Price for Animal Products; Bovine Semen in Oman - 2021

Contents:

  1. Price for Animal Products; Bovine Semen in Oman (CIF) - 2022
  2. Imports of Animal Products; Bovine Semen in Oman

Price for Animal Products; Bovine Semen in Oman (CIF) - 2022

The average animal products; bovine semen import price stood at $338 per unit in 2022, with a decrease of -8.3% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal products; bovine semen import price increased by +87.0% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 34%. As a result, import price attained the peak level of $368 per unit, and then declined 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 Qatar ($640 per unit), while the price for the United States stood at $245 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+121.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Animal Products; Bovine Semen in Oman

In 2022, purchases abroad of animal products; bovine semens was finally on the rise to reach 742 units after two years of decline. In general, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at 1.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, animal products; bovine semen imports skyrocketed to $250K in 2022. Overall, imports, however, saw a deep setback. Imports peaked at $304K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Animal Products; Bovine Semen in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States91.412377.413915.0%
Qatar16311237.6111-12.0%
Canada49.7N/AN/AN/A0%
TurkeyN/A64.782.5N/A27.5%
OthersN/AN/A3.1N/A0%
Total304300201250-6.3%

Top Suppliers of Animal Products; Bovine Semen to Oman in 2022:

  1. United States (568.0 units)
  2. Qatar (174.0 units)

Source: IndexBox Market Intelligence Platform

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