Oman: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Oman

In 2021, the Omani motor vehicle engine market decreased by -0.6% to $X, falling for the third year in a row after two years of growth. In general, consumption faced a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 6.3% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Motor Vehicle Engine Exports

Exports from Oman

In 2021, exports of motor vehicle engines (spark-ignition) from Oman surged to X tons, jumping by 81% against 2020 figures. Overall, exports showed pronounced growth. The growth pace was the most rapid in 2013 when exports increased by 116% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, motor vehicle engine exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a prominent increase. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tons) was the main destination for motor vehicle engine exports from Oman, accounting for a 82% share of total exports. Moreover, motor vehicle engine exports to Egypt exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Egypt stood at +121.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+2.7% per year) and Tanzania (-27.5% per year).

In value terms, Egypt ($X) remains the key foreign market for motor vehicle engines (spark-ignition) exports from Oman, comprising 85% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Egypt stood at +103.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+4.0% per year) and Tanzania (-1.6% per year).

Export Prices by Country

The average motor vehicle engine export price stood at $X per ton in 2021, with an increase of 89% against the previous year. Overall, the export price posted resilient growth. The pace of growth appeared the most rapid in 2019 an increase of 93%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Tanzania ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+35.7%), while the prices for the other major destinations experienced mixed trend patterns.

Motor Vehicle Engine Imports

Imports into Oman

In 2021, overseas purchases of motor vehicle engines (spark-ignition) decreased by -2.7% to X tons, falling for the third consecutive year after two years of growth. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 11%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, motor vehicle engine imports rose notably to $X in 2021. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2018 when imports increased by 14% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), Taiwan (Chinese) (X tons) and Thailand (X tons) were the main suppliers of motor vehicle engine imports to Oman, together accounting for 52% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +72.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X), Thailand ($X) and Germany ($X) appeared to be the largest motor vehicle engine suppliers to Oman, with a combined 61% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +7.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average motor vehicle engine import price stood at $X per ton in 2021, surging by 10% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the average import price increased by 32% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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