Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman - 2022

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman (CIF) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman (FOB) - 2022
  3. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman
  4. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman (CIF) - 2022

The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $5,963 per ton in 2022, which is down by -2.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 101%. The import price peaked at $15,308 per ton in 2012; however, from 2013 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 China ($7,318 per ton), while the price for the United Arab Emirates ($1,433 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+27.6%), while the prices for the other major suppliers experienced a decline.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman (FOB) - 2022

In 2020, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $10,000 per ton, shrinking by -46.7% against the previous year. Over the period under review, the export price faced a precipitous decline. The export price peaked at $18,769 per ton in 2019, and then shrank rapidly in the following year.

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

From 2019 to 2020, the rate of growth in terms of prices for Iran amounted to 0.0% per year.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman

Imports of edible products of animal origin; not elsewhere specified or includeds into Oman reached 64 tons in 2022, surging by 2.5% compared with 2021. The total import volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds dropped to $380K in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $382K, leveling off in the following year.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21324434133816.6%
Saudi Arabia26.926.828.428.41.8%
United Arab Emirates4.42.20.10.2-64.3%
Others31.624.412.013.1-25.4%
Total27629838238011.2%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Oman in 2022:

  1. China (46.2 tons)
  2. Saudi Arabia (16.9 tons)
  3. United Arab Emirates (0.1 tons)

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman

In 2020, approx. 26 kg of edible products of animal origin; not elsewhere specified or includeds were exported from Oman; growing by 100% against the previous year. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds rose significantly to $260 in 2020. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Oman (USD)
COUNTRY20192020CAGR,
2019-2020
IranN/A2600%
Democratic Republic of the Congo244N/A0%
OthersN/AN/A0%
Total2442606.6%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Oman in 2022:

  1. Iran (26.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Edible products of animal origin; not elsewhere specified or included - Oman