Oman - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Oman - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights

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Petroleum-Engine Cargo Trucks Price in Oman - 2021

Contents:

  1. Petroleum-Engine Cargo Trucks Price in Oman (CIF) - 2022
  2. Petroleum-Engine Cargo Trucks Price in Oman (FOB) - 2022
  3. Petroleum-Engine Cargo Trucks Imports in Oman
  4. Petroleum-Engine Cargo Trucks Exports in Oman

Petroleum-Engine Cargo Trucks Price in Oman (CIF) - 2022

The average petroleum-engine cargo trucks import price stood at $23,181 per unit in 2022, waning by -8.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22%. The import price peaked at $25,337 per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($32,632 per unit), while the price for Qatar ($6,090 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Petroleum-Engine Cargo Trucks Price in Oman (FOB) - 2022

In 2022, the average petroleum-engine cargo trucks export price amounted to $23,186 per unit, declining by -2.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 20%. The export price peaked at $24,261 per unit in 2015; however, from 2016 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 the United Arab Emirates ($28,840 per unit), while the average price for exports to Yemen ($10,074 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 the United Arab Emirates (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Petroleum-Engine Cargo Trucks Imports in Oman

Petroleum-engine cargo trucks imports into Oman dropped significantly to 3.7K units in 2022, declining by -71.2% on the previous year. Overall, imports faced a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of 13K units, and then shrank markedly in the following year.

In value terms, petroleum-engine cargo trucks imports declined markedly to $86M in 2022. In general, imports saw a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, imports attained the peak of $326M, and then reduced remarkably in the following year.

Import of Petroleum-Engine Cargo Trucks in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand11.714222156.969.4%
Japan1039.124.310.2-53.7%
United States6.37.525.04.9-8.0%
United Arab Emirates4.39.315.54.0-2.4%
Jordan0.51.610.82.877.6%
Germany9.110.78.42.2-37.7%
Qatar1.32.62.40.6-22.7%
Free Zones66.8N/AN/AN/A0%
Others7.410.718.24.4-15.9%
Total21019332685.9-25.8%

Top Suppliers of Petroleum-Engine Cargo Trucks to Oman in 2022:

  1. Thailand (2221.0 units)
  2. Japan (466.0 units)
  3. United Arab Emirates (320.0 units)
  4. United States (219.0 units)
  5. Jordan (109.0 units)
  6. Qatar (101.0 units)
  7. Germany (74.0 units)

Petroleum-Engine Cargo Trucks Exports in Oman

For the fourth year in a row, Oman recorded growth in overseas shipments of goods vehicles, with spark-ignition internal combustion piston engine, which increased by 2.8% to 8.9K units in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 170%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, petroleum-engine cargo trucks exports amounted to $206M in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 220% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Petroleum-Engine Cargo Trucks in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates35.614414515764.0%
Yemen4.17.119.521.272.9%
Saudi Arabia6.53.515.416.737.0%
Iraq0.31.40.63.4124.6%
Others5.19.925.27.513.7%
Total51.716620620658.5%

Top Export Markets for Petroleum-Engine Cargo Trucks from Oman in 2022:

  1. United Arab Emirates (5.5K units)
  2. Yemen (2.1K units)
  3. Saudi Arabia (0.7K units)
  4. Iraq (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new

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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