GCC: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2025

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in GCC

The GCC market for diesel engines (other than for motor vehicles and aircraft) rose significantly to $X in 2022, with an increase of 14% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +39.5% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Diesel Engines (Other Than For Motor Vehicles And Aircraft) in GCC

In value terms, production of diesel engines (other than for motor vehicles and aircraft) fell rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a temperate increase. The pace of growth appeared the most rapid in 2021 with an increase of 20,205,130,200%. Over the period under review, production of reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports in GCC

Exports of diesel engines (other than for motor vehicles and aircraft) skyrocketed to X units in 2022, increasing by 465% on the year before. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 5,421% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) soared to $X in 2022. Over the period under review, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in aircraft) structure, reaching X units, which was near 95% of total exports in 2022. The following exporters - Bahrain (X units) and Kuwait (X units) - each resulted at a 4.8% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the diesel engines (other than for motor vehicles and aircraft) exports, with a CAGR of +27.4% from 2012 to 2022. At the same time, Kuwait (+18.0%) displayed positive paces of growth. Bahrain experienced a relatively flat trend pattern. While the share of the United Arab Emirates (+24 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bahrain (-20.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest diesel engines (other than for motor vehicles and aircraft) supplier in GCC, comprising 97% of total exports. The second position in the ranking was held by Kuwait ($X), with a 0.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled +30.9%. In the other countries, the average annual rates were as follows: Kuwait (+21.6% per year) and Bahrain (-1.2% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, picking up by 53% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2021 when the export price increased by 2,319% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+3.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports in GCC

In 2022, imports of diesel engines (other than for motor vehicles and aircraft) in GCC skyrocketed to X units, with an increase of 32% on 2021 figures. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2019 when imports increased by 62% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) soared to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when imports increased by 61%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

The United Arab Emirates was the key importer of diesel engines (other than for motor vehicles and aircraft) in GCC, with the volume of imports resulting at X units, which was near 64% of total imports in 2022. It was distantly followed by Saudi Arabia (X units), mixing up a 31% share of total imports. Oman (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to diesel engines (other than for motor vehicles and aircraft) imports into the United Arab Emirates stood at +10.6%. At the same time, Oman (+26.6%) and Saudi Arabia (+6.6%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of +26.6% from 2012-2022. While the share of the United Arab Emirates (+7.9 p.p.) and Oman (+2.4 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (-8.2 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported diesel engines (other than for motor vehicles and aircraft) in GCC, comprising 74% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 19% share of total imports.

In the United Arab Emirates, imports of diesel engines (other than for motor vehicles and aircraft) increased at an average annual rate of +10.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (-3.1% per year) and Oman (+14.8% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, remaining stable against the previous year. Overall, the import price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2018 an increase of 28% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Oman ($X per unit), while Saudi Arabia ($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 United Arab Emirates (-0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform