Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman - 2022

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman
  4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $12,569 per ton, with a decrease of -2.7% against the previous year. Over the period under review, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42% against the previous year. Over the period under review, average import prices hit record highs at $23,131 per ton in 2012; however, from 2013 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 the Netherlands ($64,016 per ton), while the price for China ($2,392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $112,294 per ton, which is down by -62.8% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2013 an increase of 552% against the previous year. Over the period under review, the average export prices hit record highs at $508,667 per ton in 2014; however, from 2015 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 the UK ($247,000 per ton), while the average price for exports to Bahrain ($18,500 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 Bahrain (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman

In 2022, after three years of growth, there was significant decline in purchases abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses, when their volume decreased by -29.2% to 27 tons. Over the period under review, imports saw a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses contracted significantly to $342K in 2022. Overall, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports reached the peak of $514K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates246164238112-23.1%
Netherlands10.149.042.953.574.3%
Germany6.64.514.730.366.2%
India7.040.636.729.561.5%
United States17.17.010.324.112.1%
Italy34.03.911.516.9-20.8%
Qatar21.212930.99.0-24.8%
Thailand14.310.311.17.1-20.8%
Saudi Arabia7.87.47.34.3-18.0%
Turkey17.839.86.32.3-49.4%
China1.00.90.11.26.3%
Others42.358.085.851.97.1%
Total425514496342-7.0%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Oman in 2022:

  1. United Arab Emirates (10.7 tons)
  2. India (5.0 tons)
  3. Qatar (2.5 tons)
  4. United States (1.4 tons)
  5. Italy (1.0 tons)
  6. Thailand (1.0 tons)
  7. Netherlands (0.8 tons)
  8. Saudi Arabia (0.7 tons)
  9. Germany (0.7 tons)
  10. Turkey (0.5 tons)
  11. China (0.5 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman

In 2022, overseas shipments of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -93.4% to 17 kg, falling for the second year in a row after two years of growth. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 2.8%. As a result, the exports reached the peak of 982 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses contracted notably to $1.9K in 2022. Over the period under review, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports attained the peak of $164K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India17.528.115.11.3-58.0%
United Kingdom2.44.32.50.2-56.3%
Yemen1.22.52.10.1-56.3%
United Arab Emirates14.928.36.10.1-81.1%
Germany1.648.251.1N/A465.1%
Poland7.4N/AN/AN/A0%
Singapore0.40.70.4N/A0.0%
Qatar6.836.9N/AN/A442.6%
United States1.713.2N/AN/A676.5%
Bahrain0.51.40.6N/A9.5%
Others87.1N/A0.2N/A-95.2%
Total14216478.11.9-76.3%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Oman in 2022:

  1. India (8.0 kg)
  2. Yemen (3.0 kg)
  3. Bahrain (2.0 kg)
  4. Singapore (1.0 kg)
  5. United Arab Emirates (1.0 kg)
  6. United Kingdom (1.0 kg)
  7. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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