Report Update: May 3, 2024

Oman - Medicaments Containing Vitamins And Provitamins - Market Analysis, Forecast, Size, Trends And Insights

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Medicaments Containing Vitamins Price in Oman - 2021

Medicaments Containing Vitamins Price in Oman (CIF) - 2022

In 2022, the average medicaments containing vitamins import price amounted to $20,430 per ton, dropping by -5.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 48%. The import price peaked at $22,620 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($103,670 per ton), while the price for Lebanon ($3,118 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Medicaments Containing Vitamins Price in Oman (FOB) - 2022

In 2022, the average medicaments containing vitamins export price amounted to $7,703 per ton, shrinking by -17.9% against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 176%. The export price peaked at $40,007 per ton in 2016; however, from 2017 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 Jordan ($104,253 per ton), while the average price for exports to Saudi Arabia ($2,164 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 Jordan (+18.8%), while the prices for the other major destinations experienced a decline.

Medicaments Containing Vitamins Imports in Oman

In 2022, the amount of medicaments containing vitamins and provitamins imported into Oman soared to 517 tons, rising by 21% on 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 81%. As a result, imports reached the peak of 645 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, medicaments containing vitamins imports skyrocketed to $11M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 -11.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 74% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Medicaments Containing Vitamins in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	1,835	6,379	4,249	5,495	44.1%
Canada	646	32.9	667	698	2.6%
Germany	523	252	150	653	7.7%
India	210	350	268	347	18.2%
Netherlands	149	183	185	212	12.5%
Vietnam	162	297	116	150	-2.5%
Cyprus	178	192	91.3	116	-13.3%
Belgium	317	559	158	71.9	-39.0%
Bahrain	1.5	112	49.5	64.0	249.4%
Lebanon	31.6	113	42.8	55.4	20.6%
Kuwait	66.6	82.8	34.6	49.5	-9.4%
Pakistan	13.8	15.9	30.0	38.8	41.1%
Others	2,742	3,392	3,135	2,617	-1.5%
Total	6,876	11,961	9,176	10,568	15.4%

Top Suppliers of Medicaments Containing Vitamins to Oman in 2022:

United Arab Emirates (234.3 tons)
India (80.5 tons)
Vietnam (28.5 tons)
Canada (21.8 tons)
Lebanon (17.8 tons)
Cyprus (14.3 tons)
Kuwait (12.3 tons)
Pakistan (11.3 tons)
Bahrain (9.9 tons)
Germany (8.4 tons)
Belgium (7.5 tons)
Netherlands (6.9 tons)

Medicaments Containing Vitamins Exports in Oman

In 2022, the amount of medicaments containing vitamins and provitamins exported from Oman reduced to 86 tons, with a decrease of -3% compared with the year before. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports attained the peak of 88 tons, and then dropped modestly in the following year.

In value terms, medicaments containing vitamins exports declined dramatically to $660K in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year.

Export of Medicaments Containing Vitamins in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Jordan	121	126	197	201	18.4%
Qatar	55.0	170	189	200	53.8%
Yemen	30.9	16.4	120	127	60.2%
United Arab Emirates	26.7	56.6	29.4	58.4	29.8%
Saudi Arabia	18.0	15.4	19.8	16.7	-2.5%
Somalia	N/A	5.7	N/A	N/A	0%
Others	34.9	101	273	55.6	16.8%
Total	287	491	828	660	32.0%

Top Export Markets for Medicaments Containing Vitamins from Oman in 2022:

Yemen (40.3 tons)
United Arab Emirates (20.5 tons)
Qatar (12.5 tons)
Saudi Arabia (7.7 tons)
Jordan (1.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medicaments containing vitamins 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 21201360 - Medicaments containing vitamins, provitamins, derivatives and intermixtures thereof, for therapeutic or prophylactic uses, put up in measured doses or for retail sale

Country coverage:

Oman

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023