Oman: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Oman

In 2022, the Omani market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a deep setback. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Oman

In 2022, exports of diesel or semi-diesel electric generating sets of output over X kva but under X kva from Oman rose to X units, increasing by 3.1% on 2021 figures. Overall, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 80%. 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 or semi-diesel electric generating sets of output over X kVA but under X kVA reached $X in 2022. Over the period under review, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 3.8%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Somalia (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Oman, accounting for a 61% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Somalia exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. Australia (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Somalia amounted to +16.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-5.4% per year) and Australia (0.0% per year).

In value terms, Somalia ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Oman, comprising 59% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 23% share of total exports. It was followed by Australia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Somalia amounted to +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-3.8% per year) and Australia (-0.3% per year).

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, with a decrease of -2.6% against the previous year. In general, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 74% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Qatar ($X per unit) and Australia ($X per unit), while the average price for exports to Somalia ($X per unit) and Saudi Arabia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Oman

In 2022, supplies from abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA was finally on the rise to reach X units after two years of decline. In general, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2015 when imports increased by 101%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X in 2022. Overall, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2015 with an increase of 84% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier to Oman, accounting for a 63% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), threefold. South Korea (X units) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.7% per year) and South Korea (+57.5% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Oman, comprising 62% of total imports. The second position in the ranking was taken by China ($X), with a 21% share of total imports. It was followed by South Korea, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.5% per year) and South Korea (+111.6% per year).

Import Prices by Country

In 2022, the average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($X per unit) and India ($X per unit), while the price for Qatar ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+52.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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