Oman - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Oman - Motorcycles and Bicycles - Market Analysis, Forecast, Size, Trends And Insights

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Motorcycle and Bicycle Price in Oman - 2021

Contents:

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

Motorcycle and Bicycle Price in Oman (CIF) - 2022

The average motorcycle and bicycle import price stood at $68 per unit in 2021, with an increase of 54% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 157%. As a result, import price attained the peak level of $1,064 per unit. From 2018 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($159 per unit), while the price for China amounted to $46 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.6%).

Motorcycle and Bicycle Price in Oman (FOB) - 2022

In 2021, the average motorcycle and bicycle export price amounted to $822 per unit, surging by 48% against the previous year. In general, the export price, however, saw a significant decline. Over the period under review, the average export prices reached the maximum at $6,195 per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,053 per unit), while the average price for exports to Yemen ($21 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle and Bicycle Imports in Oman

In 2022, approx. 192K units of motorcycles and bicycles were imported into Oman; increasing by 17% against 2021 figures. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 955%. As a result, imports reached the peak of 220K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, motorcycle and bicycle imports declined to $10M in 2022. The total import value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30%. Over the period under review, imports hit record highs at $11M in 2021, and then declined in the following year.

Import of Motorcycle and Bicycle in Oman (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China2.13.24.546.4%
United Arab Emirates2.22.64.339.8%
Tanzania1.11.4N/A27.3%
Others2.02.62.24.9%
Total7.59.711.222.2%

Top Suppliers of Motorcycle and Bicycle to Oman in 2022:

  1. Tanzania (undefinedK units)
  2. China (97.9K units)
  3. United Arab Emirates (27.4K units)

Motorcycle and Bicycle Exports in Oman

After three years of growth, overseas shipments of motorcycles and bicycles decreased by -14.1% to 1.5K units in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 72%. Over the period under review, the exports reached the peak figure at 1.7K units in 2021, and then shrank in the following year.

In value terms, motorcycle and bicycle exports dropped markedly to $1M in 2022. Overall, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 106% against the previous year. As a result, the exports reached the peak of $1.4M, and then reduced dramatically in the following year.

Export of Motorcycle and Bicycle in Oman (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Iran9.96.1589671.3%
United Arab Emirates5.59.7315656.8%
Qatar10113723050.9%
Somalia1.14.056.0613.5%
Yemen5.515.89.732.8%
Cote d'IvoireN/AN/A7.80%
KuwaitN/A0.14.24100.0%
Tanzania6.8217N/A3091.2%
Others626284180-46.4%
Total7566741,39035.6%

Top Export Markets for Motorcycle and Bicycle from Oman in 2022:

  1. Iran (1670.0 units)
  2. Yemen (456.0 units)
  3. Qatar (423.0 units)
  4. United Arab Emirates (299.0 units)
  5. Somalia (224.0 units)
  6. Cote d'Ivoire (98.0 units)
  7. Kuwait (71.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motorcycle and bicycle 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 30911100 - Motorcycles, and cycles fitted with an auxiliary motor, with an engine capacity . .50 cm.
  • Prodcom 30911200 - Motorcycles with reciprocating internal combustion piston engine > .50 cm.
  • Prodcom 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
  • Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised

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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