Oman: 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 Oman

The Omani market for diesel engines (other than for motor vehicles and aircraft) skyrocketed to $X in 2022, with an increase of 310% 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). In general, consumption enjoyed a significant increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

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

Exports from Oman

For the third consecutive year, Oman recorded growth in overseas shipments of diesel engines (other than for motor vehicles and aircraft), which increased by 7.1% to X units in 2022. Over the period under review, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 141%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) soared to $X in 2022. In general, exports showed a mild expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 183%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for exports of diesel engines (other than for motor vehicles and aircraft) from Oman, accounting for a 67% share of total exports. Moreover, exports of diesel engines (other than for motor vehicles and aircraft) to the United Arab Emirates exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold. Tanzania (X units) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled +34.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Tanzania (-28.3% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for diesel engines (other than for motor vehicles and aircraft) exports from Oman, comprising 74% of total exports. The second position in the ranking was taken by Iran ($X), with a 15% share of total exports. It was followed by the Netherlands, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +77.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+23.9% per year) and the Netherlands (+98.4% per year).

Export Prices by Country

The average export price for diesel engines (other than for motor vehicles and aircraft) stood at $X per unit in 2022, rising by 18% against the previous year. Overall, the export price recorded prominent growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 62%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Iran ($X per unit), while the average price for exports to France ($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 the Netherlands (+98.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Oman

In 2022, the amount of diesel engines (other than for motor vehicles and aircraft) imported into Oman surged to X units, increasing by 337% compared with the previous year. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 908%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) skyrocketed to $X in 2022. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 765% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Qatar (X units), the United Arab Emirates (X units) and the United States (X units) were the main suppliers of imports of diesel engines (other than for motor vehicles and aircraft) to Oman, together comprising 82% of total imports. France, Germany, India, South Korea and China lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +63.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Qatar ($X) and France ($X) were the largest diesel engines (other than for motor vehicles and aircraft) suppliers to Oman, with a combined 85% share of total imports.

France, with a CAGR of +76.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, falling by -17% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2017 when the average import price increased by 36%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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