Price for Homogenised Composite Food Preparations in Oman - 2021

Contents:

1. Price for Homogenised Composite Food Preparations in Oman (CIF) - 2022
2. Price for Homogenised Composite Food Preparations in Oman (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Oman
4. Exports of Homogenised Composite Food Preparations in Oman

Price for Homogenised Composite Food Preparations in Oman (CIF) - 2022

The average homogenised composite food preparations import price stood at $2,571 per ton in 2022, with a decrease of -6.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $2,762 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 Malaysia ($3,748 per ton), while the price for Spain ($1,693 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Homogenised Composite Food Preparations in Oman (FOB) - 2022

In 2022, the average homogenised composite food preparations export price amounted to $2,117 per ton, surging by 13% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 151%. Over the period under review, the average export prices reached the peak figure at $2,506 per ton in 2016; however, from 2017 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 Qatar ($5,898 per ton), while the average price for exports to Yemen ($387 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 (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Homogenised Composite Food Preparations in Oman

Homogenised composite food preparations imports into Oman declined to 551 tons in 2022, waning by -3.9% against 2021. Overall, imports faced a deep slump. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year.

In value terms, homogenised composite food preparations imports declined to $1.4M in 2022. In general, imports saw a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 26%.

Top Suppliers of Homogenised Composite Food Preparations to Oman in 2022:

1. United Arab Emirates (399.4 tons)
2. Thailand (34.1 tons)
3. Spain (25.3 tons)
4. India (20.9 tons)
5. Turkey (12.4 tons)
6. Malaysia (12.0 tons)
7. Jordan (9.6 tons)

Exports of Homogenised Composite Food Preparations in Oman

In 2022, after three years of growth, there was significant decline in overseas shipments of homogenised composite food preparationses, when their volume decreased by -24.4% to 285 tons. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 236%.

In value terms, homogenised composite food preparations exports reduced to $604K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 303%.

Top Export Markets for Homogenised Composite Food Preparations from Oman in 2022:

1. Yemen (103.1 tons)
2. Saudi Arabia (81.5 tons)
3. Somalia (79.1 tons)
4. Qatar (19.9 tons)