Price for Fish; Edible Offal, Shark Fins in Oman - 2021

Contents:

1. Price for Fish; Edible Offal, Shark Fins in Oman (FOB) - 2022
2. Price for Fish; Edible Offal, Shark Fins in Oman (CIF) - 2022
3. Exports of Fish; Edible Offal, Shark Fins in Oman
4. Imports of Fish; Edible Offal, Shark Fins in Oman

Price for Fish; Edible Offal, Shark Fins in Oman (FOB) - 2022

The average export price for fish; edible offal, shark finses stood at $31,242 per ton in 2022, surging by 60% against the previous year. Overall, the export price showed a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 97%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Hong Kong SAR ($32,400 per ton), while the average price for exports to the United Arab Emirates ($3,761 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 Saudi Arabia (+34.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish; Edible Offal, Shark Fins in Oman (CIF) - 2022

In 2022, the average import price for fish; edible offal, shark finses amounted to $6,854 per ton, shrinking by -12.3% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 83%. Over the period under review, average import prices attained the peak figure at $52,799 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Arab Emirates ($10,570 per ton), while the price for Yemen totaled $6,476 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-14.9%), while the prices for the other major suppliers experienced a decline.

Exports of Fish; Edible Offal, Shark Fins in Oman

In 2022, the amount of fish; edible offal, shark finses exported from Oman shrank significantly to 50 tons, with a decrease of -66.1% on 2021. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,171%. As a result, the exports attained the peak of 148 tons, and then contracted sharply in the following year.

In value terms, fish; edible offal, shark fins exports declined remarkably to $1.6M in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,079% against the previous year. As a result, the exports reached the peak of $2.9M, and then contracted significantly in the following year.

Top Export Markets for Fish; Edible Offal, Shark Fins from Oman in 2022:

1. Hong Kong SAR (47.9 tons)
2. Singapore (1.2 tons)
3. United Arab Emirates (1.0 tons)

Imports of Fish; Edible Offal, Shark Fins in Oman

In 2022, approx. 1.2 tons of fish; edible offal, shark finses were imported into Oman; picking up by 248% against the previous year. Overall, imports, however, showed a precipitous slump.

In value terms, fish; edible offal, shark fins imports skyrocketed to $8.3K in 2022. In general, imports, however, faced a sharp downturn.

Top Suppliers of Fish; Edible Offal, Shark Fins to Oman in 2022:

1. Yemen (1095.0 kg)
2. United Arab Emirates (111.0 kg)

Source: IndexBox Market Intelligence Platform