Price for Crustacean Preparations; Lobster, Prepared or Preserved in Oman - 2022

Contents:

  1. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Oman (CIF) - 2022
  2. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Oman (FOB) - 2022
  3. Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Oman
  4. Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Oman

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Oman (CIF) - 2022

The average import price for crustacean preparations; lobster, prepared or preserveds stood at $35,528 per ton in 2022, jumping by 285% against the previous year. Over the period under review, the import price recorded buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +3.9% per year.

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Oman (FOB) - 2022

The average export price for crustacean preparations; lobster, prepared or preserveds stood at $19,364 per ton in 2022, flattening at the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 0.7% against the previous year. The export price peaked at $20,822 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Seychelles amounted to -0.7% per year.

Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Oman

In 2022, imports of crustacean preparations; lobster, prepared or preserveds into Oman shrank remarkably to 106 kg, which is down by -74.5% compared with 2021 figures. Over the period under review, imports showed a precipitous contraction. The smallest decline of -2.9% was in 2020.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds declined to $3.8K in 2022. In general, imports saw a significant curtailment.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.40.20.13.4104.1%
Qatar1.05.71.30.4-26.3%
Luxembourg1.7N/AN/AN/A0%
United Arab Emirates12.87.92.5N/A-55.8%
OthersN/AN/AN/AN/A0%
Total15.913.73.83.8-37.9%

Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Oman in 2022:

  1. France (105.0 kg)
  2. Qatar (1.0 kg)

Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Oman

In 2022, the amount of crustacean preparations; lobster, prepared or preserveds exported from Oman amounted to 22 kg, almost unchanged from 2021 figures. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 267% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of crustacean preparations; lobster, prepared or preserveds amounted to $426 in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 266%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Crustacean Preparations; Lobster, Prepared or Preserved in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Seychelles11542142442654.7%
OthersN/AN/AN/AN/A0%
Total11542142442654.7%

Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Oman in 2022:

  1. Seychelles (22.0 kg)

Source: IndexBox Market Intelligence Platform

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