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Oman - Tea - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTea Price in Oman - 2021
Contents:
Tea Price in Oman (CIF) - 2022
The average tea import price stood at $4,648 per ton in 2022, picking up by 4% against the previous year. Overall, the import price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $5,150 per ton in 2012; however, from 2013 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 India ($5,953 per ton), while the price for Kenya ($1,654 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Tea Price in Oman (FOB) - 2022
The average tea export price stood at $8,904 per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,020 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($19,495 per ton), while the average price for exports to the Netherlands ($462 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 Yemen (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Tea Imports in Oman
In 2022, the amount of tea imported into Oman surged to 6K tons, rising by 24% on 2021 figures. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 171%. As a result, imports attained the peak of 7.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, tea imports skyrocketed to $28M in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 265%. As a result, imports attained the peak of $34M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Tea in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1.9 | 2.0 | 1.7 | 10.3 | 75.7% |
Tanzania | 0.4 | 3.9 | 2.4 | 3.6 | 108.0% |
Burundi | 1.7 | 4.6 | 2.5 | 3.1 | 22.2% |
Sri Lanka | 0.6 | 0.3 | 0.3 | 2.6 | 63.0% |
Kenya | 2.0 | 1.9 | 2.8 | 2.4 | 6.3% |
Turkey | N/A | N/A | 0.1 | 0.8 | 700.0% |
United Arab Emirates | 1.7 | 19.5 | 10.5 | 0.4 | -38.3% |
Others | 1.2 | 2.0 | 1.4 | 4.8 | 58.7% |
Total | 9.4 | 34.3 | 21.8 | 28.0 | 43.9% |
Top Suppliers of Tea to Oman in 2022:
- India (1732.2 tons)
- Kenya (1442.5 tons)
- Burundi (1134.0 tons)
- Tanzania (687.3 tons)
- Sri Lanka (445.3 tons)
- Turkey (142.7 tons)
- United Arab Emirates (125.5 tons)
Tea Exports in Oman
In 2022, approx. 401 tons of tea were exported from Oman; remaining constant against 2021 figures. Overall, exports showed a mild contraction. The growth pace was the most rapid in 2021 when exports increased by 2.3%.
In value terms, tea exports totaled $3.6M in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 0.5%. As a result, the exports attained the peak of $3.6M; afterwards, it flattened through to 2022.
Export of Tea in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 1,102 | 0% |
Cyprus | N/A | N/A | N/A | 544 | 0% |
Iran | 1.7 | 88.7 | 121 | 104 | 294.0% |
Somalia | 225 | 66.5 | 97.1 | 83.6 | -28.1% |
Yemen | 19.0 | 29.7 | 50.2 | 43.2 | 31.5% |
Netherlands | N/A | N/A | 470 | 13.6 | -97.1% |
Saudi Arabia | 2,205 | 2,181 | 2,008 | 0.1 | -96.4% |
Cote d'Ivoire | 263 | N/A | N/A | N/A | 0% |
Indonesia | 505 | N/A | N/A | N/A | 0% |
Portugal | N/A | N/A | 297 | N/A | 0% |
Others | 339 | 1,210 | 523 | 1,681 | 70.5% |
Total | 3,557 | 3,576 | 3,567 | 3,571 | 0.1% |
Top Export Markets for Tea from Oman in 2022:
- Saudi Arabia (undefined tons)
- Germany (111.7 tons)
- Somalia (34.9 tons)
- Netherlands (29.4 tons)
- Cyprus (29.4 tons)
- Yemen (14.7 tons)
- Iran (8.7 tons)
This report provides an in-depth analysis of the tea market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 667 - Tea
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tea market in Oman.
This report provides an in-depth analysis of the global tea market.
This report provides an in-depth analysis of the tea market in Oman.
This report provides an in-depth analysis of the global tea market.
Discover the top import markets for tea around the world based on data from the IndexBox market intelligence platform.
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