Cereals; Barley, Seed Price in Oman - 2021
Contents:
- Cereals; Barley, Seed Price in Oman (CIF) - 2022
- Cereals; Barley, Seed Price in Oman (FOB) - 2022
- Cereals; Barley, Seed Imports in Oman
- Cereals; Barley, Seed Exports in Oman
Cereals; Barley, Seed Price in Oman (CIF) - 2022
The average cereals; barley, seed import price stood at $240 per ton in 2022, stabilizing at the previous year. In general, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 45%. Over the period under review, average import prices attained the maximum at $1,669 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($309 per ton), while the price for Australia totaled $238 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+61.3%), while the prices for the other major suppliers experienced a decline.
Cereals; Barley, Seed Price in Oman (FOB) - 2022
The average cereals; barley, seed export price stood at $65 per ton in 2021, growing by 6.4% against the previous year. Over the period under review, the export price, however, recorded a precipitous decline. The export price peaked at $717 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to -3.8% per year.
Cereals; Barley, Seed Imports in Oman
In 2022, the amount of cereals; barley, seeds imported into Oman reduced sharply to 886 tons, with a decrease of -29.5% on 2021 figures. Over the period under review, imports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 144%.
In value terms, cereals; barley, seed imports shrank remarkably to $213K in 2022. Overall, imports saw a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 138% against the previous year.
| Import of Cereals; Barley, Seed in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 472 | 101 | 275 | 202 | -24.6% |
| United Arab Emirates | 75.7 | 11.1 | 20.7 | 8.1 | -52.5% |
| Argentina | 725 | N/A | N/A | N/A | 0% |
| Others | 13.5 | 13.5 | 3.8 | 2.5 | -43.0% |
| Total | 1,286 | 126 | 299 | 213 | -45.1% |
Top Suppliers of Cereals; Barley, Seed to Oman in 2022:
- Australia (849.7 tons)
- United Arab Emirates (26.2 tons)
Cereals; Barley, Seed Exports in Oman
In 2021, after two years of growth, there was significant decline in overseas shipments of cereals; barley, seeds, when their volume decreased by -33% to 48 tons. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 4,859% against the previous year. As a result, the exports attained the peak of 72 tons, and then dropped dramatically in the following year.
In value terms, cereals; barley, seed exports shrank sharply to $3.1K in 2021. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 410%. As a result, the exports attained the peak of $4.4K, and then declined significantly in the following year.
| Export of Cereals; Barley, Seed in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Singapore | N/A | N/A | 3.1 | 0% | |
| Yemen | N/A | 4.4 | N/A | 0% | |
| Others | 0.9 | N/A | N/A | 0% | |
| Total | 0.9 | 4.4 | 3.1 | 85.6% | |
Top Export Markets for Cereals; Barley, Seed from Oman in 2022:
- Singapore (48.2 tons)
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This report provides an in-depth analysis of the barley market in Oman.
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