Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman - 2022
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman (CIF) - 2022
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman (FOB) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman (CIF) - 2022
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $7,680 per ton in December 2022, standing approximately at the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 9.6% against the previous month. As a result, import price reached the peak level of $7,894 per ton. From November 2022 to December 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($8,549 per ton), while the price for Uruguay ($5,270 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman (FOB) - 2022
In December 2022, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $7,931 per ton, which is down by -24.5% against the previous month. In general, export price indicated a slight increase from January 2022 to December 2022: its price increased at an average monthly rate of +1.4% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, export price for meat of sheep or goats; fresh, chilled or frozen decreased by -24.5% against November 2022 indices. The most prominent rate of growth was recorded in October 2022 an increase of 109% month-to-month. Over the period under review, the average export prices attained the maximum at $10,509 per ton in November 2022, and then contracted markedly in the following month.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was Qatar ($11,493 per ton), while the average price for exports to Argentina amounted to $4,563 per ton.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman
After two years of decline, supplies from abroad of meat of sheep or goats; fresh, chilled or frozen increased by 10% to 13K tons in 2022. Overall, imports, however, continue to indicate a deep contraction.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen expanded significantly to $56M in 2022. Over the period under review, imports, however, recorded a mild downturn.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.4 | 3.6 | 4.6 | 56.0 | 118.1% |
| Spain | 0.6 | 1.8 | 8.2 | N/A | 269.7% |
| Norway | 0.8 | 2.7 | N/A | N/A | 237.5% |
| New Zealand | 7.9 | 9.4 | 5.8 | N/A | -14.3% |
| Kenya | 2.5 | 1.0 | 0.2 | N/A | -71.7% |
| Somalia | 2.5 | 2.9 | 2.2 | N/A | -6.2% |
| Qatar | 3.9 | 2.9 | 2.8 | N/A | -15.3% |
| India | 3.5 | 1.7 | 1.8 | N/A | -28.3% |
| Tanzania | 0.6 | 0.6 | 3.2 | N/A | 130.9% |
| Singapore | 9.9 | 2.5 | 0.2 | N/A | -85.8% |
| Italy | 0.3 | 1.6 | 3.1 | N/A | 221.5% |
| Australia | 12.6 | 17.8 | 13.2 | N/A | 2.4% |
| Romania | 1.2 | 0.9 | 1.8 | N/A | 22.5% |
| Others | 7.4 | 9.6 | 5.8 | N/A | -11.5% |
| Total | 59.2 | 59.0 | 53.0 | 56.0 | -1.8% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Oman in 2022:
- United Arab Emirates (12.6K tons)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman
In 2022, the amount of meat of sheep or goats; fresh, chilled or frozen exported from Oman declined markedly to 148 tons, shrinking by -31.6% compared with the previous year's figure. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 186%. As a result, the exports attained the peak of 217 tons, and then dropped rapidly in the following year.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen declined dramatically to $606K in 2022. In general, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 200% against the previous year. As a result, the exports attained the peak of $910K, and then declined rapidly in the following year.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 200 | 120 | 258 | 606 | 44.7% |
| Kuwait | N/A | N/A | 102 | N/A | 0% |
| India | 29.3 | N/A | N/A | N/A | 0% |
| Qatar | 70.4 | 94.7 | 365 | N/A | 127.7% |
| Bahrain | 147 | 79.0 | 105 | N/A | -15.5% |
| Others | 0.4 | 9.1 | 79.9 | N/A | 1313.3% |
| Total | 447 | 303 | 910 | 606 | 10.7% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Oman in 2022:
- United Arab Emirates (148.4 tons)
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