Broken Rice Price in Oman - 2021
Contents:
- Broken Rice Price in Oman (CIF) - 2022
- Broken Rice Price in Oman (FOB) - 2022
- Broken Rice Imports in Oman
- Broken Rice Exports in Oman
Broken Rice Price in Oman (CIF) - 2022
The average broken rice import price stood at $620 per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2013 an increase of 22%. Over the period under review, average import prices reached the peak figure at $641 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($936 per ton), while the price for Pakistan ($449 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Broken Rice Price in Oman (FOB) - 2022
The average broken rice export price stood at $620 per ton in 2022, waning by -2.9% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2016 an increase of 120%. The export price peaked at $639 per ton in 2021, and then declined modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($628 per ton), while the average price for exports to Tanzania amounted to $251 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+62.5%), while the prices for the other major destinations experienced more modest paces of growth.
Broken Rice Imports in Oman
In 2022, after two years of decline, there was significant growth in purchases abroad of broken rice, when their volume increased by 119% to 172 tons. In general, imports, however, faced a precipitous decrease.
In value terms, broken rice imports surged to $107K in 2022. Over the period under review, imports, however, saw a significant contraction.
| Import of Broken Rice in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 151 | 101 | 34.4 | 42.1 | -34.7% |
| India | 83.0 | 29.4 | 8.2 | 37.9 | -23.0% |
| United Arab Emirates | 43.0 | 35.0 | 5.4 | 26.7 | -14.7% |
| Others | 0.8 | 0.1 | 0.5 | N/A | -20.9% |
| Total | 278 | 165 | 48.4 | 107 | -27.3% |
Top Suppliers of Broken Rice to Oman in 2022:
- Pakistan (93.7 tons)
- India (49.9 tons)
- United Arab Emirates (28.5 tons)
Broken Rice Exports in Oman
Broken rice exports from Oman shrank rapidly to 29 tons in 2022, falling by -41.3% compared with the previous year. Over the period under review, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 476% against the previous year. As a result, the exports reached the peak of 49 tons, and then reduced sharply in the following year.
In value terms, broken rice exports shrank dramatically to $18K in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 619%. As a result, the exports reached the peak of $31K, and then contracted dramatically in the following year.
| Export of Broken Rice in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 7.6 | 4.2 | 3.4 | 17.6 | 32.3% |
| Tanzania | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Yemen | 2.3 | N/A | 26.2 | N/A | 237.5% |
| Others | N/A | 0.1 | 1.5 | N/A | 1400.0% |
| Total | 10.0 | 4.3 | 31.2 | 17.8 | 21.2% |
Top Export Markets for Broken Rice from Oman in 2022:
- Qatar (28.0 tons)
- Tanzania (0.6 tons)
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