Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman - 2022

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman (CIF) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman (FOB) - 2022
3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman
4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $1,605 per ton in 2022, falling by -27.1% against the previous year. Over the period under review, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 163%. The import price peaked at $2,400 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 United States ($2,679 per ton), while the price for Turkey ($565 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman (FOB) - 2022

In 2021, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $5,571 per ton, stabilizing at the previous year. Overall, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 673%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2015 to 2021, the rate of growth in terms of prices for Qatar amounted to 0.0% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman

In 2022, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) into Oman soared to 134 tons, growing by 19% on 2021 figures. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 190%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) declined to $215K in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 146% against the previous year.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Oman in 2022:

1. India (45.1 tons)
2. United Arab Emirates (35.7 tons)
3. United States (33.6 tons)
4. Saudi Arabia (19.4 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Oman

In 2021, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) exported from Oman totaled 42 kg, remaining stable against the previous year. Overall, exports recorded a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $234 in 2021. Over the period under review, exports showed a temperate expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the near future.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Oman in 2022:

1. Qatar (42.0 kg)

Source: IndexBox Market Intelligence Platform