Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $1,732,830 per unit in 2022, reducing by -9.4% against the previous year. In general, the import price, however, posted significant growth. The growth pace was the most rapid in 2014 an increase of 420%. Over the period under review, average import prices reached the peak figure at $3,603,112 per unit in 2019; however, from 2020 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 the United States ($3,864,174 per unit), while the price for the UK ($683,137 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+529.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman (FOB) - 2022
In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $2,427,711 per unit, remaining constant against the previous year. Over the period under review, the export price, however, saw significant growth. The pace of growth was the most pronounced in 2018 an increase of 602%. The export price peaked at $3,421,127 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,096,183 per unit), while the average price for exports to the United Arab Emirates ($20,320 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 (+89.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman
Imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs into Oman was estimated at 15 units in 2022, leveling off at the previous year. Over the period under review, imports recorded a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked at 17 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs declined to $26M in 2022. In general, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 15%. Over the period under review, imports of hit record highs at $61M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 40.5 | 21.3 | 7.9 | 11.1 | -35.0% |
| Qatar | 2.7 | N/A | N/A | 8.8 | 48.3% |
| United States | 10.0 | 1.5 | N/A | 3.9 | -26.9% |
| Turkey | N/A | N/A | 4.7 | 1.5 | -68.1% |
| United Kingdom | N/A | 1.4 | N/A | 0.7 | -29.3% |
| Belgium | N/A | N/A | 13.5 | N/A | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 0.8 | 2.7 | N/A | 237.5% |
| Italy | 8.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 61.3 | 25.0 | 28.7 | 26.0 | -24.9% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Oman in 2022:
- Luxembourg (7.0 units)
- Qatar (4.0 units)
- Turkey (2.0 units)
- United States (1.0 units)
- United Kingdom (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman
For the fourth consecutive year, Oman recorded growth in shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, which increased by 40% to 7 units in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 increased by +75.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs soared to $17M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.3% 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 increased by +45.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.8 | 13.7 | 10.3 | 12.3 | 21.8% |
| Netherlands | N/A | N/A | N/A | 1.5 | 0% |
| United Kingdom | N/A | N/A | 1.1 | 1.2 | 9.1% |
| United Arab Emirates | 4.9 | N/A | 0.7 | N/A | -62.2% |
| Others | N/A | N/A | N/A | 2.0 | 0% |
| Total | 11.7 | 13.7 | 12.1 | 17.0 | 13.3% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Oman in 2022:
- United States (3.0 units)
- Netherlands (2.0 units)
- United Arab Emirates (1.0 units)
- United Kingdom (1.0 units)
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