Price for Buckwheat, Millet and Canary Seed; Other Cereals in Oman - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Oman (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Oman (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Oman
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Oman
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Oman (CIF) - 2022
In December 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $812 per ton, which is down by -3.8% against the previous month. Over the period from January 2022 to December 2022, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2022 an increase of 32% month-to-month. As a result, import price attained the peak level of $967 per ton. From September 2022 to December 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the United Arab Emirates ($1,224 per ton), while the price for India amounted to $664 per ton.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Oman (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $2,801 per ton, jumping by 461% against the previous year. Over the period under review, the export price recorded a noticeable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4,084 per ton), while the average price for exports to Free Zones ($1,187 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.9%), while the prices for the other major destinations experienced a decline.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Oman
After three years of growth, purchases abroad of buckwheat, millet and canary seed; other cerealses decreased by -63.4% to 3.9K tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 124%.
In value terms, imports of buckwheat, millet and canary seed; other cerealses reduced markedly to $3M in 2022. In general, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 156%.
Import of Buckwheat, Millet and Canary Seed; Other Cereals in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 300 | 814 | 1,757 | 1,728 | 79.3% |
United Arab Emirates | 809 | 2,607 | 2,988 | 1,023 | 8.1% |
Pakistan | 16.9 | 18.6 | 16.1 | 117 | 90.6% |
Tanzania | 415 | 571 | 642 | 0.3 | -91.0% |
Others | 215 | 477 | 316 | 86.6 | -26.1% |
Total | 1,756 | 4,487 | 5,719 | 2,955 | 18.9% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Oman in 2022:
- India (2600.1 tons)
- United Arab Emirates (1067.4 tons)
- Pakistan (165.6 tons)
- Tanzania (1.4 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Oman
In 2022, exports of buckwheat, millet and canary seed; other cerealses from Oman contracted significantly to 6.1 tons, dropping by -97.1% compared with the year before. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports reached the peak of 213 tons, and then declined sharply in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses declined markedly to $17K in 2022. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 87% against the previous year. As a result, the exports reached the peak of $106K, and then shrank sharply in the following year.
Export of Buckwheat, Millet and Canary Seed; Other Cereals in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 1.7 | 2.1 | 13.7 | 13.7 | 100.5% |
Free Zones | N/A | N/A | N/A | 2.9 | 0% |
United Arab Emirates | 0.5 | 0.5 | 0.6 | 0.4 | -7.2% |
Yemen | 31.4 | 17.3 | 5.9 | N/A | -56.7% |
Saudi Arabia | 25.6 | 36.7 | 83.6 | N/A | 80.7% |
Others | 5.2 | 0.2 | 2.6 | N/A | -29.3% |
Total | 64.3 | 56.8 | 106 | 17.0 | -35.8% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Oman in 2022:
- Qatar (3.4 tons)
- Free Zones (2.4 tons)
- United Arab Emirates (0.3 tons)
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