Goats; Live Price in Oman - 2021

Contents:

  1. Goats; Live Price in Oman (CIF) - 2022
  2. Goats; Live Price in Oman (FOB) - 2022
  3. Goats; Live Imports in Oman
  4. Goats; Live Exports in Oman

Goats; Live Price in Oman (CIF) - 2022

The average goats; live import price stood at $158 per unit in 2022, shrinking by -17.3% against the previous year. Overall, the import price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 an increase of 91%. The import price peaked at $191 per unit in 2021, and then fell dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +14.6% per year.

Goats; Live Price in Oman (FOB) - 2022

In 2022, the average goats; live export price amounted to $302 per unit, shrinking by -6.6% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 65% against the previous year. Over the period under review, the average export prices hit record highs at $335 per unit in 2017; however, from 2018 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 the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +17.2% per year.

Goats; Live Imports in Oman

In 2022, the amount of goats; lives imported into Oman stood at 1.2M units, picking up by 14% against 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 68%. As a result, imports attained the peak of 1.4M units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, goats; live imports contracted to $191M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at $203M in 2021, and then reduced in the following year.

Import of Goats; Live in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.60.20.2191582.8%
Somalia10813692.7N/A-7.4%
Iran33.939.8109N/A79.3%
Others0.73.11.6N/A51.2%
Total14317920319110.1%

Top Suppliers of Goats; Live to Oman in 2022:

  1. United Arab Emirates (1.2M units)

Goats; Live Exports in Oman

In 2022, after three years of growth, there was significant decline in shipments abroad of goats; lives, when their volume decreased by -21.3% to 328K units. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of 417K units, and then shrank dramatically in the following year.

In value terms, goats; live exports fell markedly to $99M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 113%. As a result, the exports attained the peak of $135M, and then contracted remarkably in the following year.

Export of Goats; Live in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.04.96.299.2170.7%
Kuwait11.829.875.4N/A152.8%
Qatar28.227.549.8N/A32.9%
Bahrain1.31.13.6N/A66.4%
OthersN/AN/AN/AN/A0%
Total46.363.413599.228.9%

Top Export Markets for Goats; Live from Oman in 2022:

  1. United Arab Emirates (328.1K units)

Source: IndexBox Market Intelligence Platform

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