Oman: Casein And Caseinates Market 2022

Casein And Caseinates Market Size in Oman

In 2021, the Omani casein and caseinates market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Casein And Caseinates Production in Oman

In value terms, casein and caseinates production dropped to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Casein And Caseinates Exports

Exports from Oman

In 2021, overseas shipments of casein and caseinates decreased by X% to less than X kg for the first time since 2017, thus ending a three-year declining trend. In general, exports showed a significant increase. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, casein and caseinates exports amounted to less than $X in 2021. Over the period under review, exports continue to indicate a mild curtailment. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Tanzania (X kg) was the main destination for casein and caseinates exports from Oman, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Tanzania stood at -X%.

In value terms, Tanzania ($X) also remains the key foreign market for casein and caseinates exports from Oman.

From 2012 to 2018, the average annual growth rate of value to Tanzania stood at -X%.

Export Prices by Country

In 2018, the average casein and caseinates export price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the export price recorded a precipitous decline. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2018, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2018, the rate of growth in terms of prices for Tanzania amounted to -X% per year.

Casein And Caseinates Imports

Imports into Oman

In 2021, approx. X kg of casein and caseinates were imported into Oman; dropping by -X% compared with the year before. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, casein and caseinates imports fell notably to $X in 2021. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X kg) was the main casein and caseinates supplier to Oman, with a X% share of total imports. Moreover, casein and caseinates imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Malaysia (X kg), tenfold.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled -X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of casein and caseinates to Oman, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +X%.

Import Prices by Country

In 2021, the average casein and caseinates import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Malaysia ($X per ton), while the price for the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+X%).

Source: IndexBox Platform