Report Update Nov 1, 2024

Oman - Honing or Lapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Metal Honing Machine Market 2024

Metal Honing Machine Market Size in Oman

In 2021, after three years of growth, there was decline in the Omani metal honing machine market, when its value decreased by -1.1% to $X. Over the period under review, consumption saw a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Honing Machine Production in Oman

In value terms, metal honing machine production dropped slightly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 10%. Metal honing machine production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Metal Honing Machine Exports

Exports from Oman

After two years of decline, shipments abroad of honing or lapping machines for working metal decreased by 0% to X units in 2021. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 950%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal honing machine exports rose sharply to $X in 2021. Overall, exports faced a sharp decline. The growth pace was the most rapid in 2013 with an increase of 873% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

India (X units) was the main destination for metal honing machine exports from Oman, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to India was relatively modest.

From 2012 to 2021, the average annual growth rate of value to India was relatively modest.

Export Prices by Country

In 2021, the average metal honing machine export price amounted to $X per unit, surging by 9.1% against the previous year. Over the period under review, the export price showed a strong expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 140% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2017 to 2021, the rate of growth in terms of prices for India amounted to 0.0% per year.

Metal Honing Machine Imports

Imports into Oman

After three years of growth, purchases abroad of honing or lapping machines for working metal decreased by 0% to X units in 2021. Over the period under review, imports faced a dramatic contraction. The growth pace was the most rapid in 2014 with an increase of 833%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, metal honing machine imports fell sharply to $X in 2021. Overall, imports faced a deep slump. The pace of growth was the most pronounced in 2014 when imports increased by 612% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India (X units), the United Arab Emirates (X units) and the Netherlands (X units) were the main suppliers of metal honing machine imports to Oman, together accounting for 83% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of 0.0%), while imports for the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of honing or lapping machines for working metal to Oman, comprising 63% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 14% share of total imports. It was followed by Sweden, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-17.3% per year) and Sweden (-16.7% per year).

Import Prices by Country

In 2021, the average metal honing machine import price amounted to $X per unit, declining by -49.2% against the previous year. Overall, the import price, however, recorded temperate growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 79% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a 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 the United Arab Emirates ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for honing or lapping machines for working metal in the world?

The country with the largest volume of metal honing machine consumption was the United States, accounting for 30% of total volume. Moreover, metal honing machine consumption in the United States exceeded the figures recorded by the second-largest consumer, Italy, threefold. Japan ranked third in terms of total consumption with an 8.3% share.

What are the largest producers of honing or lapping machines for working metal in the world?

The United States remains the largest metal honing machine producing country worldwide, accounting for 41% of total volume. Moreover, metal honing machine production in the United States exceeded the figures recorded by the second-largest producer, Japan, threefold. Taiwan Chinese) ranked third in terms of total production with a 12% share.

What are the leading suppliers of honing or lapping machines for working metal to Oman?

In value terms, the largest metal honing machine suppliers to Oman were Iran, China and India, with a combined 45% share of total imports.

What are the leading importers of honing or lapping machines for working metal from Oman?

In value terms, the United Arab Emirates remains the key foreign market for metal honing machine exports from Oman.

What is the average export price for honing or lapping machines for working metal in Oman?

The average metal honing machine export price stood at $4,765 per unit in 2020, reducing by -69.2% against the previous year.

What is the average import price for honing or lapping machines for working metal in Oman?

The average metal honing machine import price stood at $669 per unit in 2021, shrinking by -19.6% against the previous year.

This report provides an in-depth analysis of the metal honing machine market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412385 - Honing or lapping machines for working metal

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023