Oman - Machines For Working Wire - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Oman - Machines For Working Wire - Market Analysis, Forecast, Size, Trends And Insights

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Working Wire Machine Price in Oman - 2021

Contents:

  1. Working Wire Machine Price in Oman (CIF) - 2022
  2. Working Wire Machine Price in Oman (FOB) - 2022
  3. Working Wire Machine Imports in Oman
  4. Working Wire Machine Exports in Oman

Working Wire Machine Price in Oman (CIF) - 2022

In 2022, the average working wire machine import price amounted to $31,203 per unit, rising by 1.8% against the previous year. In general, the import price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $51,263 per unit. From 2018 to 2022, the average 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 ($118,444 per unit), while the price for Thailand ($2,952 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Working Wire Machine Price in Oman (FOB) - 2022

The average working wire machine export price stood at $12,115 per unit in 2022, with an increase of 53% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 237% against the previous year. As a result, the export price attained the peak level of $47,665 per unit. From 2019 to 2022, the average 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 Yemen amounted to +20.6% per year.

Working Wire Machine Imports in Oman

In 2022, working wire machine imports into Oman surged to 72 units, increasing by 24% compared with 2021. Overall, imports, however, showed a noticeable descent. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of 106 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, working wire machine imports soared to $2.2M in 2022. In general, imports, however, saw a deep slump. Imports peaked at $3.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Working Wire Machine in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates29646336185442.4%
Denmark945632275322-30.2%
South Korea833337241282-30.3%
Turkey37.522310522080.4%
Italy466330146187-26.2%
Japan444286115135-32.8%
Thailand2.480.864.675.6215.8%
Qatar33.358.223.627.7-6.0%
Taiwan (Chinese)69.142.619.122.4-31.3%
United States32.224.912.116.9-19.3%
United Kingdom79.046.916.02.5-68.4%
Others467188401103-39.6%
Total3,7052,7131,7802,247-15.4%

Top Suppliers of Working Wire Machine to Oman in 2022:

  1. Thailand (26.0 units)
  2. United Arab Emirates (20.0 units)
  3. Italy (8.0 units)
  4. Turkey (3.0 units)
  5. Denmark (3.0 units)
  6. Qatar (2.0 units)
  7. Taiwan (Chinese) (2.0 units)
  8. South Korea (2.0 units)
  9. United States (1.0 units)
  10. Japan (1.0 units)

Working Wire Machine Exports in Oman

In 2022, approx. 1 units of machines for working wire were exported from Oman; stabilizing at the previous year. Over the period under review, exports saw a dramatic slump. The smallest decline of -42.9% was in 2020. The exports peaked at 7 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, working wire machine exports soared to $17K in 2022. Overall, exports saw a precipitous shrinkage. Over the period under review, the exports reached the maximum at $287K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Working Wire Machine in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates13.51.33.317.48.8%
Denmark273N/AN/AN/A0%
YemenN/A22.28.1N/A-63.5%
OthersN/AN/AN/AN/A0%
Total28723.511.317.4-60.7%

Top Export Markets for Working Wire Machine from Oman in 2022:

  1. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the working wire machine market 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 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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