Oman: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Oman

In 2022, after four years of decline, there was significant growth in the Omani market for mixed condiments, sauses and seasonings, when its value increased by X% to $X. In general, the total consumption indicated moderate growth 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 decreased by X% against 2017 indices. Mixed condiment, sause and seasoning consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Mixed Condiments, Sauses and Seasonings in Oman

In value terms, mixed condiment, sause and seasoning production reached $X in 2022 estimated in export price. Overall, the total production indicated a temperate 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, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Oman

In 2022, after two years of growth, there was significant decline in shipments abroad of mixed condiments, sauses and seasonings, when their volume decreased by X% to X tons. Over the period under review, total exports indicated a measured expansion from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, mixed condiment, sause and seasoning exports rose significantly to $X in 2022. Overall, exports, however, posted resilient growth. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and Kuwait (X tons) were the main destinations of mixed condiment, sause and seasoning exports from Oman, together comprising X% of total exports. Qatar, Bahrain, Jordan and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) constituted the largest markets for mixed condiment, sause and seasoning exported from Oman worldwide, with a combined X% share of total exports. Qatar, Bahrain, Jordan and Malaysia lagged somewhat behind, together comprising a further X%.

Qatar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, increasing by X% against the previous year. In general, export price indicated strong growth 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, mixed condiment, sause and seasoning export price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Malaysia ($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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Oman

After ten years of growth, purchases abroad of mixed condiments, sauses and seasonings decreased by X% to X tons in 2022. Overall, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, mixed condiment, sause and seasoning imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons), the United States (X tons) and India (X tons) were the main suppliers of mixed condiment, sause and seasoning imports to Oman, with a combined X% share of total imports. Saudi Arabia, Lebanon, South Africa, the Philippines, the UK and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed condiment, sause and seasoning suppliers to Oman were the United Arab Emirates ($X), the United States ($X) and India ($X), together comprising X% of total imports. Saudi Arabia, Lebanon, South Africa, the Philippines, the UK and Malaysia lagged somewhat behind, together comprising a further X%.

Lebanon, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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