Price for Frozen Sheep (Including Lamb) Boneless Cuts in Oman - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Oman (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Oman (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Oman
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Oman
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Oman (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $5,685 per ton, falling by -3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $5,958 per ton in 2014; however, from 2015 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 New Zealand ($7,492 per ton), while the price for India ($1,482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Oman (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) boneless cutses amounted to $1,158 per ton, remaining stable against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $2,514 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 ($1,172 per ton), while the average price for exports to Yemen totaled $715 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-3.1%).
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Oman
In 2022, imports of frozen sheep (including lamb) boneless cutses into Oman skyrocketed to 558 tons, growing by 34% compared with 2021. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
In value terms, imports of frozen sheep (including lamb) boneless cutses soared to $3.2M in 2022. Overall, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.3% 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 -18.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, imports attained the peak of $3.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Frozen Sheep (Including Lamb) Boneless Cuts in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 1,693 | 2,019 | 1,182 | 2,165 | 8.5% |
Singapore | 429 | 739 | 594 | 509 | 5.9% |
Saudi Arabia | 193 | 249 | 200 | 115 | -15.9% |
Spain | 31.1 | 22.8 | 126 | 96.7 | 46.0% |
India | 167 | 192 | 132 | 96.3 | -16.8% |
New Zealand | 207 | 280 | 39.6 | 91.8 | -23.7% |
United Arab Emirates | 62.4 | 108 | 115 | 46.8 | -9.1% |
Others | 184 | 283 | 64.9 | 52.5 | -34.2% |
Total | 2,967 | 3,893 | 2,453 | 3,173 | 2.3% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Oman in 2022:
- Australia (312.2 tons)
- Singapore (108.8 tons)
- India (65.0 tons)
- Spain (24.2 tons)
- Saudi Arabia (16.6 tons)
- New Zealand (12.2 tons)
- United Arab Emirates (10.5 tons)
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Oman
After three years of growth, shipments abroad of frozen sheep (including lamb) boneless cutses decreased by -3.1% to 168 tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 122% against the previous year.
In value terms, exports of frozen sheep (including lamb) boneless cutses fell slightly to $195K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 103%.
Export of Frozen Sheep (Including Lamb) Boneless Cuts in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 89.4 | 176 | 193 | 189 | 28.3% |
Yemen | 4.8 | 5.1 | 5.6 | 4.9 | 0.7% |
Others | N/A | 9.9 | 0.2 | 0.7 | -73.4% |
Total | 94.1 | 191 | 199 | 195 | 27.5% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Oman in 2022:
- Qatar (161.4 tons)
- Yemen (6.8 tons)
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