Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Oman - 2022

Contents:

  1. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Oman (CIF) - 2022
  2. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Oman (FOB) - 2022
  3. Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Oman
  4. Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Oman

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Oman (CIF) - 2022

The average import price for seed; vegetable seed, of a kind used for sowings stood at $17,240 per ton in 2022, growing by 47% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 82% against the previous year. The import price peaked at $40,465 per ton in 2016; however, from 2017 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 the Netherlands ($121,083 per ton), while the price for Egypt ($2,941 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Oman (FOB) - 2022

The average export price for seed; vegetable seed, of a kind used for sowings stood at $1,131 per ton in 2022, declining by -62.7% against the previous year. Overall, the export price saw a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by 125%. Over the period under review, the average export prices attained the maximum at $3,035 per ton in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($2,737 per ton), while the average price for exports to the United Arab Emirates ($951 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+1,065.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Oman

After three years of growth, overseas purchases of seed; vegetable seed, of a kind used for sowings decreased by -36.7% to 230 tons in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 92%. As a result, imports reached the peak of 363 tons, and then shrank remarkably in the following year.

In value terms, imports of seed; vegetable seed, of a kind used for sowings reduced to $4M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 45%. As a result, imports reached the peak of $4.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates9051,314827783-4.7%
Turkey10720211277093.1%
Netherlands23554857175347.4%
Qatar10043933551172.2%
Tanzania56.087.518436186.1%
India251185135223-3.9%
Egypt11.711.932.631.138.5%
Bahrain3.62.03387.427.1%
Others1,6902,0751,725522-32.4%
Total3,3604,8664,2603,9615.6%

Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Oman in 2022:

  1. United Arab Emirates (131.3 tons)
  2. Turkey (16.7 tons)
  3. Tanzania (14.3 tons)
  4. India (14.3 tons)
  5. Egypt (10.6 tons)
  6. Qatar (10.2 tons)
  7. Netherlands (6.2 tons)
  8. Bahrain (2.3 tons)

Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Oman

Exports of seed; vegetable seed, of a kind used for sowings from Oman surged to 95 tons in 2022, with an increase of 84% against the year before. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 98% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of seed; vegetable seed, of a kind used for sowings declined remarkably to $107K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 123% against the previous year.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A2.265.62881.8%
Qatar9.922.29.541.861.6%
Yemen8.728.21220.1-77.4%
Bahrain3.311.02.4N/A-14.7%
Others11.313.020.3N/A34.0%
Total33.374.415710747.6%

Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Oman in 2022:

  1. United Arab Emirates (69.0 tons)
  2. Qatar (26.1 tons)

Source: IndexBox Market Intelligence Platform

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