Oman - Manuka - Market Analysis, Forecast, Size, Trends and Insights
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View PricingManuka Price in Oman - 2021
Contents:
- Manuka Price in Oman (CIF) - 2022
- Manuka Price in Oman (FOB) - 2022
- Manuka Imports in Oman
- Manuka Exports in Oman
Manuka Price in Oman (CIF) - 2022
The average manuka import price stood at $3,513 per ton in 2022, waning by -6.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 15%. As a result, import price attained the peak level of $3,775 per ton, and then fell in the following year.
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 Saudi Arabia ($7,325 per ton), while the price for Iran ($1,530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Manuka Price in Oman (FOB) - 2022
In 2022, the average manuka export price amounted to $4,092 per ton, shrinking by -6.4% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manuka export price increased by +6.2% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 29%. The export price peaked at $4,834 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4,882 per ton), while the average price for exports to Somalia ($932 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 (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.
Manuka Imports in Oman
In 2022, manuka imports into Oman expanded rapidly to 2.8K tons, increasing by 7.5% on the year before. In general, imports, however, recorded a relatively flat trend pattern.
In value terms, manuka imports amounted to $9.9M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of $9.9M; afterwards, it flattened through to 2022.
| Import of Manuka in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 1.6 | 2.4 | 4.4 | 4.2 | 37.9% |
| China | 2.0 | 2.1 | 1.8 | 1.7 | -5.3% |
| Australia | 1.7 | 1.2 | 1.1 | 1.1 | -13.5% |
| India | 0.7 | 0.8 | 0.7 | 0.7 | 0.0% |
| Saudi Arabia | 0.8 | 1.3 | 0.2 | 0.6 | -9.1% |
| United Arab Emirates | 0.5 | 0.5 | 0.3 | 0.4 | -7.2% |
| Iran | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 1.5 | 1.5 | 1.2 | 0.9 | -15.7% |
| Total | 8.9 | 9.9 | 9.9 | 9.9 | 3.6% |
Top Suppliers of Manuka to Oman in 2022:
- China (967.7 tons)
- Yemen (740.1 tons)
- India (389.5 tons)
- Australia (166.4 tons)
- Iran (142.8 tons)
- United Arab Emirates (122.8 tons)
- Saudi Arabia (87.9 tons)
Manuka Exports in Oman
Manuka exports from Oman declined remarkably to 899 tons in 2022, with a decrease of -29.8% against 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 180% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then reduced dramatically in the following year.
In value terms, manuka exports declined sharply to $3.7M in 2022. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 217% against the previous year. As a result, the exports reached the peak of $5.6M, and then plummeted in the following year.
| Export of Manuka in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 1,775 | 781 | 2,150 | 1,225 | -11.6% |
| Saudi Arabia | 70.2 | 22.0 | 1,666 | 949 | 138.2% |
| Lebanon | 1,683 | 555 | 457 | 666 | -26.6% |
| United Arab Emirates | 726 | 211 | 309 | 296 | -25.8% |
| Somalia | 102 | 13.3 | 97.1 | 55.3 | -18.5% |
| Yemen | N/A | 109 | 79.5 | N/A | -27.1% |
| Others | 101 | 73.0 | 838 | 489 | 69.2% |
| Total | 4,458 | 1,764 | 5,596 | 3,680 | -6.2% |
Top Export Markets for Manuka from Oman in 2022:
- Saudi Arabia (297.1 tons)
- Qatar (250.9 tons)
- Lebanon (164.6 tons)
- United Arab Emirates (110.0 tons)
- Somalia (59.4 tons)
This report provides an in-depth analysis of the manuka 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:
- FCL 1182 - Honey
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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This report provides an in-depth analysis of the manuka market in Oman.
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