Oman: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Oman

The Omani market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X in 2022, with an increase of 3.8% 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, however, recorded a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Oman

Exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Oman reduced rapidly to X units in 2022, with a decrease of -19.1% against 2021 figures. Over the period under review, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 when exports increased by 831% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reduced rapidly to $X in 2022. In general, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of 159% against the previous year. The exports peaked at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

The United Arab Emirates (X units) was the main destination for exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Oman, accounting for a 62% share of total exports. Moreover, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to the United Arab Emirates exceeded the volume sent to the second major destination, Somalia (X units), sixfold. Qatar (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+11.2% per year) and Qatar (+23.6% per year).

In value terms, the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Oman were the United Arab Emirates ($X), Qatar ($X) and Spain ($X), with a combined 90% share of total exports.

Spain, with a CAGR of +31.9%, recorded the highest growth rate of 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

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, shrinking by -4.1% against the previous year. In general, the export price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 1,948% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Iraq ($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 Italy (+242.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Oman

In 2022, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids into Oman reached X units, growing by 2% on 2021. Overall, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 92% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reduced slightly to $X in 2022. Over the period under review, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2019 when imports increased by 35% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X units), Japan (X units) and China (X units) were the main suppliers of imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Oman, with a combined 57% share of total imports. South Korea, Kuwait, Saudi Arabia, India, Belgium, Italy, Indonesia, Spain, Turkey and Germany lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kuwait (with a CAGR of +34.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to Oman were China ($X), the United Arab Emirates ($X) and Belgium ($X), with a combined 45% share of total imports. India, Italy, South Korea, Germany, Turkey, Japan, Saudi Arabia, Spain, Indonesia and Kuwait lagged somewhat behind, together comprising a further 30%.

Indonesia, with a CAGR of +13.9%, saw the highest growth rate of 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

The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, falling by -2.8% against the previous year. In general, the import price, however, recorded resilient growth. The growth pace was the most rapid in 2016 an increase of 163%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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