Pumps; Parts Thereof Price in Oman - 2021
Contents:
- Pumps; Parts Thereof Price in Oman (CIF) - 2022
- Pumps; Parts Thereof Price in Oman (FOB) - 2022
- Pumps; Parts Thereof Imports in Oman
- Pumps; Parts Thereof Exports in Oman
Pumps; Parts Thereof Price in Oman (CIF) - 2022
The average pumps; parts thereof import price stood at $8,900 per ton in 2022, falling by -8.4% against the previous year. Overall, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs at $22,820 per ton in 2015; however, from 2016 to 2022, 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 France ($16,310 per ton), while the price for Romania ($2,260 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Oman (FOB) - 2022
The average pumps; parts thereof export price stood at $6,838 per ton in 2022, dropping by -20.7% against the previous year. Overall, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 58% against the previous year. The export price peaked at $16,289 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($14,121 per ton), while the average price for exports to Yemen ($4,598 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 Kuwait (+11.6%), while the prices for the other major destinations experienced a decline.
Pumps; Parts Thereof Imports in Oman
In 2022, after two years of decline, there was significant growth in supplies from abroad of pumps; parts thereoves, when their volume increased by 9.2% to 7.8K tons. Over the period under review, imports, however, saw a abrupt downturn.
In value terms, pumps; parts thereof imports totaled $69M in 2022. In general, imports, however, continue to indicate a abrupt decrease.
| Import of Pumps; Parts Thereof in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 41.5 | 34.0 | 33.6 | 26.5 | -13.9% |
| United States | 11.8 | 4.7 | 6.8 | 8.5 | -10.4% |
| Romania | 10.3 | 4.3 | 3.4 | 5.8 | -17.4% |
| Canada | 1.0 | 3.4 | 1.4 | 4.8 | 68.7% |
| France | 1.6 | 1.1 | 2.8 | 3.9 | 34.6% |
| China | 6.6 | 2.6 | 2.2 | 2.9 | -24.0% |
| India | 0.7 | 1.0 | 0.9 | 1.3 | 22.9% |
| Egypt | N/A | 0.1 | 0.2 | 0.9 | 200.0% |
| Argentina | 1.4 | 1.1 | 1.1 | 0.9 | -13.7% |
| Others | 16.4 | 17.1 | 16.9 | 13.7 | -5.8% |
| Total | 91.2 | 69.4 | 69.4 | 69.4 | -8.7% |
Top Suppliers of Pumps; Parts Thereof to Oman in 2022:
- Romania (2562.5 tons)
- United Arab Emirates (2236.7 tons)
- China (581.6 tons)
- United States (539.9 tons)
- Argentina (325.3 tons)
- Canada (318.9 tons)
- India (279.9 tons)
- Egypt (258.9 tons)
- France (242.0 tons)
Pumps; Parts Thereof Exports in Oman
For the fourth consecutive year, Oman recorded growth in shipments abroad of pumps; parts thereoves, which increased by 2.6% to 637 tons in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 937%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, pumps; parts thereof exports fell significantly to $4.4M in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 484% against the previous year.
| Export of Pumps; Parts Thereof in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 294 | 1,956 | 2,828 | 2,155 | 94.3% |
| Yemen | 7.9 | 65.9 | 784 | 598 | 323.0% |
| Iran | 7.0 | 43.3 | 583 | 443 | 298.5% |
| Saudi Arabia | 40.4 | 323 | 350 | 267 | 87.7% |
| Kuwait | 10.5 | 244 | 192 | 146 | 140.5% |
| Iraq | 21.3 | 112 | 96.3 | 70.5 | 49.0% |
| Others | 194 | 616 | 523 | 678 | 51.8% |
| Total | 575 | 3,360 | 5,356 | 4,358 | 96.4% |
Top Export Markets for Pumps; Parts Thereof from Oman in 2022:
- United Arab Emirates (406.8 tons)
- Yemen (130.0 tons)
- Iran (36.0 tons)
- Saudi Arabia (20.9 tons)
- Kuwait (10.4 tons)
- Iraq (9.8 tons)
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