Price for Steam and Other Vapour Turbines, for Marine Propulsion in Oman - 2022

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Oman (CIF) - 2022
  2. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Oman (FOB) - 2022
  3. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Oman
  4. Exports of Steam and Other Vapour Turbines, for Marine Propulsion in Oman

Price for Steam and Other Vapour Turbines, for Marine Propulsion in Oman (CIF) - 2022

The average import price for steam and other vapour turbines, for marine propulsia stood at $5 per unit in 2022, declining by 99.9% against the previous year. Overall, the import price saw a dramatic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,401%. As a result, import price attained the peak level of $3,208,910 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +12.4% per year.

Price for Steam and Other Vapour Turbines, for Marine Propulsion in Oman (FOB) - 2022

In 2022, the average export price for steam and other vapour turbines, for marine propulsia amounted to $18,300 per unit, reducing by -35% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 233%. The export price peaked at $52,588 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.0% per year.

Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Oman

In 2022, purchases abroad of steam and other vapour turbines, for marine propulsia decreased by -83.3% to 1 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of 6 units, and then reduced rapidly in the following year.

In value terms, imports of steam and other vapour turbines, for marine propulsia shrank markedly to $5 in 2022. In general, imports continue to indicate a dramatic curtailment. The smallest decline of -7.3% was in 2021. Imports peaked at $3.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,9902,6082,469N/A11.4%
United Kingdom77.219.917.7N/A-52.1%
United Arab Emirates41.311.21.3N/A-82.3%
QatarN/AN/AN/AN/A0%
United States1,114237178N/A-60.0%
OthersN/AN/AN/AN/A0%
Total3,2232,8762,666N/A-9.1%

Top Suppliers of Steam and Other Vapour Turbines, for Marine Propulsion to Oman in 2022:

  1. United Arab Emirates (1.0 units)

Exports of Steam and Other Vapour Turbines, for Marine Propulsion in Oman

In 2022, approx. 1 units of steam and other vapour turbines, for marine propulsia were exported from Oman; therefore, remained relatively stable against the previous year. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of steam and other vapour turbines, for marine propulsia reduced notably to $18K in 2022. Over the period under review, exports recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 233%. As a result, the exports reached the peak of $28K, and then shrank markedly in the following year.

Export of Steam and Other Vapour Turbines, for Marine Propulsion in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates15.68.528.118.35.5%
OthersN/AN/AN/AN/A0%
Total15.68.528.118.35.5%

Top Export Markets for Steam and Other Vapour Turbines, for Marine Propulsion from Oman in 2022:

  1. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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