Oman: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Oman

The Omani whole fresh milk market reached $X in 2022, remaining relatively unchanged against the previous year. In general, the total consumption indicated a buoyant increase 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 2020 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Whole Fresh Milk Production in Oman

In value terms, whole fresh milk production amounted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

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Whole Fresh Milk Exports

Exports from Oman

In 2022, shipments abroad of whole fresh milk decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell dramatically in the following year.

In value terms, whole fresh milk exports shrank significantly to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for whole fresh milk exports from Oman, accounting for a X% share of total exports. Moreover, whole fresh milk exports to the United Arab Emirates exceeded the volume sent to the second major destination, Mauritania (X tons), threefold. The third position in this ranking was taken by Somalia (X tons), with a X% share.

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

In value terms, the United Arab Emirates ($X) remains the key foreign market for whole fresh milk exports from Oman, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with a X% share of total exports. It was followed by Somalia, with a X% share.

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

Export Prices by Country

In 2022, the average whole fresh milk export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to the United Arab Emirates ($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 a decline.

Whole Fresh Milk Imports

Imports into Oman

In 2022, supplies from abroad of whole fresh milk increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, whole fresh milk imports surged to $X in 2022. Overall, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of whole fresh milk to Oman, accounting for a X% share of total imports. Moreover, whole fresh milk imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to X%.

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

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled X%.

Import Prices by Country

The average whole fresh milk import price stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Saudi Arabia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Source: IndexBox Platform

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