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

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

The Omani market for diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021, picking up by 18% 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). Over the period under review, consumption continues to indicate a significant expansion. Consumption of peaked in 2021 and is likely to see gradual growth in the near future.

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

Exports from Oman

In 2021, the amount of diesel or semi-diesel electric generating sets of output under X kVA exported from Oman skyrocketed to X units, with an increase of 25% against the year before. Over the period under review, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 60%. Over the period under review, the exports of attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA skyrocketed to $X in 2021. In general, exports, however, faced a deep setback. The pace of growth was the most pronounced in 2016 when exports increased by 36% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Yemen (X units), Qatar (X units) and Kuwait (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output under X kVA from Oman, with a combined 80% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +13.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X), Qatar ($X) and Kuwait ($X) were the largest markets for diesel or semi-diesel electric generating set of output under X kVA exported from Oman worldwide, with a combined 46% share of total exports.

In terms of the main countries of destination, Yemen, with a CAGR of +72.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, increasing by 7.7% against the previous year. In general, the export price saw a remarkable increase. The growth pace was the most rapid in 2017 an increase of 117%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+866.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Oman

In 2021, approx. X units of diesel or semi-diesel electric generating sets of output under X kVA were imported into Oman; picking up by 31% compared with the previous year. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 125% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA reduced slightly to $X in 2021. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 94% against the previous year. Over the period under review, imports of attained the maximum at $X in 2020, and then contracted modestly in the following year.

Imports by Country

In 2021, Switzerland (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output under X kVA to Oman, with a 48% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output under X kVA from Switzerland exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by Italy (X units), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Switzerland amounted to +51.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+17.7% per year) and Italy (+23.9% per year).

In value terms, Switzerland ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output under X kVA to Oman, comprising 50% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 23% share of total imports. It was followed by Italy, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Switzerland amounted to +42.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+6.2% per year) and Italy (+5.3% per year).

Import Prices by Country

The average import price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, shrinking by -26.3% against the previous year. Over the period under review, the import price faced a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 34%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (-5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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