Price for Tobacco, (Not Stemmed or Stripped) in Oman - 2021

Contents:

  1. Price for Tobacco, (Not Stemmed or Stripped) in Oman (FOB) - 2022
  2. Price for Tobacco, (Not Stemmed or Stripped) in Oman (CIF) - 2022
  3. Exports of Tobacco, (Not Stemmed or Stripped) in Oman
  4. Imports of Tobacco, (Not Stemmed or Stripped) in Oman

Price for Tobacco, (Not Stemmed or Stripped) in Oman (FOB) - 2022

In 2022, the average export price for tobacco, (not stemmed or stripped)s amounted to $3,410 per ton, falling by -5.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 57%. The export price peaked at $3,601 per ton in 2021, and then reduced 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 Qatar ($5,570 per ton), while the average price for exports to Somalia ($833 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 Yemen (+61.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco, (Not Stemmed or Stripped) in Oman (CIF) - 2022

In 2022, the average import price for tobacco, (not stemmed or stripped)s amounted to $4,469 per ton, falling by -3.1% against the previous year. Overall, the import price recorded a mild decrease. The growth pace was the most rapid in 2016 when the average import price increased by 72%. The import price peaked at $8,195 per ton in 2017; however, from 2018 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 the United Arab Emirates ($12,051 per ton), while the price for Pakistan ($1,279 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+65.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tobacco, (Not Stemmed or Stripped) in Oman

In 2022, the amount of tobacco, (not stemmed or stripped)s exported from Oman shrank markedly to 636 tons, waning by -23.7% on 2021 figures. Overall, exports, however, saw a strong expansion. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. As a result, the exports attained the peak of 834 tons, and then declined notably in the following year.

In value terms, tobacco, (not stemmed or stripped) exports contracted sharply to $2.2M in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 124%. As a result, the exports reached the peak of $3M, and then shrank sharply in the following year.

Export of Tobacco, (Not Stemmed or Stripped) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar4048039231,32248.5%
Saudi Arabia29826649247616.9%
Bahrain32397.3242254-7.7%
Kuwait41.997.229.354.59.2%
Somalia38.240.143.945.66.1%
United Arab Emirates20.130.24.017.5-4.5%
Yemen2.7N/A1,269N/A2067.9%
Others5.54.00.60.2-66.9%
Total1,1331,3383,0032,17024.2%

Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Oman in 2022:

  1. Qatar (237.4 tons)
  2. Saudi Arabia (209.2 tons)
  3. Bahrain (95.1 tons)
  4. Somalia (54.7 tons)
  5. Kuwait (21.7 tons)
  6. United Arab Emirates (18.4 tons)

Imports of Tobacco, (Not Stemmed or Stripped) in Oman

In 2022, purchases abroad of tobacco, (not stemmed or stripped)s decreased by -6.1% to 27 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year.

In value terms, tobacco, (not stemmed or stripped) imports dropped to $119K in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year.

Import of Tobacco, (Not Stemmed or Stripped) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A53.20%
United Arab Emirates75.386.798.845.9-15.2%
India12.36.426.217.712.9%
Pakistan0.32.45.72.294.3%
Saudi ArabiaN/A11.4N/AN/A0%
OthersN/A0.3N/AN/A0%
Total88.010713111910.6%

Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Oman in 2022:

  1. Egypt (11.7 tons)
  2. India (9.4 tons)
  3. United Arab Emirates (3.8 tons)
  4. Pakistan (1.7 tons)

Source: IndexBox Market Intelligence Platform

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