Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman - 2022

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman (CIF) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman (FOB) - 2022
  3. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman
  4. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman (CIF) - 2022

The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $8,036 per ton in 2022, reducing by -2.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2017 an increase of 31% against the previous year. The import price peaked at $9,024 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($8,002 per ton), while the price for India totaled $7,989 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.3%).

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman (FOB) - 2022

In 2022, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $7,817 per ton, with an increase of 53% against the previous year. Over the last five-year period, it increased at an average annual rate of +5.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($7,821 per ton), while the average price for exports to the United Arab Emirates ($7,813 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+6.8%).

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman

In 2022, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 into Oman fell dramatically to 56 tons, with a decrease of -28.6% against the previous year's figure. Over the period under review, imports recorded a sharp reduction. The smallest decline of -23% was in 2021.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 fell dramatically to $453K in 2022. Overall, imports recorded a precipitous shrinkage. The smallest decline of -23.3% was in 2021.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,101821632437-26.5%
Saudi Arabia88.70.1N/AN/A-99.9%
Others19.228.819.515.2-7.5%
Total1,209850651453-27.9%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Oman in 2022:

  1. United Arab Emirates (54.7 tons)

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman

In 2022, shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -16.8% to 17 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a slight increase. The pace of growth appeared the most rapid in 2020 with an increase of 95%. As a result, the exports attained the peak of 32 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 soared to $133K in 2022. Overall, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 87% against the previous year. As a result, the exports attained the peak of $183K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar97.51831041217.5%
Free ZonesN/AN/AN/A6.50%
United Arab EmiratesN/AN/AN/A3.60%
Others0.2N/AN/A1.595.7%
Total97.718310413310.8%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Oman in 2022:

  1. Qatar (15.5 tons)
  2. Free Zones (0.8 tons)
  3. United Arab Emirates (0.5 tons)

Source: IndexBox Market Intelligence Platform

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