Price for Tobacco, Unmanufactured; Tobacco Refuse in Oman - 2021

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Oman (FOB) - 2022
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Oman (CIF) - 2022
  3. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Oman
  4. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Oman

Price for Tobacco, Unmanufactured; Tobacco Refuse in Oman (FOB) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse export price amounted to $3,203 per ton, dropping by -10.4% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, unmanufactured; tobacco refuse export price increased by +73.3% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the maximum at $3,576 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 Yemen ($5,352 per ton), while the average price for exports to Somalia ($724 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 (+52.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Oman (CIF) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $4,700 per ton, with a decrease of -18.1% against the previous year. Overall, the import price, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 an increase of 103% against the previous year. As a result, import price reached the peak level of $5,741 per ton, and then fell rapidly in the following year.

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 ($7,021 per ton), while the price for Saudi Arabia ($1,270 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 (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Oman

Tobacco, unmanufactured; tobacco refuse exports from Oman contracted sharply to 700 tons in 2022, waning by -17.6% compared with 2021 figures. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, the exports attained the peak of 849 tons, and then contracted notably in the following year.

In value terms, tobacco, unmanufactured; tobacco refuse exports dropped sharply to $2.2M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 110% against the previous year. As a result, the exports attained the peak of $3M, and then shrank dramatically in the following year.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
YemenN/A12.21,273921768.9%
Qatar41188392666917.6%
Saudi Arabia3083194943575.0%
Bahrain313107260188-15.6%
Kuwait43.441.332.457.59.8%
Somalia37.043.943.934.0-2.8%
United Arab Emirates19.533.04.013.1-12.4%
Others42.98.12.61.8-65.3%
Total1,1751,4473,0362,24124.0%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Oman in 2022:

  1. Saudi Arabia (179.5 tons)
  2. Yemen (172.0 tons)
  3. Qatar (157.8 tons)
  4. Bahrain (98.5 tons)
  5. Somalia (46.9 tons)
  6. Kuwait (28.9 tons)
  7. United Arab Emirates (15.8 tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Oman

In 2022, after three years of growth, there was significant decline in overseas purchases of tobacco, unmanufactured; tobacco refuses, when their volume decreased by -21.6% to 184 tons. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 77%.

In value terms, tobacco, unmanufactured; tobacco refuse imports plummeted to $867K in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 252%. As a result, imports attained the peak of $1.3M, and then declined significantly in the following year.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19030527975258.2%
Egypt1.40.515.984.9292.9%
United Arab Emirates15.764.712.118.65.8%
Saudi Arabia7.38.52.36.1-5.8%
PolandN/AN/A521N/A0%
Others3.94.45194.97.9%
Total2183831,35086758.4%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Oman in 2022:

  1. India (154.0 tons)
  2. Egypt (18.9 tons)
  3. Saudi Arabia (4.8 tons)
  4. United Arab Emirates (2.7 tons)

Source: IndexBox Market Intelligence Platform

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