Price for Flour and Meal; of Potatoes in Oman - 2021

Contents:

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

Price for Flour and Meal; of Potatoes in Oman (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $1,560 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price saw strong growth. The most prominent rate of growth was recorded in 2020 an increase of 154%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3,859 per ton), while the price for Tanzania ($230 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Oman (FOB) - 2022

In 2022, the average export price for flour and meal; of potatoeses amounted to $398 per ton, reducing by -13.2% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of 3.1%. Over the period under review, the average export prices attained the maximum at $1,369 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($7,694 per ton), while the average price for exports to Tanzania ($90 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+10.3%), while the prices for the other major destinations experienced a decline.

Imports of Flour and Meal; of Potatoes in Oman

In 2022, the amount of flour and meal; of potatoeses imported into Oman soared to 265 tons, picking up by 40% against the previous year's figure. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 52%. As a result, imports reached the peak of 374 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, flour and meal; of potatoes imports skyrocketed to $414K in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 286%. As a result, imports attained the peak of $534K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Flour and Meal; of Potatoes to Oman in 2022:

1. United Arab Emirates (160.1 tons)
2. Tanzania (32.3 tons)
3. India (18.7 tons)
4. Lebanon (16.5 tons)
5. United States (15.0 tons)
6. United Kingdom (10.4 tons)

Exports of Flour and Meal; of Potatoes in Oman

Flour and meal; of potatoes exports from Oman surged to 181 tons in 2022, with an increase of 213% on the previous year. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,101% against the previous year. As a result, the exports reached the peak of 265 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, flour and meal; of potatoes exports soared to $72K in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 489% against the previous year. As a result, the exports reached the peak of $118K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Flour and Meal; of Potatoes from Oman in 2022:

1. Yemen (172.9 tons)
2. Tanzania (4.3 tons)
3. Qatar (4.2 tons)

Source: IndexBox Market Intelligence Platform