Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman - 2022

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman (CIF) - 2022
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman (FOB) - 2022
3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman
4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $9,926 per ton in 2022, growing by 40% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses increased by +81.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($9,926 per ton), while the price for India amounted to $9,922 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+41.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman (FOB) - 2022

In 2021, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $10,059 per ton, increasing by 170% against the previous year. In general, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($10,696 per ton), while the average price for exports to the United Arab Emirates stood at $1,450 per ton.

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+187.3%).

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into Oman surged to 53 tons in 2022, increasing by 427% on 2021 figures. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 525%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses surged to $530K in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 708%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Oman in 2022:

1. United Arab Emirates (53.2 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Oman

For the third year in a row, Oman recorded growth in shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses, which increased by 214% to 5 tons in 2021. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses soared to $51K in 2021. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Oman in 2022:

1. Somalia (4.6 tons)
2. United Arab Emirates (0.4 tons)

Source: IndexBox Market Intelligence Platform