Starches; Inulin Price in Oman - 2021

Contents:

1. Starches; Inulin Price in Oman (CIF) - 2022
2. Starches; Inulin Price in Oman (FOB) - 2022
3. Starches; Inulin Imports in Oman
4. Starches; Inulin Exports in Oman

Starches; Inulin Price in Oman (CIF) - 2022

The average starches; inulin import price stood at $493 per ton in 2022, increasing by 1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 26% against the previous year. The import price peaked at $543 per ton in 2014; however, from 2015 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 Malta ($1,925 per ton), while the price for India ($448 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 (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Starches; Inulin Price in Oman (FOB) - 2022

In 2022, the average starches; inulin export price amounted to $739 per ton, rising by 2.3% against the previous year. Overall, the export price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,121 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($1,537 per ton), while the average price for exports to Tanzania ($306 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 Bahrain (+72.9%), while the prices for the other major destinations experienced a decline.

Starches; Inulin Imports in Oman

In 2022, supplies from abroad of starches; inulins decreased by -3.7% to 11K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 14%.

In value terms, starches; inulin imports declined slightly to $5.2M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28%.

Top Suppliers of Starches; Inulin to Oman in 2022:

1. India (5.1K tons)
2. Turkey (0.1K tons)
3. Poland (0.1K tons)
4. Malta (0.1K tons)

Starches; Inulin Exports in Oman

After three years of growth, overseas shipments of starches; inulins decreased by -9.7% to 410 tons in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 218%.

In value terms, starches; inulin exports shrank to $303K in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 307% against the previous year.

Top Export Markets for Starches; Inulin from Oman in 2022:

1. Tanzania (205.7 tons)
2. Qatar (192.6 tons)
3. Bahrain (11.7 tons)

Source: IndexBox Market Intelligence Platform