Price for Cereals; Oats, Other than Seed in Oman - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Oman (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Oman (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Oman
- Exports of Cereals; Oats, Other than Seed in Oman
Price for Cereals; Oats, Other than Seed in Oman (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $539 per ton in 2022, dropping by -17.5% against the previous year. In general, the import price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2018 an increase of 65% against the previous year. The import price peaked at $759 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,265 per ton), while the price for Ukraine ($229 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Oats, Other than Seed in Oman (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $683 per ton in 2022, declining by -9.9% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2019 an increase of 46% against the previous year. The export price peaked at $6,414 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,726 per ton), while the average price for exports to Free Zones ($346 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 the United Arab Emirates (-7.0%).
Imports of Cereals; Oats, Other than Seed in Oman
In 2022, the amount of cereals; oats, other than seeds imported into Oman expanded significantly to 1.8K tons, increasing by 6.7% on 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 89%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cereals; oats, other than seed imports dropped to $944K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 151%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereals; Oats, Other than Seed in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 401 | 849 | 771 | 804 | 26.1% |
| Canada | 12.6 | 59.0 | 56.2 | 43.6 | 51.3% |
| Netherlands | 23.2 | 17.7 | 23.0 | 22.0 | -1.8% |
| Sri Lanka | 8.1 | 5.4 | 33.1 | 14.3 | 20.9% |
| Ukraine | 5.1 | 72.3 | 57.5 | 13.1 | 37.0% |
| Australia | 27.5 | 79.4 | 91.0 | 3.0 | -52.2% |
| Others | 25.5 | 177 | 40.7 | 44.5 | 20.4% |
| Total | 503 | 1,259 | 1,073 | 944 | 23.3% |
Top Suppliers of Cereals; Oats, Other than Seed to Oman in 2022:
- United Arab Emirates (1503.7 tons)
- Canada (89.3 tons)
- Ukraine (57.2 tons)
- Netherlands (41.2 tons)
- Sri Lanka (26.7 tons)
- Australia (5.6 tons)
Exports of Cereals; Oats, Other than Seed in Oman
In 2022, overseas shipments of cereals; oats, other than seeds decreased by -89.9% to 2.7 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 715%. As a result, the exports attained the peak of 34 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; oats, other than seed exports declined notably to $1.9K in 2022. In general, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 504%. As a result, the exports attained the peak of $55K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Oats, Other than Seed in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 6.8 | 20.7 | 18.2 | 1.6 | -38.3% |
| United Arab Emirates | 0.9 | 2.0 | 2.3 | 0.2 | -39.4% |
| Free Zones | N/A | N/A | N/A | 0.1 | 0% |
| Saudi Arabia | N/A | 32.2 | N/A | N/A | 0% |
| Others | 1.4 | 0.3 | N/A | N/A | -78.6% |
| Total | 9.1 | 55.2 | 20.5 | 1.9 | -40.7% |
Top Export Markets for Cereals; Oats, Other than Seed from Oman in 2022:
- Yemen (2406.0 kg)
- Free Zones (257.0 kg)
- United Arab Emirates (62.0 kg)
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