Oman: Motor Grader Market 2024

Motor Grader Market Size in Oman

The Omani motor grader market contracted dramatically to $X in 2022, falling by -24.3% against the previous year. Over the period under review, consumption saw a significant decline. Motor grader consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Motor Grader Production in Oman

In value terms, motor grader production fell markedly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 2.3%. As a result, production reached the peak level of $X, and then contracted markedly in the following year.

Motor Grader Exports

Exports from Oman

In 2022, after eight years of growth, there was significant decline in overseas shipments of motor graders and levellers, when their volume decreased by -17.9% to X units. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 65%. As a result, the exports reached the peak of X units, and then declined rapidly in the following year.

In value terms, motor grader exports shrank notably to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 173%. Over the period under review, the exports reached the maximum 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 motor grader exports from Oman, accounting for a 74% share of total exports. Moreover, motor grader exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X units), more than tenfold. Iraq (X units) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+7.2% per year) and Iraq (0.0% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for motor graders and levellers exports from Oman, comprising 55% of total exports. The second position in the ranking was held by Qatar ($X), with a 14% share of total exports. It was followed by Sudan, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled +58.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+76.6% per year) and Sudan (+121.6% per year).

Export Prices by Country

The average motor grader export price stood at $X per unit in 2022, dropping by -15.1% against the previous year. Overall, the export price, however, recorded significant growth. The pace of growth was the most pronounced in 2017 an increase of 77% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Kuwait ($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 Sudan (+121.6%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Grader Imports

Imports into Oman

In 2022, motor grader imports into Oman reduced dramatically to X units, which is down by -20.8% compared with the year before. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, motor grader imports shrank dramatically to $X in 2022. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 155% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Japan (X units) and France (X units) were the main suppliers of motor grader imports to Oman, with a combined 47% share of total imports. The United Arab Emirates, Qatar, Bahrain, India, Canada, Brazil, the United States, Germany, Belgium and South Korea lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest motor grader suppliers to Oman were China ($X), Japan ($X) and Qatar ($X), together accounting for 74% of total imports.

Among the main suppliers, Qatar, with a CAGR of +12.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average motor grader import price stood at $X per unit in 2022, with a decrease of -12.1% against the previous year. Overall, the import price showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 43%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Qatar ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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