Oman: Pasta Products Market 2024

Pasta Products Market Size in Oman

For the third year in a row, the Omani pasta products market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Pasta Products Production in Oman

In value terms, pasta products production fell to $X in 2022 estimated in export price. Overall, production posted a buoyant increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Pasta Products Exports

Exports from Oman

Pasta products exports from Oman shrank rapidly to X tons in 2022, falling by X% compared with the previous year. In general, exports recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced notably in the following year.

In value terms, pasta products exports fell dramatically to $X in 2022. Overall, exports, however, saw slight growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

Iran (X tons) was the main destination for pasta products exports from Oman, with a X% share of total exports. Moreover, pasta products exports to Iran exceeded the volume sent to the second major destination, Qatar (X kg), fourfold. The third position in this ranking was held by Singapore (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iran stood at X.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Singapore (X% per year).

In value terms, Iran ($X) emerged as the key foreign market for dried, undried and frozen pasta and pasta products exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with an X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Iran totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the average pasta products export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Singapore ($X per ton) and Qatar ($X per ton), while the average price for exports to Yemen ($X per ton) and Iran ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Imports

Imports into Oman

In 2022, the amount of dried, undried and frozen pasta and pasta products imported into Oman shrank modestly to X tons, approximately mirroring the year before. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell slightly in the following year.

In value terms, pasta products imports rose modestly to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of pasta products to Oman, with a X% share of total imports. Moreover, pasta products imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of dried, undried and frozen pasta and pasta products to Oman, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Import Prices by Country

The average pasta products import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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