Oman - Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Oman - Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Seafood Meals and Pellets in Oman - 2021

Contents:

  1. Price for Seafood Meals and Pellets in Oman (FOB) - 2022
  2. Price for Seafood Meals and Pellets in Oman (CIF) - 2022
  3. Exports of Seafood Meals and Pellets in Oman
  4. Imports of Seafood Meals and Pellets in Oman

Price for Seafood Meals and Pellets in Oman (FOB) - 2022

The average seafood meals and pellets export price stood at $1,339 per ton in 2022, shrinking by -3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The growth pace was the most rapid in 2014 when the average export price increased by 29%. The export price peaked at $1,391 per ton in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($2,325 per ton), while the average price for exports to Taiwan (Chinese) ($846 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 Vietnam (+9.7%), while the prices for the other major destinations experienced a decline.

Price for Seafood Meals and Pellets in Oman (CIF) - 2022

In 2022, the average seafood meals and pellets import price amounted to $829 per ton, increasing by 9.6% against the previous year. Overall, the import price, however, recorded a slight slump. The pace of growth was the most pronounced in 2018 an increase of 34%. Over the period under review, average import prices attained the peak figure at $1,285 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,761 per ton), while the price for the United Arab Emirates ($446 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 (+2.4%), while the prices for the other major suppliers experienced a decline.

Exports of Seafood Meals and Pellets in Oman

Seafood meals and pellets exports from Oman surged to 39K tons in 2022, rising by 20% on the year before. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 116% against the previous year. As a result, the exports reached the peak of 45K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, seafood meals and pellets exports soared to $52M in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 116% against the previous year. As a result, the exports reached the peak of $59M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Seafood Meals and Pellets in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam12.219.218.520.318.5%
Taiwan (Chinese)1.812.616.718.3116.6%
India9.818.42.77.7-7.7%
Saudi Arabia1.21.71.31.712.3%
Turkey0.40.71.11.451.8%
Indonesia0.92.40.81.16.9%
Bangladesh0.51.40.70.50.0%
Others0.72.83.91.426.0%
Total27.559.345.652.424.0%

Top Export Markets for Seafood Meals and Pellets from Oman in 2022:

  1. Taiwan (Chinese) (21.6K tons)
  2. Vietnam (9.9K tons)
  3. India (4.8K tons)
  4. Saudi Arabia (0.8K tons)
  5. Turkey (0.6K tons)
  6. Indonesia (0.5K tons)
  7. Bangladesh (0.3K tons)

Imports of Seafood Meals and Pellets in Oman

In 2022, seafood meals and pellets imports into Oman surged to 165 tons, growing by 168% on the year before. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,004%. As a result, imports attained the peak of 268 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, seafood meals and pellets imports soared to $137K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 627%. As a result, imports reached the peak of $227K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Seafood Meals and Pellets in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22.911937.511571.2%
Belgium0.93.34.812.4139.7%
United States3.513.43.16.925.4%
UruguayN/A86.9N/AN/A0%
Others3.94.11.02.3-16.1%
Total31.222746.513763.8%

Top Suppliers of Seafood Meals and Pellets to Oman in 2022:

  1. India (128.5 tons)
  2. Belgium (26.3 tons)
  3. United States (8.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for seafood meals and pellets 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:

  • Prodcom 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption

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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