Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman - 2022

Contents:

1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman (FOB) - 2022
2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman (CIF) - 2022
3. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman
4. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman (FOB) - 2022

In 2021, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $851 per ton, surging by 57% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The growth pace was the most rapid in 2015 an increase of 99%. As a result, the export price attained the peak level of $3,567 per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($6,466 per ton), while the average price for exports to the United Arab Emirates ($221 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+12.2%).

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman (CIF) - 2022

In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $1,929 per ton, rising by 6.7% against the previous year. Overall, the import price continues to indicate temperate growth. The growth pace was the most rapid in 2018 an increase of 339% against the previous year. Over the period under review, average import prices attained the peak figure at $3,774 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.7% per year.

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman

In 2022, shipments abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses decreased by 99.9% to less than 0.1 kg, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 65% against the previous year. As a result, the exports reached the peak of 3.9 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses fell significantly to $114 in 2022. Over the period under review, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year.

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Oman in 2022:

1. United Arab Emirates (2943.0 kg)
2. Bangladesh (268.0 kg)
3. Hong Kong SAR (234.0 kg)

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Oman

In 2022, supplies from abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses increased by 374% to 593 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses skyrocketed to $1.1K in 2022. Overall, imports, however, recorded a deep setback.

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Oman in 2022:

1. United Arab Emirates (593.0 kg)

Source: IndexBox Market Intelligence Platform