Oman: Market for Meat Preparations of Poultry 2024

Market Size for Meat Preparations of Poultry in Oman

In 2022, the Omani meat preparations of poultry market increased by X% to $X, rising for the fifth consecutive year after four years of decline. Over the period under review, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Exports of Meat Preparations of Poultry

Exports from Oman

In 2022, approx. X tons of meat preparations of poultry were exported from Oman; rising by X% compared with 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat preparations of poultry exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Qatar (X tons) was the main destination for meat preparations of poultry exports from Oman, accounting for a X% share of total exports. Moreover, meat preparations of poultry exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bahrain (X% per year).

In value terms, Qatar ($X) emerged as the key foreign market for meat preparations of poultry exports from Oman, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bahrain (X% per year).

Export Prices by Country

The average meat preparations of poultry export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price 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, meat preparations of poultry export price decreased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Qatar ($X 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 Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat Preparations of Poultry

Imports into Oman

In 2022, approx. X tons of meat preparations of poultry were imported into Oman; approximately mirroring the year before. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, meat preparations of poultry imports soared to $X in 2022. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of meat preparations of poultry to Oman, with a X% share of total imports. Moreover, meat preparations of poultry imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), more than tenfold. Kuwait (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, 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: Saudi Arabia (X% per year) and Kuwait (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of meat preparations of poultry to Oman, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2012 to 2022, 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: Saudi Arabia (X% per year) and Kuwait (X% per year).

Import Prices by Country

The average meat preparations of poultry import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price 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, meat preparations of poultry import price decreased by X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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