Price for Tobacco; Partly or Wholly Stemmed or Stripped in Oman - 2022

Contents:

  1. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Oman (CIF) - 2022
  2. Price for Tobacco; Partly or Wholly Stemmed or Stripped in Oman (FOB) - 2022
  3. Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Oman
  4. Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Oman

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Oman (CIF) - 2022

The average import price for tobacco; partly or wholly stemmed or stripped stood at $5,208 per ton in 2022, dropping by -45.2% against the previous year. Overall, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2020 an increase of 54%. The import price peaked at $11,064 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($5,208 per ton), while the price for Egypt totaled $5,208 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+160.4%).

Price for Tobacco; Partly or Wholly Stemmed or Stripped in Oman (FOB) - 2022

In 2022, the average export price for tobacco; partly or wholly stemmed or stripped amounted to $4,869 per ton, increasing by 221% against the previous year. Overall, the export price, however, saw a noticeable contraction. The export price peaked at $10,289 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($4,870 per ton), while the average price for exports to Kuwait stood at $4,869 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+36.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Oman

In 2022, imports of tobacco; partly or wholly stemmed or stripped into Oman soared to 1.6K tons, growing by 23,136% on the previous year. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tobacco; partly or wholly stemmed or stripped soared to $8.2M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 28,186%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Tobacco; Partly or Wholly Stemmed or Stripped in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A8.00%
EgyptN/AN/AN/A0.20%
OthersN/AN/A0.1N/A0%
TotalN/AN/A0.18.28100.0%

Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Oman in 2022:

  1. Saudi Arabia (1531.9 tons)
  2. Egypt (38.6 tons)

Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Oman

In 2022, exports of tobacco; partly or wholly stemmed or stripped from Oman was estimated at 9.2 tons, remaining relatively unchanged against the previous year. Overall, exports continue to indicate measured growth. The most prominent rate of growth was recorded in 2020 with an increase of 324% against the previous year. As a result, the exports reached the peak of 35 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tobacco; partly or wholly stemmed or stripped soared to $45K in 2022. Over the period under review, exports recorded a tangible expansion.

Export of Tobacco; Partly or Wholly Stemmed or Stripped in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar11.424.30.126.532.5%
Kuwait1.66.40.118.1124.5%
United States17.2N/AN/AN/A0%
IndiaN/A3.00.1N/A-96.7%
United Arab EmiratesN/AN/A12.6N/A0%
Saudi Arabia11.256.90.7N/A-75.0%
Others0.30.90.3N/A0.0%
Total41.791.613.844.62.3%

Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Oman in 2022:

  1. Qatar (5.4 tons)
  2. Kuwait (3.7 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Tobacco; partly or wholly stemmed or stripped - Oman