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Oman - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaddy Rice Price in Oman - 2021
Contents:
- Paddy Rice Price in Oman (CIF) - 2022
- Paddy Rice Price in Oman (FOB) - 2022
- Paddy Rice Imports in Oman
- Paddy Rice Exports in Oman
Paddy Rice Price in Oman (CIF) - 2022
The average paddy rice import price stood at $1,294 per ton in 2022, growing by 2.2% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paddy rice import price increased by +68.5% against 2016 indices. The growth pace was the most rapid in 2013 when the average import price increased by 76%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,608 per ton), while the price for Thailand ($206 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Paddy Rice Price in Oman (FOB) - 2022
In 2022, the average paddy rice export price amounted to $894 per ton, waning by -12.2% against the previous year. Over the period under review, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 72%. The export price peaked at $1,207 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($1,270 per ton), while the average price for exports to Egypt ($71 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 Tanzania (+105.9%), while the prices for the other major destinations experienced more modest paces of growth.
Paddy Rice Imports in Oman
In 2022, the amount of paddy rice imported into Oman contracted markedly to 205 tons, waning by -37.5% against the year before. In general, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 210%.
In value terms, paddy rice imports declined dramatically to $266K in 2022. Overall, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 259% against the previous year.
Import of Paddy Rice in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 823 | 81.8 | 188 | 129 | -46.1% |
Pakistan | 130 | 8.7 | 115 | 66.2 | -20.1% |
United Arab Emirates | 41.8 | 5.6 | 6.7 | 16.0 | -27.4% |
Thailand | 36.6 | 8.7 | 32.6 | 15.7 | -24.6% |
Iran | 14.6 | 1.0 | 19.5 | 11.2 | -8.5% |
Egypt | 9.6 | 3.0 | 14.9 | 9.5 | -0.3% |
Bangladesh | 8.5 | 2.5 | 11.3 | 6.6 | -8.1% |
Italy | 2.6 | 0.7 | 3.3 | 1.9 | -9.9% |
Others | 14.8 | 3.7 | 24.2 | 9.8 | -12.8% |
Total | 1,081 | 116 | 416 | 266 | -37.3% |
Top Suppliers of Paddy Rice to Oman in 2022:
- Thailand (76.1 tons)
- India (49.4 tons)
- Pakistan (41.7 tons)
- Bangladesh (12.3 tons)
- Egypt (8.6 tons)
- United Arab Emirates (6.8 tons)
- Italy (4.6 tons)
- Iran (4.3 tons)
Paddy Rice Exports in Oman
In 2022, paddy rice exports from Oman amounted to 136 tons, approximately mirroring 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 372% against the previous year. As a result, the exports attained the peak of 137 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, paddy rice exports dropped to $121K in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 202% against the previous year.
Export of Paddy Rice in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 15.1 | 53.9 | 25.0 | 84.0 | 77.2% |
Bahrain | 12.4 | 45.6 | 16.1 | 37.1 | 44.1% |
Russia | N/A | 6.0 | N/A | N/A | 0% |
Pakistan | N/A | N/A | 95.2 | N/A | 0% |
Others | 7.4 | 0.1 | 0.6 | 0.1 | -76.2% |
Total | 35.0 | 106 | 137 | 121 | 51.2% |
Top Export Markets for Paddy Rice from Oman in 2022:
- Qatar (104.6 tons)
- Bahrain (29.2 tons)
This report provides an in-depth analysis of the paddy rice 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:
- FCL 27 - Rice, paddy
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
This report provides an in-depth analysis of the paddy rice market in Oman.
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