Oman: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Oman

After three years of growth, the Omani self-propelled bulldozer market decreased by -44.5% to $X in 2021. Over the period under review, consumption faced a significant decline. 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.

Self-Propelled Bulldozer Production in Oman

In value terms, self-propelled bulldozer production reduced notably to $X in 2021 estimated in export price. In general, production faced a sharp descent. Over the period under review, production hit record highs at $X in 2020, and then shrank notably in the following year.

Self-Propelled Bulldozer Exports

Exports from Oman

After two years of growth, overseas shipments of self-propelled bulldozers and excavators decreased by -7.7% to X units in 2021. Over the period under review, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 230%. The exports peaked at X units in 2020, and then dropped in the following year.

In value terms, self-propelled bulldozer exports fell notably to $X in 2021. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 440% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X units) was the main destination for self-propelled bulldozer exports from Oman, accounting for a 39% share of total exports. Moreover, self-propelled bulldozer exports to South Africa exceeded the volume sent to the second major destination, Egypt (X units), twofold. The third position in this ranking was taken by the United Arab Emirates (X units), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume to South Africa stood at +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+31.8% per year) and the United Arab Emirates (-9.0% per year).

In value terms, South Africa ($X) emerged as the key foreign market for self-propelled bulldozers and excavators exports from Oman, comprising 37% of total exports. The second position in the ranking was held by Yemen ($X), with a 14% share of total exports. It was followed by the United Arab Emirates, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to South Africa amounted to +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+314.1% per year) and the United Arab Emirates (-24.4% per year).

Export Prices by Country

The average self-propelled bulldozer export price stood at $X per unit in 2021, with a decrease of -21% against the previous year. Overall, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 101% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Egypt ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+77.7%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Bulldozer Imports

Imports into Oman

In 2021, purchases abroad of self-propelled bulldozers and excavators decreased by -17.8% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a sharp downturn. The pace of growth was the most pronounced in 2019 when imports increased by 21% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, self-propelled bulldozer imports soared to $X in 2021. In general, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 25%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Japan (X units) and Italy (X units) were the main suppliers of self-propelled bulldozer imports to Oman, together accounting for 52% of total imports. Poland, the Netherlands, India, Spain, the United Arab Emirates and the UK lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +12.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest self-propelled bulldozer suppliers to Oman were Poland ($X), China ($X) and Italy ($X), with a combined 55% share of total imports. Japan, the Netherlands, India, the United Arab Emirates, Spain, the UK and the United States lagged somewhat behind, together accounting for a further 39%.

The Netherlands, with a CAGR of +61.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average self-propelled bulldozer import price amounted to $X per unit, growing by 42% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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