Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman - 2022

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman (CIF) - 2022
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman (FOB) - 2022
3. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman
4. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman (CIF) - 2022

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $909 per ton, reducing by -6.1% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -14.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 65% against the previous year. As a result, import price reached the peak level of $1,061 per ton. From 2020 to 2022, the average 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 Egypt ($1,307 per ton), while the price for Tanzania ($322 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $604 per ton, falling by -8.8% against the previous year. Over the period under review, the export price, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2013 an increase of 161%. The export price peaked at $2,453 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($614 per ton), while the average price for exports to Yemen ($517 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 Qatar (+5.7%), while the prices for the other major destinations experienced a decline.

Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman

In 2022, supplies from abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -15.8% to 633 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 98%.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 reduced notably to $576K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 72%. As a result, imports reached the peak of $728K, and then reduced notably in the following year.

Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Oman in 2022:

1. United Arab Emirates (512.2 tons)
2. India (64.3 tons)
3. Egypt (17.5 tons)
4. Tanzania (13.9 tons)

Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Oman

In 2022, overseas shipments of flour and meal; of the dried leguminous vegetables of heading no. 0713 were finally on the rise to reach 110 tons after two years of decline. In general, exports, however, showed a abrupt curtailment.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 surged to $66K in 2022. Overall, exports, however, continue to indicate a dramatic slump.

Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Oman in 2022:

1. Qatar (97.3 tons)
2. Yemen (7.1 tons)
3. United Arab Emirates (5.8 tons)

Source: IndexBox Market Intelligence Platform