Price for Cereal Groats; Meal and Pellets in Oman - 2021

Contents:

1. Price for Cereal Groats; Meal and Pellets in Oman (CIF) - 2022
2. Price for Cereal Groats; Meal and Pellets in Oman (FOB) - 2022
3. Imports of Cereal Groats; Meal and Pellets in Oman
4. Exports of Cereal Groats; Meal and Pellets in Oman

Price for Cereal Groats; Meal and Pellets in Oman (CIF) - 2022

In 2022, the average import price for cereal groats; meal and pelletses amounted to $446 per ton, picking up by 4.3% against the previous year. Over the period under review, the import price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2019 an increase of 11%. The import price peaked at $537 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 ($491 per ton), while the price for Turkey ($280 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.3%), while the prices for the other major suppliers experienced a decline.

Price for Cereal Groats; Meal and Pellets in Oman (FOB) - 2022

In 2022, the average export price for cereal groats; meal and pelletses amounted to $579 per ton, falling by -1.6% against the previous year. Over the period under review, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices hit record highs at $672 per ton in 2012; however, from 2013 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 Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -1.4% per year.

Imports of Cereal Groats; Meal and Pellets in Oman

In 2022, approx. 6.9K tons of cereal groats; meal and pelletses were imported into Oman; growing by 20% on the previous year's figure. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 161%. As a result, imports reached the peak of 8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cereal groats; meal and pellets imports skyrocketed to $3.1M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 145%. As a result, imports reached the peak of $3.7M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Cereal Groats; Meal and Pellets to Oman in 2022:

1. India (4.2K tons)
2. United Arab Emirates (2.4K tons)

Exports of Cereal Groats; Meal and Pellets in Oman

After three years of growth, overseas shipments of cereal groats; meal and pelletses decreased by -3.3% to 55 tons in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 113% against the previous year.

In value terms, cereal groats; meal and pellets exports dropped to $32K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 111%.

Top Export Markets for Cereal Groats; Meal and Pellets from Oman in 2022:

1. Qatar (54.7 tons)

Source: IndexBox Market Intelligence Platform