Price for Spices; Vanilla, Crushed or Ground in Oman - 2021

Contents:

  1. Price for Spices; Vanilla, Crushed or Ground in Oman (CIF) - 2022
  2. Imports of Spices; Vanilla, Crushed or Ground in Oman

Price for Spices; Vanilla, Crushed or Ground in Oman (CIF) - 2022

The average import price for spices; vanilla, crushed or ground stood at $1,942 per ton in 2022, surging by 5.7% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 56%. Over the period under review, average import prices attained the peak figure at $16,436 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($3,191 per ton), while the price for the United Arab Emirates stood at $536 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+132.4%), while the prices for the other major suppliers experienced a decline.

Imports of Spices; Vanilla, Crushed or Ground in Oman

In 2022, approx. 293 kg of spices; vanilla, crushed or ground were imported into Oman; picking up by 6.2% on the year before. Overall, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.

In value terms, spices; vanilla, crushed or ground imports totaled $569 in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn.

Import of Spices; Vanilla, Crushed or Ground in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia4505443484852.5%
United Arab Emirates23482.015074.0-31.9%
Jordan84.0N/AN/AN/A0%
Others21.06.09.010.0-21.9%
Total789632507569-10.3%

Top Suppliers of Spices; Vanilla, Crushed or Ground to Oman in 2022:

  1. Saudi Arabia (152.0 kg)
  2. United Arab Emirates (138.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; vanilla, crushed or ground - Oman