Oman - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Oman - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights

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Heat Pump Price in Oman - 2021

Contents:

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

Heat Pump Price in Oman (CIF) - 2022

The average heat pump import price stood at $933 per unit in 2022, with a decrease of -13.1% against the previous year. In general, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of 36% against the previous year. The import price peaked at $1,391 per unit in 2012; however, from 2013 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 Ireland ($2,936 per unit), while the price for France ($162 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+2.1%), while the prices for the other major suppliers experienced a decline.

Heat Pump Price in Oman (FOB) - 2022

In 2022, the average heat pump export price amounted to $1,340 per unit, growing by 11% against the previous year. Overall, export price indicated noticeable 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. Based on 2022 figures, heat pump export price increased by +44.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 73%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4,238 per unit), while the average price for exports to Tanzania ($84 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 (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.

Heat Pump Imports in Oman

In 2022, the amount of heat pumps other than air conditioning machines imported into Oman dropped sharply to 1.8K units, which is down by -57.7% compared with 2021. In general, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. Imports peaked at 4.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, heat pump imports contracted markedly to $1.6M in 2022. Overall, imports saw a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 51%. Imports peaked at $5.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Heat Pump in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,9368711,315500-36.3%
Jordan9017511,118357-26.6%
Ireland743459639191-36.4%
Spain16.518.074.212495.9%
Germany76.790.016461.9-6.9%
France70.42795.845.9-13.3%
Italy1,01746.956341.2-65.7%
India6.312.526.231.871.5%
Malaysia99.779.622.325.1-36.9%
Others500353535262-19.4%
Total5,3662,9614,4631,640-32.6%

Top Suppliers of Heat Pump to Oman in 2022:

  1. United Arab Emirates (729.0 units)
  2. Jordan (310.0 units)
  3. France (283.0 units)
  4. Germany (102.0 units)
  5. Spain (71.0 units)
  6. Ireland (65.0 units)
  7. Malaysia (42.0 units)
  8. Italy (30.0 units)
  9. India (30.0 units)

Heat Pump Exports in Oman

In 2022, heat pump exports from Oman declined slightly to 68 units, dropping by -4.2% against 2021 figures. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. The exports peaked at 80 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, heat pump exports rose markedly to $91K in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 110% against the previous year. Over the period under review, the exports hit record highs at $94K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Heat Pump in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar73.118.348.355.1-9.0%
United Arab Emirates0.622.431.335.7290.4%
Tanzania0.20.20.30.314.5%
Bangladesh19.7N/AN/AN/A0%
YemenN/AN/A6.0N/A0%
Others0.1N/AN/AN/A0%
Total93.740.885.891.1-0.9%

Top Export Markets for Heat Pump from Oman in 2022:

  1. United Arab Emirates (51.0 units)
  2. Qatar (13.0 units)
  3. Tanzania (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the heat pump 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 28251380 - Heat pumps other than air conditioning machines of HS

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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