Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman - 2022
Contents:
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman (CIF) - 2022
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman (FOB) - 2022
- Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman
- Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman (CIF) - 2022
In 2022, the average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $2,020 per ton, with a decrease of -4.9% against the previous year. In general, the import price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2017 an increase of 34% against the previous year. As a result, import price reached the peak level of $4,274 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($4,370 per ton), while the price for India ($1,054 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman (FOB) - 2022
In 2022, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $855 per ton, waning by -7.3% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 40% against the previous year. As a result, the export price attained the peak level of $3,227 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($4,034 per ton), while the average price for exports to Yemen ($803 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 Pakistan (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman
In 2022, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa into Oman surged to 24K tons, picking up by 28% on the previous year. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 112%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa surged to $49M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 10.2 | 10.8 | 12.7 | 15.5 | 15.0% |
| Turkey | 1.7 | 2.0 | 7.5 | 7.6 | 64.7% |
| India | 0.3 | 0.8 | 1.3 | 3.5 | 126.8% |
| Pakistan | 0.2 | 0.5 | 1.3 | 3.3 | 154.6% |
| Egypt | 0.1 | 0.4 | 1.2 | 3.2 | 217.5% |
| China | 1.1 | 1.1 | 1.8 | 2.8 | 36.5% |
| Saudi Arabia | 0.7 | 2.8 | 1.1 | 1.7 | 34.4% |
| Others | 4.3 | 5.7 | 13.5 | 11.4 | 38.4% |
| Total | 18.4 | 24.2 | 40.4 | 49.0 | 38.6% |
Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Oman in 2022:
- Turkey (5.6K tons)
- United Arab Emirates (3.5K tons)
- India (3.3K tons)
- Pakistan (2.9K tons)
- Egypt (2.3K tons)
- China (1.9K tons)
- Saudi Arabia (0.8K tons)
Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman
In 2022, after three years of growth, there was significant decline in shipments abroad of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa, when their volume decreased by -28.4% to 21K tons. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 570% against the previous year.
In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa reduced sharply to $18M in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 108%.
| Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | N/A | 9.9 | 22.5 | 15.9 | 26.7% |
| Saudi Arabia | 0.2 | 0.2 | 0.4 | 0.7 | 51.8% |
| Qatar | 3.9 | 2.7 | 1.9 | 0.3 | -57.5% |
| Others | 2.8 | 1.7 | 1.9 | 0.8 | -34.1% |
| Total | 6.9 | 14.4 | 26.7 | 17.7 | 36.9% |
Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Oman in 2022:
- Yemen (19.8K tons)
- Saudi Arabia (0.5K tons)
- Qatar (0.1K tons)
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