Price for Insects; Live, Other than Bees in Oman - 2022
Contents:
- Price for Insects; Live, Other than Bees in Oman (CIF) - 2022
- Imports of Insects; Live, Other than Bees in Oman
Price for Insects; Live, Other than Bees in Oman (CIF) - 2022
In 2022, the average import price for insects; live, other than beeses amounted to less than $0.1 per thousand units, rising by 63% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The import price peaked at less than $0.1 per thousand units in 2012; however, from 2013 to 2022, import prices remained at a 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 Turkey (less than $0.1 per thousand units), while the price for the United Arab Emirates (less than $0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+215.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Insects; Live, Other than Bees in Oman
In 2022, approx. 24B units of insects; live, other than beeses were imported into Oman; with a decrease of -43.6% compared with the previous year. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,395%. As a result, imports attained the peak of 42B units, and then fell significantly in the following year.
In value terms, insects; live, other than bees imports fell to $203K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 844% against the previous year. As a result, imports attained the peak of $220K, and then fell in the following year.
| Import of Insects; Live, Other than Bees in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 157 | 170 | 8.3% |
| Spain | 1.0 | 2.1 | 5.3 | 10.8 | 121.0% |
| United Arab Emirates | N/A | 0.1 | 1.0 | 7.0 | 736.7% |
| Netherlands | 9.6 | 9.1 | 1.6 | 6.0 | -14.5% |
| India | N/A | N/A | 13.4 | N/A | 0% |
| Others | 33.4 | 12.1 | 41.8 | 9.0 | -35.4% |
| Total | 44.1 | 23.3 | 220 | 203 | 66.3% |
Top Suppliers of Insects; Live, Other than Bees to Oman in 2022:
- Turkey (6.6B units)
- United Arab Emirates (6.0B units)
- Spain (3.5B units)
- Netherlands (0.5B units)
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