Report Update: Apr 1, 2024

Oman - Motor Boats And Motor Yachts, For Pleasure Or Sports - Market Analysis, Forecast, Size, Trends And Insights

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Motor Boat Price in Oman - 2021

Motor Boat Price in Oman (FOB) - 2022

In 2022, the average motor boat export price amounted to $1,518 per unit, with an increase of 1.5% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average export price increased by 288%. The export price peaked at $9,327 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($5,466 per unit), while the average price for exports to Tanzania ($3 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 Qatar (+2.9%), while the prices for the other major destinations experienced a decline.

Motor Boat Price in Oman (CIF) - 2022

The average motor boat import price stood at $65,214 per unit in 2022, shrinking by -23.1% against the previous year. Overall, the import price, however, recorded modest growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 232% against the previous year. As a result, import price reached the peak level of $84,840 per unit, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($338,051 per unit), while the price for France ($1,851 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Motor Boat Exports in Oman

In 2022, after three years of growth, there was decline in shipments abroad of motor boats and motor yachts, for pleasure or sports, when their volume decreased by -4.8% to 20 units. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 163%. As a result, the exports attained the peak of 21 units, and then shrank slightly in the following year.

In value terms, motor boat exports dropped to $30K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 492% against the previous year. The exports peaked at $31K in 2021, and then shrank modestly in the following year.

Export of Motor Boat in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	1.3	2.9	23.5	25.2	168.6%
Qatar	0.3	18.9	4.7	5.0	155.4%
Kuwait	3.3	7.4	0.2	0.2	-60.7%
Spain	N/A	N/A	0.8	N/A	0%
Germany	N/A	N/A	0.6	N/A	0%
Sweden	N/A	N/A	0.2	N/A	0%
United Kingdom	N/A	N/A	1.4	N/A	0%
Tanzania	0.1	0.1	N/A	N/A	0.0%
Others	N/A	N/A	N/A	N/A	0%
Total	4.9	29.3	31.4	30.3	83.5%

Top Export Markets for Motor Boat from Oman in 2022:

United Arab Emirates (17.0 units)
Tanzania (1.0 units)
Qatar (1.0 units)
Kuwait (1.0 units)

Motor Boat Imports in Oman

Motor boat imports into Oman expanded markedly to 8 units in 2022, surging by 14% against the year before. Over the period under review, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 17 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, motor boat imports shrank to $505K in 2022. In general, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports attained the maximum at $592K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Motor Boat in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	389	3.0	450	369	-1.7%
United Arab Emirates	44.3	226	82.9	67.8	15.2%
Canada	20.0	40.5	18.4	13.4	-12.5%
Germany	7.5	20.3	12.4	12.2	17.6%
Kuwait	7.7	11.6	2.6	4.7	-15.2%
France	3.3	6.6	3.0	2.2	-12.6%
Spain	18.8	N/A	N/A	N/A	0%
Others	101	118	14.0	35.2	-29.6%
Total	592	426	583	505	-5.2%

Top Suppliers of Motor Boat to Oman in 2022:

United Arab Emirates (3.0 units)
Germany (2.0 units)
Canada (1.0 units)
Italy (1.0 units)
France (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motor boat market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30121930 - Motor boats and motor yachts, for pleasure or sports (excluding outboard motor boats)

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023