Price for Vegetable Products Not Elsewhere Specified or Included in Oman - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Oman (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Oman (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Oman
- Exports of Vegetable Products Not Elsewhere Specified or Included in Oman
Price for Vegetable Products Not Elsewhere Specified or Included in Oman (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $774 per ton in 2022, increasing by 13% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 42%. The import price peaked at $1,445 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($774 per ton) and the United Arab Emirates ($773 per ton), while the price for Yemen ($773 per ton) and Spain ($773 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+9.9%), while the prices for the other major suppliers experienced a decline.
Price for Vegetable Products Not Elsewhere Specified or Included in Oman (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $702 per ton in 2022, dropping by -18.2% against the previous year. In general, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by 149% against the previous year. As a result, the export price attained the peak level of $1,934 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($956 per ton), while the average price for exports to Yemen ($397 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 Somalia (+12.2%), while the prices for the other major destinations experienced a decline.
Imports of Vegetable Products Not Elsewhere Specified or Included in Oman
After three years of growth, purchases abroad of vegetable products not elsewhere specified or includeds decreased by -28.1% to 1.1K tons in 2022. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of 1.6K tons, and then shrank dramatically in the following year.
In value terms, imports of vegetable products not elsewhere specified or includeds fell remarkably to $890K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47%. As a result, imports reached the peak of $1.3M, and then dropped markedly in the following year.
| Import of Vegetable Products Not Elsewhere Specified or Included in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 10.3 | 43.0 | 114 | 337 | 219.8% |
| United Arab Emirates | 296 | 369 | 293 | 192 | -13.4% |
| India | 157 | 212 | 277 | 130 | -6.1% |
| Yemen | 40.6 | 226 | 181 | 105 | 37.3% |
| Spain | N/A | N/A | N/A | 80.5 | 0% |
| United States | 201 | N/A | 48.7 | 19.8 | -53.8% |
| Netherlands | 17.3 | N/A | 312 | 2.2 | -49.7% |
| Others | 43.1 | 23.1 | 60.9 | 23.3 | -18.5% |
| Total | 766 | 873 | 1,286 | 890 | 5.1% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Oman in 2022:
- Pakistan (435.9 tons)
- United Arab Emirates (248.0 tons)
- India (167.8 tons)
- Yemen (136.3 tons)
- Spain (104.0 tons)
- United States (14.9 tons)
- Netherlands (2.8 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Oman
In 2022, shipments abroad of vegetable products not elsewhere specified or includeds decreased by -84.8% to 30 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a precipitous decline. The growth pace was the most rapid in 2020 when exports increased by 33%.
In value terms, exports of vegetable products not elsewhere specified or includeds dropped remarkably to $23K in 2022. In general, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year.
| Export of Vegetable Products Not Elsewhere Specified or Included in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 2.4 | 2.7 | N/A | 9.9 | 60.4% |
| Qatar | 30.6 | 73.4 | 30.4 | 6.6 | -40.0% |
| United Arab Emirates | 60.7 | 111 | 91.8 | 5.3 | -55.6% |
| Yemen | 61.7 | 0.4 | 33.7 | 0.4 | -81.4% |
| Somalia | N/A | 11.8 | 22.9 | N/A | 94.1% |
| Libya | N/A | N/A | 40.3 | N/A | 0% |
| Others | 25.5 | 0.9 | 1.3 | 1.3 | -62.9% |
| Total | 181 | 201 | 220 | 23.5 | -49.4% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Oman in 2022:
- Kuwait (16.2 tons)
- Qatar (6.9 tons)
- United Arab Emirates (5.7 tons)
- Yemen (1.0 tons)
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