Oman - Soups And Broths - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoups Price in Oman - 2021
Contents:
- Soups Price in Oman (CIF) - 2022
- Soups Price in Oman (FOB) - 2022
- Soups Imports in Oman
- Soups Exports in Oman
Soups Price in Oman (CIF) - 2022
The average soups import price stood at $3,850 per ton in 2022, growing by 8.9% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soups import price decreased by -9.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $4,252 per ton. From 2021 to 2022, the average import prices remained 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 UK ($6,398 per ton), while the price for Jordan ($823 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Soups Price in Oman (FOB) - 2022
In 2022, the average soups export price amounted to $3,049 per ton, picking up by 8.7% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soups export price decreased by -21.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 85%. Over the period under review, the average export prices attained the maximum at $3,897 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 Qatar ($9,143 per ton), while the average price for exports to Yemen ($513 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 the United Arab Emirates (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Soups Imports in Oman
In 2022, after three years of growth, there was significant decline in purchases abroad of soups and broths, when their volume decreased by -11.2% to 2.8K tons. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports attained the peak of 3.2K tons, and then dropped in the following year.
In value terms, soups imports reduced slightly to $11M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +60.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year.
| Import of Soups in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.2 | 5.6 | 3.9 | 3.9 | 6.8% |
| Egypt | 1.2 | 1.5 | 2.3 | 3.3 | 40.1% |
| Malaysia | 0.7 | 1.1 | 0.8 | 1.2 | 19.7% |
| Turkey | 0.9 | 0.9 | 0.3 | 1.1 | 6.9% |
| Saudi Arabia | N/A | 0.4 | 0.4 | 0.5 | 11.8% |
| United Kingdom | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Jordan | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.5 | 0.7 | 3.4 | 0.5 | 0.0% |
| Total | 6.8 | 10.5 | 11.3 | 10.9 | 17.0% |
Top Suppliers of Soups to Oman in 2022:
- Egypt (878.0 tons)
- Spain (851.4 tons)
- Malaysia (475.7 tons)
- Turkey (319.5 tons)
- Saudi Arabia (90.9 tons)
- Jordan (68.4 tons)
- United Kingdom (45.4 tons)
Soups Exports in Oman
In 2022, after three years of growth, there was significant decline in overseas shipments of soups and broths, when their volume decreased by -18.9% to 2K tons. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year. As a result, the exports reached the peak of 2.4K tons, and then reduced dramatically in the following year.
In value terms, soups exports fell to $6M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +36.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $6.9M, and then dropped in the following year.
| Export of Soups in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 3.3 | 3.4 | 5.9 | 4.8 | 13.3% |
| Qatar | 1.0 | 1.8 | 0.9 | 1.2 | 6.3% |
| Yemen | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 4.4 | 5.2 | 6.9 | 6.0 | 10.9% |
Top Export Markets for Soups from Oman in 2022:
- Somalia (1802.6 tons)
- Qatar (127.2 tons)
- Yemen (37.9 tons)
This report provides an in-depth analysis of the soups market 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 10891100 - Soups and broths and preparations therefor
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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