Oman: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in Oman

The Omani motorcycle and scooter market amounted to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption saw a prominent increase. Motorcycle and scooter consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Motorcycle And Scooter Production in Oman

In value terms, motorcycle and scooter production expanded remarkably to $X in 2022 estimated in export price. Overall, production showed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Motorcycle And Scooter Exports

Exports from Oman

For the third consecutive year, Oman recorded growth in overseas shipments of motorcycles and scooters, which increased by X% to X units in 2022. In general, exports, however, faced a sharp slump. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, motorcycle and scooter exports soared to $X in 2022. Over the period under review, exports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for motorcycle and scooter exports from Oman, with a X% share of total exports. Moreover, motorcycle and scooter exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X units), fivefold. China (X units) ranked third in terms of total exports with a X% share.

From 2015 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: Saudi Arabia (X% per year) and China (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for motorcycles and scooters exports from Oman, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

From 2015 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 Spain (X% per year).

Export Prices by Country

The average motorcycle and scooter export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per unit in 2021, and then dropped markedly in the following year.

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 Spain ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X.1%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Scooter Imports

Imports into Oman

For the third year in a row, Oman recorded growth in purchases abroad of motorcycles and scooters, which increased by X% to X units in 2022. Over the period under review, imports, however, showed a abrupt curtailment. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, motorcycle and scooter imports totaled $X in 2022. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of motorcycle and scooter to Oman, with a X% share of total imports. Moreover, motorcycle and scooter imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was held by Pakistan (X units), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Pakistan (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of motorcycles and scooters to Oman, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average motorcycle and scooter import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2021, and then reduced in the following year.

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 ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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