Oman: Aircraft Propeller Market 2025

Aircraft Propeller Market Size in Oman

The Omani aircraft propeller market surged to $X in 2022, with an increase of 32% 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 notable growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Aircraft Propeller Exports

Exports from Oman

In 2022, exports of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes from Oman shrank markedly to X tons, declining by -23.4% on 2021 figures. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 11,933%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, aircraft propeller exports dropped notably to $X in 2022. In general, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 8,062% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for aircraft propeller exports from Oman, accounting for a 57% share of total exports. Moreover, aircraft propeller exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X kg), fourfold. The third position in this ranking was held by the UK (X kg), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+35.6% per year) and the UK (-15.4% per year).

In value terms, the United States ($X) remains the key foreign market for propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes exports from Oman, comprising 53% of total exports. The second position in the ranking was taken by the UK ($X), with a 16% share of total exports. It was followed by Switzerland, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +40.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-7.3% per year) and Switzerland (+14.1% per year).

Export Prices by Country

In 2022, the average aircraft propeller export price amounted to $X per ton, declining by -2.8% against the previous year. Overall, the export price, however, showed pronounced growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 77%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Propeller Imports

Imports into Oman

After two years of decline, purchases abroad of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes increased by 27% to X tons in 2022. Over the period under review, imports showed slight growth. The growth pace was the most rapid in 2016 with an increase of 316%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, aircraft propeller imports expanded notably to $X in 2022. In general, imports enjoyed noticeable growth. The pace of growth appeared the most rapid in 2016 with an increase of 369%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The UK (X kg), South Africa (X kg) and the United States (X kg) were the main suppliers of aircraft propeller imports to Oman, with a combined 30% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +41.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes to Oman, comprising 28% of total imports. The second position in the ranking was taken by the United States ($X), with a 5.4% share of total imports. It was followed by the United Arab Emirates, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value from the UK totaled -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+45.7% per year) and the United Arab Emirates (+28.9% per year).

Import Prices by Country

The average aircraft propeller import price stood at $X per ton in 2022, which is down by -16.4% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aircraft propeller import price increased by +42.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 94%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average 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 the UK ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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