Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $36,884 per ton, rising by 6.6% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines and mechanical appliances; parts, of those having individual functionses increased by +58.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($107,579 per ton), while the price for India ($10,080 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman (FOB) - 2022
In 2022, the average export price for machines and mechanical appliances; parts, of those having individual functionses amounted to $16,729 per ton, declining by -6.8% against the previous year. Overall, the export price recorded a pronounced setback. The pace of growth was the most pronounced in 2018 an increase of 44%. Over the period under review, the average export prices reached the maximum at $20,761 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($102,373 per ton), while the average price for exports to Yemen ($3,185 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman
In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses imported into Oman rose slightly to 487 tons, with an increase of 2.4% against the previous year. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses expanded significantly to $18M in 2022. Overall, imports, however, showed a slight setback. The pace of growth was the most pronounced in 2020 with an increase of 41%. As a result, imports reached the peak of $27M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.2 | 9.6 | 7.5 | 5.8 | -7.0% |
| China | 0.3 | 0.1 | 0.3 | 2.2 | 94.3% |
| Qatar | 3.2 | 3.3 | 2.6 | 1.8 | -17.5% |
| United States | 1.0 | 2.6 | 1.0 | 1.4 | 11.9% |
| Turkey | 0.3 | 2.5 | 0.6 | 0.8 | 38.7% |
| Italy | 0.7 | 0.7 | 0.4 | 0.8 | 4.6% |
| Singapore | 0.1 | 0.8 | 0.2 | 0.6 | 81.7% |
| Germany | 0.8 | 1.1 | 0.6 | 0.6 | -9.1% |
| India | 0.6 | 1.1 | 0.5 | 0.5 | -5.9% |
| Netherlands | 0.9 | 0.5 | 0.2 | 0.4 | -23.7% |
| Canada | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Spain | N/A | 1.2 | 0.4 | 0.1 | -71.1% |
| Others | 3.8 | 3.0 | 2.1 | 2.7 | -10.8% |
| Total | 18.9 | 26.6 | 16.5 | 18.0 | -1.6% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Oman in 2022:
- United Arab Emirates (199.4 tons)
- India (53.2 tons)
- China (49.1 tons)
- Qatar (29.4 tons)
- Turkey (24.7 tons)
- Singapore (16.9 tons)
- Italy (15.6 tons)
- Netherlands (14.7 tons)
- United States (13.1 tons)
- Germany (11.5 tons)
- Spain (8.6 tons)
- Canada (8.3 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman
In 2022, overseas shipments of machines and mechanical appliances; parts, of those having individual functionses decreased by -7.1% to 165 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 198 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses reduced to $2.8M in 2022. Overall, exports recorded a abrupt descent. The smallest decline of -1.4% was in 2021.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 164 | 26.9 | 1,528 | 1,071 | 86.9% |
| United Arab Emirates | 754 | 460 | 187 | 569 | -9.0% |
| Djibouti | N/A | N/A | N/A | 399 | 0% |
| Yemen | N/A | 45.3 | 453 | 186 | 102.6% |
| Qatar | 415 | 414 | 158 | 84.3 | -41.2% |
| Saudi Arabia | 102 | 323 | 10.3 | 64.2 | -14.3% |
| Free Zones | N/A | 1,360 | 369 | 17.3 | -88.7% |
| Kuwait | 57.1 | 181 | 43.2 | 16.9 | -33.4% |
| Others | 1,878 | 423 | 440 | 353 | -42.7% |
| Total | 3,369 | 3,233 | 3,189 | 2,761 | -6.4% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Oman in 2022:
- Yemen (58.3 tons)
- United Arab Emirates (37.4 tons)
- Djibouti (34.1 tons)
- United Kingdom (10.5 tons)
- Qatar (6.0 tons)
- Saudi Arabia (3.1 tons)
- Kuwait (2.8 tons)
- Free Zones (0.5 tons)
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