Latest Report Update: Apr 18, 2021

Oman - Sugar - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Oman: Sugar Market Overview 2021

Sugar Market Size in Oman

The Omani sugar market declined remarkably to $X in 2019, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt decrease. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. Sugar consumption peaked at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Sugar Exports

Exports from Oman

In 2019, sugar exports from Oman reduced to X tonnes, which is down by -X% on the year before. Overall, exports, however, showed a perceptible expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2015 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, sugar exports fell to $X in 2019. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2018, and then contracted in the following year.

Exports by Country

Qatar (X tonnes) was the main destination for sugar exports from Oman, with a X% share of total exports. Moreover, sugar exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Qatar amounted to +X%.

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

From 2007 to 2019, the average annual growth rate of value to Qatar totaled +X%.

Export Prices by Country

In 2019, the average sugar export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Qatar ($X per tonne), while the average price for exports to the United Arab Emirates stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Qatar.

Sugar Imports

Imports into Oman

In 2019, the amount of sugar imported into Oman declined dramatically to X tonnes, with a decrease of -X% compared with the year before. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

In value terms, sugar imports dropped to $X in 2019. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Mauritius (X tonnes), India (X tonnes) and Colombia (X tonnes) were the main suppliers of sugar imports to Oman, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Colombia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sugar suppliers to Oman were Mauritius ($X), India ($X) and Singapore ($X), together comprising X% of total imports. Colombia, Thailand, the United Arab Emirates and Pakistan lagged somewhat behind, together comprising a further X (+X% per year) 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

In 2019, the average sugar import price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan, 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 sugar in the world?
+
The countries with the highest volumes of sugar consumption in 2019 were India (35M tonnes), China (24M tonnes) and Brazil (20M tonnes), with a combined 39% share of global consumption. These countries were followed by Thailand, the U.S., Russia, Mexico, Indonesia, France, Pakistan, Germany and Egypt, which together accounted for a further 30%.
What are the largest producers of sugar in the world?
+
The countries with the highest volumes of sugar production in 2019 were India (35M tonnes), Brazil (28M tonnes) and China (22M tonnes), with a combined 43% share of global production. Thailand, the U.S., Mexico, Russia, France, Pakistan, Australia, Germany and Guatemala lagged somewhat behind, together comprising a further 32%.
What are the leading suppliers of sugar to Oman?
+
In value terms, Mauritius ($548K), India ($462K) and Singapore ($145K) constituted the largest sugar suppliers to Oman, together comprising 70% of total imports. Colombia, Thailand, the United Arab Emirates and Pakistan lagged somewhat behind, together accounting for a further 19%.
What are the leading importers of sugar from Oman?
+
In value terms, Qatar ($67K) remains the key foreign market for sugar exports from Oman, comprising 100% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($230), with a 0.3% share of total exports.
What is the average export price for sugar in Oman?
+
The average sugar export price stood at $1,681 per tonne in 2019, growing by 2.8% against the previous year.
What is the average import price for sugar in Oman?
+
The average sugar import price stood at $928 per tonne in 2019, rising by 49% against the previous year.

Product coverage:
• FCL 162 - Sugar, Raw Centrifugal
• FCL 163 -

This report provides an in-depth analysis of the sugar 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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