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Report Oman - Motor Boats and Motor Yachts, for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Oct 17, 2022

Oman - Motor Boats and Motor Yachts, for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights
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Oman: Motor Boat Market 2022

Motor Boat Market Size in Oman

The Omani motor boat market skyrocketed to $X in 2021, with an increase of 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). Over the period under review, consumption showed a relatively flat trend pattern. Motor boat consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Motor Boat Exports

Exports from Oman

In 2019, after three years of decline, there was decline in overseas shipments of motor boats and motor yachts, for pleasure or sports, when their volume decreased by X% to X units. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X units. From 2014 to 2019, the growth of the exports remained at a lower figure.

In value terms, motor boat exports declined dramatically to $X in 2019. Overall, exports showed a significant contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

Qatar (X units) was the main destination for motor boat exports from Oman, with a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Qatar amounted to -X%.

In value terms, Qatar ($X) also remains the key foreign market for motor boat exports from Oman.

From 2012 to 2019, the average annual growth rate of value to Qatar amounted to +X%.

Export Prices by Country

In 2019, the average motor boat export price amounted to $X per unit, with a decrease of -X% against the previous year. Over the period under review, the export price faced a abrupt descent. The growth pace was the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2019, the export prices failed to regain momentum.

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

From 2012 to 2019, the rate of growth in terms of prices for Qatar amounted to -X% per year.

Motor Boat Imports

Imports into Oman

In 2021, overseas purchases of motor boats and motor yachts, for pleasure or sports decreased by X% to X units, falling for the second consecutive year after three years of growth. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, motor boat imports surged to $X in 2021. In general, imports posted a pronounced increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), Italy (X units) and Kuwait (X units) were the main suppliers of motor boat imports to Oman, with a combined X% share of total imports.

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

In value terms, Italy ($X) constituted the largest supplier of motor boat to Oman, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Kuwait (+X% per year).

Import Prices by Country

The average motor boat import price stood at $X per unit in 2021, increasing by X% against the previous year. In general, the import price showed a remarkable increase. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for motor boats and motor yachts, for pleasure or sports in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, with a combined 32% share of global consumption. These countries were followed by India, Japan, Nigeria, Brazil, Indonesia, the UK, Pakistan, Canada, Germany and Mexico, which together accounted for a further 29%.

What are the largest producers of motor boats and motor yachts, for pleasure or sports in the world?

The countries with the highest volumes of production in 2021 were China, the United States and Mexico, with a combined 35% share of global production.

What are the leading suppliers of motor boats and motor yachts, for pleasure or sports to Oman?

In value terms, Italy constituted the largest supplier of motor boat to Oman, comprising 73% of total imports. The second position in the ranking was held by the United Arab Emirates, with a 13% share of total imports. It was followed by Kuwait, with a 2.3% share.

What are the leading importers of motor boats and motor yachts, for pleasure or sports from Oman?

In value terms, Qatar remains the key foreign market for motor boat exports from Oman.

What is the average export price for motor boats and motor yachts, for pleasure or sports in Oman?

In 2019, the average motor boat export price amounted to $4,946 per unit, falling by -75.4% against the previous year.

What is the average import price for motor boats and motor yachts, for pleasure or sports in Oman?

In 2021, the average motor boat import price amounted to $53,029 per unit, increasing by 40% against the previous year.

This report provides an in-depth analysis of the motor boat 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 30121930 - Motor boats and motor yachts, for pleasure or sports (excluding outboard motor boats)

Country coverage:

• Oman

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

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance