Price for Cereals; Barley, Other than Seed in Oman - 2022
Contents:
- Price for Cereals; Barley, Other than Seed in Oman (CIF) - 2022
- Price for Cereals; Barley, Other than Seed in Oman (FOB) - 2022
- Imports of Cereals; Barley, Other than Seed in Oman
- Exports of Cereals; Barley, Other than Seed in Oman
Price for Cereals; Barley, Other than Seed in Oman (CIF) - 2022
The average import price for cereals; barley, other than seeds stood at $333 per ton in 2022, increasing by 27% against the previous year. In general, the import price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 33%. The import price peaked at $456 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($333 per ton) and Russia ($333 per ton), while the price for India ($259 per ton) and Ukraine ($315 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.3%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Barley, Other than Seed in Oman (FOB) - 2022
The average export price for cereals; barley, other than seeds stood at $213 per ton in 2022, waning by -2.2% against the previous year. In general, the export price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 22% against the previous year. Over the period under review, the average export prices hit record highs at $1,195 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -14.5% per year.
Imports of Cereals; Barley, Other than Seed in Oman
In 2022, supplies from abroad of cereals; barley, other than seeds decreased by -7% to 172K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 143% against the previous year. As a result, imports reached the peak of 599K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; barley, other than seed imports surged to $57M in 2022. In general, imports, however, recorded a noticeable increase. The pace of growth was the most pronounced in 2020 when imports increased by 223%. As a result, imports reached the peak of $173M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Cereals; Barley, Other than Seed in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 10.5 | 48.3 | 18.0 | 11.5 | 3.1% |
United Arab Emirates | 2.5 | 27.6 | 8.1 | 8.0 | 47.4% |
Australia | 2.0 | 3.3 | 3.9 | 4.2 | 28.1% |
Russia | 3.9 | 5.2 | 2.5 | 3.3 | -5.4% |
Ukraine | 1.9 | 0.9 | 1.7 | 2.8 | 13.8% |
Germany | N/A | 4.6 | N/A | N/A | 0% |
Others | 32.6 | 82.8 | 14.1 | 27.3 | -5.7% |
Total | 53.4 | 173 | 48.3 | 57.0 | 2.2% |
Top Suppliers of Cereals; Barley, Other than Seed to Oman in 2022:
- Argentina (34.5K tons)
- United Arab Emirates (23.9K tons)
- Australia (12.7K tons)
- Russia (9.8K tons)
- Ukraine (9.0K tons)
Exports of Cereals; Barley, Other than Seed in Oman
In 2022, approx. 26K tons of cereals; barley, other than seeds were exported from Oman; increasing by 9% on the year before. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 9% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, cereals; barley, other than seed exports expanded rapidly to $5.6M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 6.6% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Cereals; Barley, Other than Seed in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 4.6 | 4.9 | 5.3 | 5.6 | 6.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.6 | 4.9 | 5.3 | 5.6 | 6.8% |
Top Export Markets for Cereals; Barley, Other than Seed from Oman in 2022:
- Iran (26.3K tons)
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