Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman - 2022

Contents:

  1. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman (CIF) - 2022
  2. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman (FOB) - 2022
  3. Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman
  4. Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman (CIF) - 2022

In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $2,904 per ton, growing by 2.4% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. As a result, import price reached the peak level of $4,208 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($6,450 per ton), while the price for Turkey ($1,321 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman (FOB) - 2022

The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $6,841 per ton in 2022, with an increase of 68% against the previous year. Over the period under review, the export price recorded strong growth. Over the period under review, the average export prices reached the maximum at $6,943 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($6,917 per ton) and the United Arab Emirates ($6,846 per ton), while the average price for exports to Qatar ($6,846 per ton) and Yemen ($6,846 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman

Imports of cheese, other than blue-veined, grated, powdered or processed into Oman amounted to 11K tons in 2022, approximately equating 2021. The total import volume increased at an average annual rate of +14.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 28%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of cheese, other than blue-veined, grated, powdered or processed stood at $31M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark7.718.312.613.320.0%
United Arab Emirates3.81.42.04.55.8%
GermanyN/A0.33.33.4236.7%
Saudi Arabia3.14.02.91.8-16.6%
Egypt0.70.40.91.631.7%
India1.41.31.21.3-2.4%
Netherlands1.30.60.70.7-18.6%
United States3.11.63.20.7-39.1%
Turkey0.40.40.60.614.5%
Others5.21.42.32.9-17.7%
Total26.729.729.730.84.9%

Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Oman in 2022:

  1. Denmark (6.6K tons)
  2. Egypt (1.1K tons)
  3. United Arab Emirates (0.7K tons)
  4. Turkey (0.5K tons)
  5. Germany (0.5K tons)
  6. Saudi Arabia (0.3K tons)
  7. India (0.2K tons)
  8. Netherlands (0.1K tons)
  9. United States (0.1K tons)

Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman

In 2022, after three years of growth, there was significant decline in overseas shipments of cheese, other than blue-veined, grated, powdered or processed, when their volume decreased by -31.9% to 877 tons. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 130% against the previous year.

In value terms, exports of cheese, other than blue-veined, grated, powdered or processed rose significantly to $6M in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 186%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A4.70%
Qatar0.60.20.10.810.1%
YemenN/A1.74.90.4-51.5%
Others0.10.20.2N/A41.4%
Total0.72.15.26.0104.7%

Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Oman in 2022:

  1. United Arab Emirates (690.6 tons)
  2. Qatar (120.0 tons)
  3. Yemen (63.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; cheese (not grated, powdered or processed), n.e.s. in heading no. 0406 - Oman