Oman - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Mechanical Shovel and Excavator in Oman - 2021
Contents:
- Price for Mechanical Shovel and Excavator in Oman (CIF) - 2022
- Price for Mechanical Shovel and Excavator in Oman (FOB) - 2022
- Imports of Mechanical Shovel and Excavator in Oman
- Exports of Mechanical Shovel and Excavator in Oman
Price for Mechanical Shovel and Excavator in Oman (CIF) - 2022
In 2022, the average mechanical shovel and excavator import price amounted to $59,629 per unit, with a decrease of -4% against the previous year. Over the period under review, the import price recorded a slight slump. The growth pace was the most rapid in 2018 when the average import price increased by 11%. The import price peaked at $67,640 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 South Korea ($557,713 per unit), while the price for Saudi Arabia ($329 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mechanical Shovel and Excavator in Oman (FOB) - 2022
In 2022, the average mechanical shovel and excavator export price amounted to $45,476 per unit, waning by -6.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 84% against the previous year. As a result, the export price attained the peak level of $92,042 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($430,669 per unit), while the average price for exports to Bahrain ($463 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 Somalia (+113.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mechanical Shovel and Excavator in Oman
In 2022, approx. 843 units of mechanical shovels, excavators and shovel loaders were imported into Oman; falling by -9.9% on 2021. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 25%. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, mechanical shovel and excavator imports declined to $50M in 2022. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs at $65M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Mechanical Shovel and Excavator in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.0 | 8.6 | 11.6 | 11.7 | 43.0% |
| South Korea | 13.6 | 9.1 | 14.6 | 9.5 | -11.3% |
| United Arab Emirates | 22.2 | 6.9 | 7.1 | 7.3 | -31.0% |
| China | 4.3 | 2.3 | 6.8 | 6.9 | 17.1% |
| Qatar | 1.1 | 2.2 | 0.8 | 4.0 | 53.8% |
| India | 1.1 | 1.0 | 1.8 | 1.2 | 2.9% |
| United Kingdom | 2.8 | 3.1 | 3.3 | 0.6 | -40.2% |
| Czech Republic | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
| Saudi Arabia | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Others | 15.3 | 8.5 | 11.7 | 8.6 | -17.5% |
| Total | 65.3 | 42.4 | 58.2 | 50.3 | -8.3% |
Top Suppliers of Mechanical Shovel and Excavator to Oman in 2022:
- Saudi Arabia (458.0 units)
- China (115.0 units)
- United Arab Emirates (75.0 units)
- Japan (31.0 units)
- Qatar (28.0 units)
- South Korea (17.0 units)
- Czech Republic (15.0 units)
- India (15.0 units)
- United Kingdom (6.0 units)
Exports of Mechanical Shovel and Excavator in Oman
Mechanical shovel and excavator exports from Oman surged to 801 units in 2022, rising by 20% against 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. As a result, the exports reached the peak of 826 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, mechanical shovel and excavator exports rose markedly to $36M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 77% against the previous year. As a result, the exports attained the peak of $40M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Mechanical Shovel and Excavator in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 13.5 | 16.5 | 10.8 | 14.0 | 1.2% |
| Iran | 2.7 | 12.3 | 11.4 | 12.1 | 64.9% |
| Yemen | 0.9 | 2.6 | 3.0 | 2.6 | 42.4% |
| South Africa | 0.1 | 0.4 | 1.4 | 1.6 | 152.0% |
| Bahrain | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Others | 5.3 | 8.2 | 5.7 | 5.9 | 3.6% |
| Total | 22.8 | 40.3 | 32.6 | 36.4 | 16.9% |
Top Export Markets for Mechanical Shovel and Excavator from Oman in 2022:
- Bahrain (620.0 units)
- United Arab Emirates (62.0 units)
- South Africa (33.0 units)
- Iran (28.0 units)
- Yemen (27.0 units)
This report provides an in-depth analysis of the market for mechanical shovel and excavator 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 28922530 - Loaders specially designed for underground use
- Prodcom 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
- Prodcom 28922600 - Self-propelled bulldozers... with a .360
- Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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