Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Oman - 2022

Contents:

  1. Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Oman (CIF) - 2022
  2. Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Oman

Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Oman (CIF) - 2022

In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $4,983 per ton, with an increase of 20% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 21%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($32,421 per ton), while the price for India stood at $530 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+32.4%).

Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Oman

In 2022, imports of ground-nuts; in shell, not roasted or otherwise cooked into Oman shrank sharply to 10 tons, waning by -22.6% compared with the previous year. Overall, imports saw a abrupt slump. The smallest decline of -3% was in 2020.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked declined to $50K in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 17%.

Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates32.139.247.345.212.1%
India7.26.76.24.5-14.5%
OthersN/AN/AN/AN/A0%
Total39.345.953.549.78.1%

Top Suppliers of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked to Oman in 2022:

  1. India (8.6 tons)
  2. United Arab Emirates (1.4 tons)

Source: IndexBox Market Intelligence Platform

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