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Oman - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in Oman - 2021
Contents:
- Frozen Crustaceans Price in Oman (CIF) - 2022
- Frozen Crustaceans Price in Oman (FOB) - 2022
- Frozen Crustaceans Imports in Oman
- Frozen Crustaceans Exports in Oman
Frozen Crustaceans Price in Oman (CIF) - 2022
The average frozen crustaceans import price stood at $6,936 per ton in 2022, picking up by 42% against the previous year. Overall, the import price, however, recorded a slight decrease. Over the period under review, average import prices hit record highs at $7,852 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.1% per year.
Frozen Crustaceans Price in Oman (FOB) - 2022
The average frozen crustaceans export price stood at $9,891 per ton in 2022, picking up by 14% against the previous year. Overall, the export price showed mild growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 76%. The export price peaked at $13,233 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($18,996 per ton), while the average price for exports to Bahrain ($1,096 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 Qatar (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Crustaceans Imports in Oman
In 2022, after three years of growth, there was significant decline in purchases abroad of frozen crustaceans, when their volume decreased by -39.7% to 2.3K tons. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 31%.
In value terms, frozen crustaceans imports declined to $16M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year.
Import of Frozen Crustaceans in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 8.1 | 9.2 | 7.8 | 15.7 | 24.7% |
Vietnam | 0.6 | 0.9 | 0.2 | N/A | -42.3% |
India | 3.5 | 3.7 | 4.0 | N/A | 6.9% |
Iran | 2.3 | 2.8 | 5.9 | N/A | 60.2% |
Others | 0.3 | 0.4 | 0.5 | 0.1 | -30.7% |
Total | 14.7 | 17.0 | 18.4 | 15.7 | 2.2% |
Top Suppliers of Frozen Crustaceans to Oman in 2022:
- United Arab Emirates (2.2K tons)
Frozen Crustaceans Exports in Oman
After three years of growth, shipments abroad of frozen crustaceans decreased by -15.4% to 915 tons in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 89%. As a result, the exports attained the peak of 1.1K tons, and then fell notably in the following year.
In value terms, frozen crustaceans exports declined modestly to $9M in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 96% against the previous year. As a result, the exports attained the peak of $9.4M, and then reduced modestly in the following year.
Export of Frozen Crustaceans in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 400 | 1,235 | 2,768 | 3,354 | 103.2% |
Qatar | 2,295 | 1,012 | 2,676 | 2,407 | 1.6% |
Egypt | 383 | 629 | 946 | 1,069 | 40.8% |
Malaysia | 70.2 | N/A | N/A | 690 | 114.2% |
Maldives | 43.8 | N/A | 36.0 | 314 | 92.8% |
India | N/A | 20.8 | 83.1 | 74.9 | 89.8% |
Bahrain | N/A | N/A | 1.1 | 15.3 | 1290.9% |
Kuwait | 333 | 161 | N/A | N/A | -51.7% |
Saudi Arabia | N/A | 1,655 | 1,398 | N/A | -15.5% |
Others | 15.3 | 81.0 | 1,484 | 1,123 | 318.7% |
Total | 3,539 | 4,795 | 9,392 | 9,047 | 36.7% |
Top Export Markets for Frozen Crustaceans from Oman in 2022:
- United Arab Emirates (331.6 tons)
- Malaysia (151.7 tons)
- Qatar (149.9 tons)
- Egypt (111.7 tons)
- India (24.1 tons)
- Maldives (16.5 tons)
- Bahrain (14.0 tons)
This report provides an in-depth analysis of the frozen crustaceans market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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