Oman: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Oman

The Omani gravimetric filling machine market soared to $X in 2022, increasing by 42% against the previous year. Overall, consumption recorded significant growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Gravimetric Filling Machine Production in Oman

In value terms, gravimetric filling machine production soared to $X in 2022 estimated in export price. Over the period under review, production showed a significant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 1,197% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gravimetric Filling Machine Exports

Exports from Oman

Gravimetric filling machine exports from Oman reduced dramatically to X units in 2022, dropping by -30% compared with 2021. In general, exports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 2,100%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gravimetric filling machine exports fell to $X in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 40,040%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for gravimetric filling machine exports from Oman, accounting for a 43% share of total exports. Moreover, gravimetric filling machine exports to the United Arab Emirates exceeded the volume sent to the second major destination, Tanzania (X units), threefold. The third position in this ranking was held by Iran (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (0.0% per year) and Iran (0.0% per year).

In value terms, the largest markets for gravimetric filling machine exported from Oman were Somalia ($X), the United Arab Emirates ($X) and Qatar ($X), together comprising 96% of total exports. Iran and Tanzania lagged somewhat behind, together accounting for a further 3.7%.

Iran, with a CAGR of +38.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average gravimetric filling machine export price amounted to $X per unit, picking up by 24% against the previous year. In general, the export price, however, saw a abrupt downturn. The growth pace was the most rapid in 2017 when the average export price increased by 1,725% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($X per unit), while the average price for exports to Tanzania ($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 Iran (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Oman

In 2022, after two years of growth, there was decline in purchases abroad of automatic gravimetric filling machines, when their volume decreased by 0% to X units. Over the period under review, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 357%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, gravimetric filling machine imports reached $X in 2022. Overall, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 641% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), the United Arab Emirates (X units) and Spain (X units) were the main suppliers of gravimetric filling machine imports to Oman, with a combined 64% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +30.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gravimetric filling machine suppliers to Oman were Japan ($X), Germany ($X) and the United Arab Emirates ($X), with a combined 55% share of total imports. Spain, Belgium, Italy, India, the Netherlands, China, South Korea, Taiwan (Chinese) and Pakistan lagged somewhat behind, together comprising a further 28%.

In terms of the main suppliers, Belgium, with a CAGR of +108.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gravimetric filling machine import price stood at $X per unit in 2022, surging by 1.7% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gravimetric filling machine import price decreased by -31.5% against 2017 indices. The growth pace was the most rapid in 2013 an increase of 77%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 Japan ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+81.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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