Price for Fish; Live, Ornamental, Other than Freshwater in Oman - 2022

Contents:

  1. Price for Fish; Live, Ornamental, Other than Freshwater in Oman (CIF) - 2022
  2. Price for Fish; Live, Ornamental, Other than Freshwater in Oman (FOB) - 2022
  3. Imports of Fish; Live, Ornamental, Other than Freshwater in Oman
  4. Exports of Fish; Live, Ornamental, Other than Freshwater in Oman

Price for Fish; Live, Ornamental, Other than Freshwater in Oman (CIF) - 2022

In 2022, the average import price for fish; live, ornamental, other than freshwater amounted to $10,170 per ton, growing by 30% against the previous year. Over the period under review, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 107%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($54,345 per ton), while the price for India ($8,467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Live, Ornamental, Other than Freshwater in Oman (FOB) - 2022

In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $17,219 per ton, approximately mirroring the previous year. Overall, the export price posted a significant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 286%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($17,242 per ton), while the average price for exports to the United Arab Emirates totaled $17,198 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+66.7%).

Imports of Fish; Live, Ornamental, Other than Freshwater in Oman

In 2022, imports of fish; live, ornamental, other than freshwater into Oman expanded slightly to 8.2 tons, increasing by 4.3% on the previous year. In general, imports showed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 579% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of fish; live, ornamental, other than freshwater skyrocketed to $83K in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 903% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Fish; Live, Ornamental, Other than Freshwater in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand6.02.017.249.3101.8%
India3.31.523.121.386.2%
Sri Lanka1.5N/A4.49.585.0%
United Arab Emirates17.00.52.6N/A-60.9%
Singapore5.61.711.1N/A40.8%
Others0.50.42.93.081.7%
Total33.86.161.283.135.0%

Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Oman in 2022:

  1. Thailand (5.5 tons)
  2. India (2.5 tons)
  3. Sri Lanka (0.2 tons)

Exports of Fish; Live, Ornamental, Other than Freshwater in Oman

In 2022, shipments abroad of fish; live, ornamental, other than freshwater decreased by 0% to 201 kg, falling for the second year in a row after two years of growth. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 15%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of fish; live, ornamental, other than freshwater amounted to $3.5K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 345% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Fish; Live, Ornamental, Other than Freshwater in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates52.0319N/A1,823227.3%
Free ZonesN/AN/AN/A1,6380%
Sri LankaN/A1,153N/AN/A0%
Saudi Arabia258N/AN/AN/A0%
Others21.0N/AN/AN/A0%
Total3311,472N/A3,461118.7%

Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Oman in 2022:

  1. United Arab Emirates (106.0 kg)
  2. Free Zones (95.0 kg)

Source: IndexBox Market Intelligence Platform

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