Oman: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in Oman

The Omani motorcycle and scooter market surged to $X in 2020, increasing by X% 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). Overall, consumption recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Motorcycle And Scooter Exports

Exports from Oman

In 2020, approx. X units of motorcycles and scooters were exported from Oman; waning by -X% against the previous year's figure. Overall, exports, however, posted strong growth. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, exports attained the peak of X units. from 2016 to 2020, the growth exports remained at a lower figure.

In value terms, motorcycle and scooter exports reduced rapidly to $X in 2020. Over the period under review, exports, however, recorded a mild decrease. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), the UK (X units) and Iran (X units) were the main destinations of motorcycle and scooter exports from Oman.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), the UK ($X) and Iran ($X) were the largest markets for motorcycle and scooter exported from Oman worldwide, together comprising X% of total exports.

The UK (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average motorcycle and scooter export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per unit. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the UK ($X per unit), while the average price for exports to Iran ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced a decline.

Motorcycle And Scooter Imports

Imports into Oman

Motorcycle and scooter imports into Oman reduced to X units in 2020, which is down by -X% against the previous year's figure. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, imports reached the peak of X units. from 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, motorcycle and scooter imports surged to $X in 2020. In general, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X units), the United Arab Emirates (X units) and Saudi Arabia (X units) were the main suppliers of motorcycle and scooter imports to Oman, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle and scooter suppliers to Oman were the United States ($X), Japan ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by the United Arab Emirates, Thailand, South Korea and Saudi Arabia, which together accounted for a further X the main suppliers, Saudi Arabia recorded the highest growth rate of 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

In 2020, the average motorcycle and scooter import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform