Dried Apricot Price in Oman - 2021
Contents:
- Dried Apricot Price in Oman (CIF) - 2022
- Dried Apricot Price in Oman (FOB) - 2022
- Dried Apricot Imports in Oman
- Dried Apricot Exports in Oman
Dried Apricot Price in Oman (CIF) - 2022
The average dried apricot import price stood at $6,701 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 52%. Over the period under review, average import prices attained the peak figure at $7,046 per ton in 2020; however, from 2021 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 Germany ($8,130 per ton), while the price for the United States ($3,232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Dried Apricot Price in Oman (FOB) - 2022
The average dried apricot export price stood at $7,456 per ton in 2022, surging by 4.4% against the previous year. Over the period under review, the export price posted resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 86%. The export price peaked at $7,690 per ton in 2020; however, from 2021 to 2022, 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 Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +5.9% per year.
Dried Apricot Imports in Oman
In 2022, supplies from abroad of dried apricots was finally on the rise to reach 75 tons after two years of decline. In general, imports, however, showed a abrupt slump.
In value terms, dried apricot imports soared to $505K in 2022. Overall, imports, however, recorded a abrupt setback.
Import of Dried Apricot in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 690 | 638 | 208 | 390 | -17.3% |
Turkey | 29.2 | 34.6 | 54.2 | 76.7 | 38.0% |
Germany | 15.1 | 15.7 | 14.9 | 12.3 | -6.6% |
United States | 2.7 | 1.1 | 0.2 | 4.9 | 22.0% |
Egypt | 7.0 | N/A | N/A | N/A | 0% |
Others | 24.8 | 18.7 | 23.6 | 20.4 | -6.3% |
Total | 769 | 708 | 301 | 505 | -13.1% |
Top Suppliers of Dried Apricot to Oman in 2022:
- United Arab Emirates (54.9 tons)
- Turkey (14.3 tons)
- United States (1.5 tons)
- Germany (1.5 tons)
Dried Apricot Exports in Oman
In 2022, approx. 27 tons of dried apricots were exported from Oman; with an increase of 17% compared with 2021 figures. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 184% against the previous year. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, dried apricot exports surged to $200K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 193% against the previous year. As a result, the exports attained the peak of $236K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Dried Apricot in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 80.5 | 233 | 162 | 200 | 35.4% |
Others | N/A | 3.2 | 1.6 | N/A | -50.0% |
Total | 80.5 | 236 | 163 | 200 | 35.4% |
Top Export Markets for Dried Apricot from Oman in 2022:
- Qatar (26.8 tons)
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