Oman - Frozen Fish Fillet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Fillet Price in Oman - 2021
Contents:
- Frozen Fish Fillet Price in Oman (CIF) - 2022
- Frozen Fish Fillet Price in Oman (FOB) - 2022
- Frozen Fish Fillet Imports in Oman
- Frozen Fish Fillet Exports in Oman
Frozen Fish Fillet Price in Oman (CIF) - 2022
In 2022, the average frozen fish fillet import price amounted to $4,578 per ton, surging by 81% against the previous year. Overall, the import price showed a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 United States ($18,578 per ton), while the price for India ($1,272 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 (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Fillet Price in Oman (FOB) - 2022
The average frozen fish fillet export price stood at $4,998 per ton in 2022, picking up by 78% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $6,619 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($12,700 per ton), while the average price for exports to Rwanda ($1,422 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 Qatar (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Fillet Imports in Oman
In 2022, approx. 1.2K tons of frozen fish fillet were imported into Oman; falling by -13.9% compared with the previous year. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, imports reached the peak of 1.4K tons, and then shrank in the following year.
In value terms, frozen fish fillet imports surged to $5.5M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 72%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Fish Fillet in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,193 | 1,350 | 2,122 | 2,573 | 29.2% |
| Vietnam | 777 | 437 | 874 | 905 | 5.2% |
| United States | N/A | N/A | N/A | 337 | 0% |
| Indonesia | 22.6 | 42.6 | 75.2 | 244 | 121.0% |
| Thailand | 25.8 | 9.8 | 19.6 | 210 | 101.2% |
| Tanzania | N/A | N/A | N/A | 183 | 0% |
| Singapore | 79.4 | 14.1 | 41.9 | 44.9 | -17.3% |
| India | 41.5 | 28.7 | 19.6 | 28.4 | -11.9% |
| Others | 213 | 166 | 377 | 971 | 65.8% |
| Total | 2,352 | 2,048 | 3,530 | 5,496 | 32.7% |
Top Suppliers of Frozen Fish Fillet to Oman in 2022:
- Vietnam (464.4 tons)
- United Arab Emirates (297.7 tons)
- Thailand (112.4 tons)
- Indonesia (42.9 tons)
- India (22.3 tons)
- Tanzania (19.8 tons)
- United States (18.1 tons)
- Singapore (18.0 tons)
Frozen Fish Fillet Exports in Oman
For the fourth consecutive year, Oman recorded growth in overseas shipments of frozen fish fillet, which increased by 45% to 1.3K tons in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 49% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, frozen fish fillet exports skyrocketed to $6.4M in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Fish Fillet in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 268 | 304 | 430 | 3,480 | 135.0% |
| Vietnam | 565 | 84.5 | 467 | 661 | 5.4% |
| Slovenia | N/A | 106 | 33.9 | 445 | 104.9% |
| Qatar | 54.6 | 132 | 484 | 308 | 78.0% |
| Italy | 6.1 | 6.5 | 4.2 | 240 | 240.1% |
| Russia | 29.1 | 34.9 | 172 | 200 | 90.1% |
| Saudi Arabia | 73.4 | 109 | 192 | 153 | 27.7% |
| Rwanda | N/A | N/A | N/A | 147 | 0% |
| Thailand | 151 | 431 | 126 | 87.2 | -16.7% |
| Bangladesh | 24.0 | 22.7 | 61.1 | N/A | 59.6% |
| Others | 368 | 405 | 506 | 664 | 21.7% |
| Total | 1,539 | 1,635 | 2,476 | 6,385 | 60.7% |
Top Export Markets for Frozen Fish Fillet from Oman in 2022:
- United States (670.2 tons)
- Vietnam (191.0 tons)
- Rwanda (103.1 tons)
- Thailand (55.4 tons)
- Slovenia (48.4 tons)
- Russia (42.3 tons)
- Saudi Arabia (41.8 tons)
- Qatar (35.4 tons)
- Italy (18.9 tons)
This report provides an in-depth analysis of the frozen fish fillet market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201400 - Frozen fish fillets
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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