Report Update: May 1, 2024

Oman - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fish Meals and Pellet in Oman - 2021

Price for Fish Meals and Pellet in Oman (CIF) - 2022

In 2022, the average fish meals and pellet import price amounted to $4,293 per ton, approximately equating the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19%. The import price peaked at $7,150 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 Malaysia ($4,435 per ton), while the price for Yemen ($650 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Meals and Pellet in Oman (FOB) - 2022

In 2022, the average fish meals and pellet export price amounted to $1,224 per ton, therefore, remained relatively stable against the previous year. In general, the export price saw a deep slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices hit record highs at $7,164 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($1,235 per ton), while the average price for exports to the United Arab Emirates amounted to $540 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (-4.6%).

Imports of Fish Meals and Pellet in Oman

In 2022, approx. 7.9 tons of flours, meals and pellets of fish were imported into Oman; picking up by 2.5% compared with 2021 figures. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 66%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, fish meals and pellet imports totaled $34K in 2022. Overall, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 58%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fish Meals and Pellet in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	10.7	4.9	19.6	18.0	18.9%
Malaysia	16.7	12.3	6.8	11.0	-13.0%
Thailand	2.2	0.4	4.3	3.7	18.9%
Myanmar	N/A	1.4	0.4	N/A	-71.4%
Bahrain	N/A	N/A	0.5	N/A	0%
Others	2.4	2.2	2.0	1.2	-20.6%
Total	32.0	21.1	33.5	34.0	2.0%

Top Suppliers of Fish Meals and Pellet to Oman in 2022:

United Arab Emirates (4.2 tons)
Malaysia (2.5 tons)
Thailand (1.1 tons)

Exports of Fish Meals and Pellet in Oman

For the fourth year in a row, Oman recorded growth in shipments abroad of flours, meals and pellets of fish, which increased by 0.5% to 114 tons in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 51% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, fish meals and pellet exports totaled $139K in 2022. The total export value increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Fish Meals and Pellet in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Egypt	73.9	98.1	122	125	19.1%
United Arab Emirates	3.9	9.1	6.7	6.3	17.3%
Myanmar	6.7	N/A	N/A	N/A	0%
Others	10.8	15.1	9.5	7.9	-9.9%
Total	95.2	122	138	139	13.4%

Top Export Markets for Fish Meals and Pellet from Oman in 2022:

Egypt (101.1 tons)
United Arab Emirates (11.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fish meals and pellet in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023