Oman - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Oman - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Price for Powdered, Evaporated and Condensed Milk in Oman - 2021

Contents:

  1. Price for Powdered, Evaporated and Condensed Milk in Oman (CIF) - 2022
  2. Price for Powdered, Evaporated and Condensed Milk in Oman (FOB) - 2022
  3. Imports of Powdered, Evaporated and Condensed Milk in Oman
  4. Exports of Powdered, Evaporated and Condensed Milk in Oman

Price for Powdered, Evaporated and Condensed Milk in Oman (CIF) - 2022

In 2022, the average import price for powdered, evaporated and condensed milk amounted to $2,274 per ton, with a decrease of -3.1% against the previous year. Over the period under review, the import price recorded a slight setback. The most prominent rate of growth was recorded in 2013 an increase of 16%. As a result, import price reached the peak level of $2,976 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($3,714 per ton), while the price for Saudi Arabia ($1,331 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 (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powdered, Evaporated and Condensed Milk in Oman (FOB) - 2022

The average export price for powdered, evaporated and condensed milk stood at $2,758 per ton in 2022, growing by 4.4% against the previous year. Overall, the export price, however, showed a noticeable contraction. The growth pace was the most rapid in 2017 when the average export price increased by 15%. As a result, the export price attained the peak level of $4,243 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($4,633 per ton), while the average price for exports to Libya ($742 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 Mauritania (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powdered, Evaporated and Condensed Milk in Oman

After two years of decline, supplies from abroad of powdered, evaporated and condensed milk increased by 0.4% to 173K tons in 2022. Over the period under review, imports, however, saw a slight descent.

In value terms, powdered, evaporated and condensed milk imports reduced to $394M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 6.2% against the previous year.

Import of Powdered, Evaporated and Condensed Milk in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates81.460.859.130956.0%
Saudi Arabia33.725.836.634.40.7%
Netherlands41.737.240.919.1-22.9%
Denmark87.360.796.42.0-71.6%
New Zealand24.738.344.42.0-56.7%
Belgium30.473.773.60.3-78.6%
Others60.785.854.027.0-23.7%
Total3603824053943.1%

Top Suppliers of Powdered, Evaporated and Condensed Milk to Oman in 2022:

  1. United Arab Emirates (119.5K tons)
  2. Saudi Arabia (25.9K tons)
  3. Netherlands (11.4K tons)
  4. New Zealand (1.0K tons)
  5. Denmark (0.5K tons)
  6. Belgium (0.1K tons)

Exports of Powdered, Evaporated and Condensed Milk in Oman

Powdered, evaporated and condensed milk exports from Oman declined to 32K tons in 2022, which is down by -3.1% compared with 2021 figures. Over the period under review, exports faced a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 6.9% against the previous year.

In value terms, powdered, evaporated and condensed milk exports stood at $88M in 2022. Overall, exports recorded a dramatic decline.

Export of Powdered, Evaporated and Condensed Milk in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates52.120.717.946.9-3.4%
Qatar54.114.112.221.7-26.3%
Maldives7.9N/A7.05.1-13.6%
Libya2.63.43.14.015.4%
Saudi Arabia10943.134.82.4-72.0%
Bahrain6.02.11.32.1-29.5%
Mauritania0.10.32.01.9166.8%
Yemen0.52.62.91.440.9%
Others8.32.96.02.4-33.9%
Total24089.187.088.0-28.4%

Top Export Markets for Powdered, Evaporated and Condensed Milk from Oman in 2022:

  1. United Arab Emirates (14.2K tons)
  2. Libya (5.3K tons)
  3. Qatar (5.2K tons)
  4. Yemen (1.6K tons)
  5. Saudi Arabia (1.2K tons)
  6. Maldives (1.1K tons)
  7. Mauritania (0.8K tons)
  8. Bahrain (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk
  • FCL 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Oman
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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