Frozen Tilapia Fillets Price in Oman - 2022
Contents:
Frozen Tilapia Fillets Price in Oman (CIF) - 2022
The average frozen tilapia fillets import price stood at $2,517 per ton in 2022, surging by 26% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen tilapia fillets import price increased by +111.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 39%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 India amounted to +27.5% per year.
Frozen Tilapia Fillets Imports in Oman
In 2022, the amount of frozen tilapia fillets imported into Oman reduced rapidly to 615 kg, dropping by -22.1% on 2021. In general, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year.
In value terms, frozen tilapia fillets imports declined to $1.5K 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 recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 4.4% against the previous year. As a result, imports reached the peak of $1.6K, and then declined slightly in the following year.
| Import of Frozen Tilapia Fillets in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.4 | 0.7 | 1.4 | 1.1 | -7.7% |
| India | N/A | 0.7 | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.2 | 0.4 | 58.7% |
| Total | 1.5 | 1.5 | 1.6 | 1.5 | 0.0% |
Top Suppliers of Frozen Tilapia Fillets to Oman in 2022:
- United Arab Emirates (607.0 kg)
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