Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman - 2022

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman (CIF) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman (FOB) - 2022
3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman
4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $2,221 per ton in 2022, with a decrease of -2.8% against the previous year. In general, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 183% against the previous year. Over the period under review, average import prices attained the maximum at $3,788 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,219 per ton), while the price for Sri Lanka amounted to $730 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-3.0%), while the prices for the other major suppliers experienced a decline.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $712 per ton, which is down by -36.2% against the previous year. In general, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price decreased by -5.3%. Over the period under review, the average export prices reached the peak figure at $5,767 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2013 to 2022, the rate of growth in terms of prices for Ethiopia amounted to -16.4% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman

In 2022, approx. 108 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses were imported into Oman; picking up by 54% compared with 2021 figures. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 210% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $239K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 239%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Oman in 2022:

1. United Arab Emirates (107.1 tons)
2. Sri Lanka (0.5 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Oman

In 2022, overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -99.7% to 73 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 176% against the previous year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses shrank dramatically to $52 in 2022. Over the period under review, exports faced a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, the exports reached the peak of $29K, and then declined dramatically in the following year.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Oman in 2022:

1. Free Zones (73.0 kg)

Source: IndexBox Market Intelligence Platform