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Oman - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
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Oman: Extracts Of Tea Market Overview 2021

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Extracts Of Tea Market Size in Oman

In 2020, the Omani extracts of tea market decreased by -X% to $X, falling for the third consecutive year after four years of growth. In general, consumption saw a prominent expansion. The growth pace was the most rapid in 2016 when the market value increased by X% y-o-y. Extracts of tea consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Extracts Of Tea Production in Oman

In value terms, extracts of tea production reduced slightly to $X in 2020 estimated in export prices. Overall, production recorded strong growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2020, production failed to regain the momentum.

Extracts Of Tea Exports

Exports from Oman

For the fourth year in a row, Oman recorded growth in shipments abroad of extracts, essences and concentrates of tea or mate, which increased by X% to X tonnes in 2020. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the maximum in 2020 and are likely to see gradual growth in years to come.

In value terms, extracts of tea exports surged to $X in 2020. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

Qatar (X tonnes) was the main destination for extracts of tea exports from Oman, accounting for a X% share of total exports. Moreover, extracts of tea exports to Qatar exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), tenfold.

From 2007 to 2020, the average annual growth rate of volume to Qatar totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Canada (+X% per year).

In value terms, Qatar ($X) remains the key foreign market for extracts of tea exports from Oman, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Qatar stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Saudi Arabia (+X% per year).

Export Prices by Country

The average extracts of tea export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Overall, the export price recorded a mild descent. The growth pace was the most rapid in 2016 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2017 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced a decline.

Extracts Of Tea Imports

Imports into Oman

For the fourth consecutive year, Oman recorded decline in supplies from abroad of extracts, essences and concentrates of tea or mate, which decreased by -X% to X tonnes in 2020. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2015 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, extracts of tea imports surged to $X in 2020. Over the period under review, imports, however, showed resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2015 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, the United Arab Emirates (X tonnes) constituted the largest supplier of extracts of tea to Oman, with a X% share of total imports. Moreover, extracts of tea imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), more than tenfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the United Arab Emirates totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and the Netherlands (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

In 2020, the average extracts of tea import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Malaysia ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for extracts, essences and concentrates of tea or mate in the world?
+
China (177K tonnes) remains the largest extracts of tea consuming country worldwide, comprising approx. 18% of total volume. Moreover, extracts of tea consumption in China exceeded the figures recorded by the second-largest consumer, India (70K tonnes), threefold. The U.S. (54K tonnes) ranked third in terms of total consumption with a 5.6% share.
What are the largest producers of extracts, essences and concentrates of tea or mate in the world?
+
China (188K tonnes) constituted the country with the largest volume of extracts of tea production, comprising approx. 21% of total volume. Moreover, extracts of tea production in China exceeded the figures recorded by the second-largest producer, India (76K tonnes), twofold. The third position in this ranking was occupied by Japan (38K tonnes), with a 4.1% share.
What are the leading suppliers of extracts, essences and concentrates of tea or mate to Oman?
+
In value terms, the United Arab Emirates ($390K) constituted the largest supplier of extracts of tea to Oman, comprising 53% of total imports. The second position in the ranking was occupied by the Netherlands ($94K), with a 13% share of total imports. It was followed by Malaysia, with a 12% share.
What are the leading importers of extracts, essences and concentrates of tea or mate from Oman?
+
In value terms, Qatar ($238K) remains the key foreign market for extracts of tea exports from Oman, comprising 81% of total exports. The second position in the ranking was occupied by Canada ($37K), with a 13% share of total exports.
What is the average export price for extracts, essences and concentrates of tea or mate in Oman?
+
The average extracts of tea export price stood at $3,864 per tonne in 2020, declining by -43.6% against the previous year.
What is the average import price for extracts, essences and concentrates of tea or mate in Oman?
+
In 2020, the average extracts of tea import price amounted to $9,137 per tonne, surging by 47% against the previous year.

Product coverage:
• Prodcom 10831400 - Extracts, essences and concentrates of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or mate

This report provides an in-depth analysis of the extracts of tea 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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