Oman: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Oman

The Omani concentrated grapefruit juice market skyrocketed to $X in 2021, rising by 18% against the previous year. Over the period under review, consumption continues to indicate modest growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Concentrated Grapefruit Juice Production in Oman

In value terms, concentrated grapefruit juice production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 7.1%. Concentrated grapefruit juice production peaked at $X in 2019; afterwards, it flattened through to 2021.

Concentrated Grapefruit Juice Exports

Exports from Oman

In 2021, overseas shipments of concentrated grapefruit juice decreased by 0% to X tons, falling for the third year in a row after three years of decline. Over the period under review, exports showed a abrupt setback. The smallest decline of -2.5% was in 2016. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, concentrated grapefruit juice exports totaled $X in 2021. Overall, exports faced a abrupt decrease. The smallest decline of -5% was in 2019. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for concentrated grapefruit juice exports from Oman, accounting for a 86% share of total exports. Moreover, concentrated grapefruit juice exports to the United Arab Emirates exceeded the volume sent to the second major destination, Yemen (X kg), sixfold.

From 2013 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2021, the average concentrated grapefruit juice export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2019 when the average export price decreased by -2.6%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Yemen stood at $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (-2.7%).

Concentrated Grapefruit Juice Imports

Imports into Oman

In 2021, the amount of concentrated grapefruit juice imported into Oman soared to X tons, jumping by 138% compared with the year before. Overall, imports recorded a perceptible expansion. The growth pace was the most rapid in 2019 with an increase of 950%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, concentrated grapefruit juice imports soared to $X in 2021. Over the period under review, imports posted a modest expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 569%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of concentrated grapefruit juice to Oman, accounting for a 60% share of total imports. Moreover, concentrated grapefruit juice imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. Lebanon (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+6.0% per year) and Lebanon (-7.0% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of concentrated grapefruit juice to Oman, comprising 62% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 17% share of total imports. It was followed by South Africa, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia stood at +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+0.5% per year) and South Africa (+4.1% per year).

Import Prices by Country

The average concentrated grapefruit juice import price stood at $X per ton in 2021, growing by 10% against the previous year. Over the period under review, the import price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+25.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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