Report Update Apr 1, 2024

Oman - Soybean Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Soybean Oilcake Market 2024

Soybean Oilcake Market Size in Oman

The Omani soybean oilcake market was estimated at $X in 2022, rising by X% against the previous year. Overall, consumption showed resilient growth. Soybean oilcake consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Soybean Oilcake Production in Oman

In value terms, soybean oilcake production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a resilient increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Soybean Oilcake Exports

Exports from Oman

Soybean oilcake exports from Oman dropped markedly to X tons in 2021, which is down by X% compared with the year before. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then plummeted in the following year.

In value terms, soybean oilcake exports declined dramatically to $X in 2021. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then fell significantly in the following year.

Exports by Country

India (X tons) was the main destination for soybean oilcake exports from Oman, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to India totaled X%.

In value terms, India ($X) emerged as the key foreign market for soybean oilcake exports from Oman.

From 2012 to 2021, the average annual growth rate of value to India amounted to X%.

Export Prices by Country

In 2021, the average soybean oilcake export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price, however, showed a perceptible descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to X% per year.

Soybean Oilcake Imports

Imports into Oman

Soybean oilcake imports into Oman stood at X tons in 2022, therefore, remained relatively stable against the year before. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, soybean oilcake imports amounted to $X in 2022. In general, imports saw buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of soybean oilcake to Oman, with a X% share of total imports. Moreover, soybean oilcake imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. Honduras (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Honduras (X% per year).

In value terms, Argentina ($X) constituted the largest supplier of soybean oilcake to Oman, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Honduras, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Honduras (X% per year).

Import Prices by Country

The average soybean oilcake import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated noticeable 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, soybean oilcake import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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

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

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Frequently Asked Questions (FAQ) :

What are the largest markets for soybean oilcake in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together accounting for 30% of global consumption. Japan, Indonesia, Nigeria, Germany, Pakistan, Bangladesh, Russia, Vietnam, Mexico and the Philippines lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of soybean oilcake in the world?

The countries with the highest volumes of production in 2022 were China, the United States and Argentina, together comprising 40% of global production. Brazil, India, Russia, Nigeria, Pakistan, Japan, Germany and Bangladesh lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of soybean oilcake to Oman?

In value terms, Argentina constituted the largest supplier of soybean oilcake to Oman, comprising 61% of total imports. The second position in the ranking was held by Brazil, with a 23% share of total imports. It was followed by Honduras, with an 8.9% share.

What are the leading importers of soybean oilcake from Oman?

In value terms, India emerged as the key foreign market for soybean oilcake exports from Oman.

What is the average export price for soybean oilcake in Oman?

In 2021, the average soybean oilcake export price amounted to $440 per ton, remaining stable against the previous year.

What is the average import price for soybean oilcake in Oman?

The average soybean oilcake import price stood at $629 per ton in 2022, rising by 2.1% against the previous year.

This report provides an in-depth analysis of the soybean oilcake 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 2030.

Product coverage:

Prodcom 10414130 - Oilcake and other solid residues resulting from the extraction of soya-bean oil

Country coverage:

Oman

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:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023