Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Oman - 2022

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman (CIF) - 2022
  2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman (FOB) - 2022
  3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman
  4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman (CIF) - 2022

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $27,841 per unit in 2022, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22%. As a result, import price reached the peak level of $30,435 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($30,475 per unit), while the price for Qatar ($2,213 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $6,593 per unit, dropping by -17.5% against the previous year. Over the period under review, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2020 an increase of 206% against the previous year. As a result, the export price reached the peak level of $26,683 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($10,154 per unit), while the average price for exports to Qatar ($2,601 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 Iran (+7.0%), while the prices for the other major destinations experienced a decline.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman

In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion into Oman soared to 56 units, growing by 195% compared with the previous year's figure. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion soared to $1.6M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4201,1203991,31046.1%
ChinaN/A46.1N/A10651.6%
IndiaN/AN/AN/A80.00%
Kuwait7.98.24.643.877.0%
JapanN/AN/AN/A16.70%
QatarN/AN/AN/A2.20%
Others14.32.248.3N/A83.8%
Total4431,1774521,55952.1%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Oman in 2022:

  1. United Arab Emirates (43.0 units)
  2. Kuwait (4.0 units)
  3. China (4.0 units)
  4. India (3.0 units)
  5. Qatar (1.0 units)
  6. Japan (1.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman

After three years of growth, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -57.1% to 6 units in 2022. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 100%. As a result, the exports attained the peak of 14 units, and then dropped dramatically in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced markedly to $40K in 2022. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 206%. As a result, the exports reached the peak of $187K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KuwaitN/AN/AN/A20.30%
United Arab EmiratesN/A2.02.516.6188.1%
Qatar5.31.9N/A2.6-21.1%
TanzaniaN/AN/A5.8N/A0%
Iran55.841.7N/AN/A-25.3%
Saudi ArabiaN/AN/A104N/A0%
OthersN/A141N/AN/A0%
Total61.118711239.6-13.5%

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Oman in 2022:

  1. United Arab Emirates (3.0 units)
  2. Kuwait (2.0 units)
  3. Qatar (1.0 units)

Source: IndexBox Market Intelligence Platform

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