Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Oman - 2022
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Oman (CIF) - 2022
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Oman
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Oman (CIF) - 2022
The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $9,677 per ton in 2022, stabilizing at the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 fresh or chilled sheep (including lamb) boneless cutses increased by +65.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 New Zealand ($14,401 per ton), while the price for the United Arab Emirates ($6,441 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+41.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Oman
In 2022, supplies from abroad of fresh or chilled sheep (including lamb) boneless cutses decreased by -13.1% to 200 tons, falling for the second year in a row after two years of growth. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of 434 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses reduced to $1.9M in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. As a result, imports reached the peak of $3.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 904 | 1,528 | 636 | 1,115 | 7.2% |
United Arab Emirates | 32.8 | 45.3 | 73.5 | 764 | 185.6% |
Qatar | 20.4 | 55.6 | 58.8 | 49.8 | 34.6% |
New Zealand | 1,157 | 1,450 | 1,016 | 6.5 | -82.2% |
Tanzania | 113 | 124 | 161 | N/A | 19.4% |
Singapore | 75.1 | 94.7 | 53.6 | N/A | -15.5% |
Others | 117 | 135 | 202 | N/A | 31.4% |
Total | 2,418 | 3,432 | 2,200 | 1,935 | -7.2% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Oman in 2022:
- United Arab Emirates (118.6 tons)
- Australia (77.5 tons)
- Qatar (3.5 tons)
- New Zealand (0.4 tons)
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