Cereals; Oats, Seeds Price in Oman - 2021
Contents:
- Cereals; Oats, Seeds Price in Oman (FOB) - 2022
- Cereals; Oats, Seeds Price in Oman (CIF) - 2022
- Cereals; Oats, Seeds Exports in Oman
- Cereals; Oats, Seeds Imports in Oman
Cereals; Oats, Seeds Price in Oman (FOB) - 2022
In 2021, the average cereals; oats, seeds export price amounted to $330 per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded a sharp downturn. The pace of growth was the most pronounced in 2020 a decrease of 99.9%. The export price peaked at $2,490 per ton in 2019; however, from 2020 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 Yemen.
From 2019 to 2021, the rate of growth in terms of prices for Yemen amounted to 0.0% per year.
Cereals; Oats, Seeds Price in Oman (CIF) - 2022
In 2022, the average cereals; oats, seeds import price amounted to $908 per ton, which is down by -11.6% against the previous year. Over the period under review, the import price, however, posted strong growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 120% against the previous year. The import price peaked at $1,028 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,229 per ton), while the price for the United Arab Emirates totaled $358 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12,225.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Oats, Seeds Exports in Oman
In 2021, cereals; oats, seeds exports from Oman was estimated at 75 tons, remaining relatively unchanged against the previous year's figure. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, cereals; oats, seeds exports stood at $25K in 2021. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.
| Export of Cereals; Oats, Seeds in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Yemen | N/A | N/A | 24.8 | 0% | |
| Others | 0.2 | N/A | N/A | 0% | |
| Total | 0.2 | N/A | 24.8 | 1013.6% | |
Top Export Markets for Cereals; Oats, Seeds from Oman in 2022:
- Yemen (75.1 tons)
Cereals; Oats, Seeds Imports in Oman
In 2022, cereals; oats, seeds imports into Oman surged to 15 tons, with an increase of 46% on the previous year's figure. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 268% against the previous year. As a result, imports attained the peak of 24 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; oats, seeds imports surged to $13K in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 365% against the previous year. As a result, imports attained the peak of $16K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereals; Oats, Seeds in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.8 | 3.7 | 8.9 | 11.5 | 85.6% |
| United Arab Emirates | 1.6 | 1.2 | 1.5 | 1.9 | 5.9% |
| Sri Lanka | N/A | 11.5 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.5 | 16.4 | 10.4 | 13.4 | 56.4% |
Top Suppliers of Cereals; Oats, Seeds to Oman in 2022:
- India (9.3 tons)
- United Arab Emirates (5.4 tons)
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