Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman - 2022

Contents:

1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman (CIF) - 2022
2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman (FOB) - 2022
3. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman
4. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman (CIF) - 2022

In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,851 per ton, rising by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2019 an increase of 53%. Over the period under review, average import prices hit record highs at $2,284 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 Australia ($2,130 per ton), while the price for Singapore ($912 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.1%), while the prices for the other major suppliers experienced a decline.

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman (FOB) - 2022

In 2022, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $896 per ton, falling by -5.3% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2020 when the average export price increased by 115%. As a result, the export price attained the peak level of $2,145 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($914 per ton), while the average price for exports to Bahrain amounted to $876 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman

In 2022, the amount of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen imported into Oman soared to 152 tons, with an increase of 21% compared with 2021. In general, imports showed prominent growth. The growth pace was the most rapid in 2021 when imports increased by 194%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen soared to $281K in 2022. Overall, imports continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2021 when imports increased by 202% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Oman in 2022:

1. United Arab Emirates (51.5 tons)
2. Australia (48.0 tons)
3. Ethiopia (27.8 tons)
4. New Zealand (15.8 tons)
5. Singapore (4.0 tons)
6. Pakistan (3.3 tons)

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Oman

In 2022, the amount of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen exported from Oman skyrocketed to 24 tons, increasing by 79% compared with 2021 figures. In general, exports, however, saw a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of 125%. As a result, the exports reached the peak of 56 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen surged to $21K in 2022. Over the period under review, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 383%. As a result, the exports reached the peak of $120K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Oman in 2022:

1. United Arab Emirates (12.4 tons)
2. Bahrain (11.2 tons)

Source: IndexBox Market Intelligence Platform