Oman: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Oman

The Omani meat-preparation industrial machinery market reduced to $X in 2022, falling by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted measured growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Meat-Preparation Industrial Machinery Exports

Exports from Oman

In 2022, shipments abroad of industrial machinery for the preparation of meat or poultry decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, meat-preparation industrial machinery exports contracted notably to $X in 2022. Overall, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for meat-preparation industrial machinery exports from Oman, with a X% share of total exports. Moreover, meat-preparation industrial machinery exports to the United Arab Emirates exceeded the volume sent to the second major destination, Tanzania (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Saudi Arabia (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for industrial machinery for the preparation of meat or poultry exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Tanzania (X% per year).

Export Prices by Country

The average meat-preparation industrial machinery export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Tanzania ($X 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 India (X%), while the prices for the other major destinations experienced mixed trend patterns.

Meat-Preparation Industrial Machinery Imports

Imports into Oman

In 2022, meat-preparation industrial machinery imports into Oman shrank to X units, which is down by X% compared with the previous year's figure. In general, imports, however, recorded perceptible growth. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, meat-preparation industrial machinery imports reduced to $X in 2022. Overall, imports, however, recorded prominent growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

France (X units), the Netherlands (X units) and the UK (X units) were the main suppliers of meat-preparation industrial machinery imports to Oman, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of industrial machinery for the preparation of meat or poultry to Oman, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average meat-preparation industrial machinery import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price, however, recorded a mild expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X 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 Arab Emirates ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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