Report Oman - Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Oman - Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights
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Oman: Boring Machinery Market 2022

Boring Machinery Market Size in Oman

The Omani boring machinery market expanded modestly to $X in 2021, rising by X% against the previous year. Over the period under review, consumption showed a strong expansion. Boring machinery consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Boring Machinery Production in Oman

In value terms, boring machinery production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Boring machinery production peaked at $X in 2020, and then contracted slightly in the following year.

Boring Machinery Exports

Exports from Oman

In 2021, approx. X units of boring or sinking machinery were exported from Oman; with an increase of X% on the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, boring machinery exports fell modestly to $X in 2021. In general, exports, however, saw a slight downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for boring machinery exports from Oman, with a X% share of total exports. It was followed by Iran (X units), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (-X% per year) and Yemen (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for boring machinery exports from Oman, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+X% per year) and Yemen (X% per year).

Export Prices by Country

The average boring machinery export price stood at $X per unit in 2021, which is down by -X% against the previous year. In general, the export price showed a mild shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably countrydestination: the country with the highest price was Iran ($X per unit), while the average price for exports to Yemen ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Boring Machinery Imports

Imports into Oman

In 2021, imports of boring or sinking machinery into Oman rose sharply to X units, surging by X% against 2020. In general, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, boring machinery imports rose remarkably to $X in 2021. Overall, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

Singapore (X units), the United Arab Emirates (X units) and Free Zones (X units) were the main suppliers of boring machinery imports to Oman, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Free Zones (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of boring machinery to Oman, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2021, the average boring machinery import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price posted temperate growth. The growth pace was the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was China ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for boring or sinking machinery in the world?
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The countries with the highest volumes of consumption in 2021 were South Korea, China and Spain, with a combined 50% share of global consumption. These countries were followed by Japan, South Africa, Germany, Italy, Romania, Norway, France, Thailand, Syrian Arab Republic and Saudi Arabia, which together accounted for a further 27%.
What are the largest producers of boring or sinking machinery in the world?
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The countries with the highest volumes of production in 2021 were South Korea, China and Spain, with a combined 50% share of global production. Italy, Japan, Germany, South Africa, Romania, Thailand, the Netherlands, Norway, Saudi Arabia and Turkey lagged somewhat behind, together accounting for a further 32%.
What are the leading suppliers of boring or sinking machinery to Oman?
+
In value terms, China constituted the largest supplier of boring machinery to Oman, comprising 68% of total imports. The second position in the ranking was held by Singapore, with a 10% share of total imports. It was followed by South Korea, with a 2.7% share.
What are the leading importers of boring or sinking machinery from Oman?
+
In value terms, Saudi Arabia remains the key foreign market for boring machinery exports from Oman, comprising 87% of total exports. The second position in the ranking was held by Iran, with a 2.9% share of total exports.
What is the average export price for boring or sinking machinery in Oman?
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The average boring machinery export price stood at $1.6 per unit in 2021, waning by -19.9% against the previous year.
What is the average import price for boring or sinking machinery in Oman?
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In 2021, the average boring machinery import price amounted to $11 per unit, growing by 3.3% against the previous year.

This report provides an in-depth analysis of the boring machinery 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 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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