Oman: Hazelnut Market 2024

Hazelnut Market Size in Oman

The Omani hazelnut market dropped to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, enjoyed significant growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Hazelnut Production in Oman

In value terms, hazelnut production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average hazelnut yield in Oman amounted to less than X kg per ha, therefore, remained relatively stable against the previous year. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of hazelnuts were harvested in Oman; therefore, remained relatively stable against the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

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Hazelnut Exports

Exports from Oman

In 2022, after two years of growth, there was significant decline in overseas shipments of hazelnuts, when their volume decreased by X% to X kg. Overall, exports saw a sharp downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, hazelnut exports declined significantly to $X in 2022. Over the period under review, exports showed a dramatic decline. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Free Zones (X kg) was the main destination for hazelnut exports from Oman, accounting for a approx. X% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of volume to Free Zones was relatively modest.

In value terms, Free Zones ($X) emerged as the key foreign market for hazelnuts exports from Oman.

From 2017 to 2022, the average annual growth rate of value to Free Zones was relatively modest.

Export Prices by Country

The average hazelnut export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2017 to 2022, the rate of growth in terms of prices for Yemen amounted to X% per year.

Hazelnut Imports

Imports into Oman

In 2022, the amount of hazelnuts imported into Oman reduced notably to X tons, dropping by X% against 2021 figures. In general, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, hazelnut imports contracted significantly to $X in 2022. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest hazelnut supplier to Oman, with a X% share of total imports. Moreover, hazelnut imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Qatar (X tons), eightfold. The third position in this ranking was taken by India (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (X% per year) and India (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of hazelnuts to Oman, comprising X% of total imports. The second position in the ranking was taken by Qatar ($X), with an X% share of total imports. It was followed by India, with an X% share.

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

Import Prices by Country

In 2022, the average hazelnut import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price showed prominent growth. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($X per ton) and Qatar ($X per ton), while the price for Tanzania ($X per ton) and India ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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