Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman - 2022

Contents:

1. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman (CIF) - 2022
2. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman (FOB) - 2022
3. Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman
4. Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman (CIF) - 2022

In 2022, the average import price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $818 per ton, with a decrease of -5.9% against the previous year. Overall, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.9%. The import price peaked at $1,032 per ton 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 Spain ($2,013 per ton), while the price for the United States ($667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman (FOB) - 2022

The average export price for liquid margarine and edible mixtures of animal or vegetable fats stood at $1,009 per ton in 2022, falling by -29.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 183%. As a result, the export price reached the peak level of $5,093 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,398 per ton), while the average price for exports to Lebanon ($654 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 Iran (+24.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman

In 2022, imports of liquid margarine and edible mixtures of animal or vegetable fats into Oman skyrocketed to 5.3K tons, growing by 45% on 2021 figures. In general, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 45%. As a result, imports attained the peak of 6.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats surged to $4.3M in 2022. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Oman in 2022:

1. Malaysia (2360.0 tons)
2. Indonesia (2284.2 tons)
3. Singapore (296.7 tons)
4. United States (108.6 tons)
5. Spain (31.6 tons)
6. Ukraine (26.4 tons)

Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Oman

Exports of liquid margarine and edible mixtures of animal or vegetable fats from Oman skyrocketed to 1.3K tons in 2022, jumping by 308% against 2021. Overall, exports, however, showed a perceptible decline.

In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats skyrocketed to $1.3M in 2022. In general, exports showed a strong increase.

Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Oman in 2022:

1. Jordan (877.1 tons)
2. Lebanon (318.6 tons)
3. United States (34.7 tons)
4. Canada (24.6 tons)

Source: IndexBox Market Intelligence Platform