Insects; Live, Bees Price in Oman - 2021

Insects; Live, Bees Price in Oman (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $0.4 per unit, reducing by -1.8% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 91%. The import price peaked at $1.4 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 UK ($1.6 per unit), while the price for Turkey ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+38.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Insects; Live, Bees Imports in Oman

Insects; live, bees imports into Oman expanded notably to 125K units in 2022, picking up by 7.2% compared with 2021 figures. Over the period under review, imports, however, saw a deep reduction. Imports peaked at 166K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, insects; live, bees imports rose notably to $44K in 2022. In general, imports, however, saw a deep downturn. Over the period under review, imports attained the peak figure at $77K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Insects; Live, Bees in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	16.2	11.2	1.6	11.8	-10.0%
Turkey	15.2	12.3	33.7	10.7	-11.0%
Belgium	1.0	0.9	0.5	3.4	50.4%
United Kingdom	7.7	3.3	1.9	3.0	-27.0%
United Arab Emirates	1.1	0.4	0.1	0.2	-43.3%
Qatar	N/A	N/A	1.8	N/A	0%
Others	35.8	18.2	2.3	15.1	-25.0%
Total	77.0	46.4	42.0	44.2	-16.9%