lift Truck Price in Oman - 2021
Contents:
- Fork-Lift Truck Price in Oman (CIF) - 2022
- Fork-Lift Truck Price in Oman (FOB) - 2022
- Fork-Lift Truck Imports in Oman
- Fork-Lift Truck Exports in Oman
Fork-Lift Truck Price in Oman (CIF) - 2022
The average fork-lift truck import price stood at $9,995 per unit in 2022, jumping by 24% against the previous year. In general, the import price, however, showed a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 43%. Over the period under review, average import prices hit record highs at $23,387 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($25,837 per unit), while the price for Pakistan ($2,489 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Fork-Lift Truck Price in Oman (FOB) - 2022
The average fork-lift truck export price stood at $11,571 per unit in 2022, rising by 8.9% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 72%. The export price peaked at $14,408 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 Iran ($26,429 per unit), while the average price for exports to Sudan ($2,248 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 Yemen (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.
Fork-Lift Truck Imports in Oman
Fork-lift truck imports into Oman shrank notably to 1.8K units in 2022, waning by -15.7% compared with 2021. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports reached the peak of 2.2K units, and then reduced remarkably in the following year.
In value terms, fork-lift truck imports expanded slightly to $18M in 2022. Over the period under review, imports showed a deep contraction. Imports peaked at $28M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Fork-Lift Truck in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 3.0 | 4.2 | 3.7 | -7.0% |
| United Arab Emirates | 4.4 | 2.4 | 2.8 | 2.9 | -13.0% |
| Malaysia | 1.8 | 1.6 | 2.0 | 2.0 | 3.6% |
| Japan | 2.7 | 2.2 | 1.5 | 1.6 | -16.0% |
| United Kingdom | 3.4 | 1.0 | 0.5 | 1.4 | -25.6% |
| Pakistan | 0.3 | 0.5 | 0.6 | 0.7 | 32.6% |
| Kuwait | N/A | 0.6 | 0.6 | 0.6 | 0.0% |
| Italy | 1.5 | 0.2 | 1.0 | 0.4 | -35.6% |
| Sweden | 0.9 | 0.4 | 0.1 | 0.3 | -30.7% |
| Others | 8.0 | 7.2 | 4.1 | 4.6 | -16.8% |
| Total | 27.6 | 19.1 | 17.4 | 18.3 | -12.8% |
Top Suppliers of Fork-Lift Truck to Oman in 2022:
- China (333.0 units)
- Japan (302.0 units)
- Pakistan (287.0 units)
- United Arab Emirates (280.0 units)
- United Kingdom (101.0 units)
- Malaysia (79.0 units)
- Kuwait (79.0 units)
- Italy (35.0 units)
- Sweden (31.0 units)
Fork-Lift Truck Exports in Oman
In 2022, the amount of fork-lift trucks exported from Oman skyrocketed to 251 units, with an increase of 20% on 2021. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. As a result, the exports reached the peak of 321 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, fork-lift truck exports skyrocketed to $2.9M in 2022. In general, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.8% against 2020 indices. The exports peaked at $3.6M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Fork-Lift Truck in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,124 | 739 | 1,038 | 1,134 | 0.3% |
| Qatar | 584 | 864 | 357 | 617 | 1.8% |
| Yemen | 118 | 628 | 173 | 490 | 60.7% |
| Iran | 75.4 | 46.8 | 110 | 185 | 34.9% |
| India | 44.4 | 44.3 | 89.8 | 117 | 38.1% |
| Iraq | 99.3 | 541 | 98.3 | 104 | 1.6% |
| Sudan | 104 | 65.0 | 65.4 | 60.7 | -16.4% |
| Saudi Arabia | 415 | 217 | 5.1 | 55.2 | -49.0% |
| Others | 199 | 432 | 296 | 140 | -11.1% |
| Total | 2,764 | 3,576 | 2,232 | 2,904 | 1.7% |
Top Export Markets for Fork-Lift Truck from Oman in 2022:
- Qatar (57.0 units)
- United Arab Emirates (51.0 units)
- Iraq (46.0 units)
- India (33.0 units)
- Sudan (27.0 units)
- Yemen (19.0 units)
- Iran (7.0 units)
- Saudi Arabia (2.0 units)
This report provides an in-depth analysis of the fork-lift truck 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 28221513 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height . 1 m
- Prodcom 28221515 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height < 1 m
- Prodcom 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
- Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
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
-
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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