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Oman - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOman: Canned Vegetable Market 2024
Canned Vegetable Market Size in Oman
In 2022, the Omani canned vegetable market decreased by -53.1% to $X, falling for the second year in a row after five years of growth. In general, consumption recorded a pronounced decline. Canned vegetable consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.
Canned Vegetable Exports
Exports from Oman
In 2022, the amount of canned vegetables exported from Oman reduced dramatically to X tons, waning by -47.4% against 2021 figures. In general, exports faced a significant decrease. The pace of growth was the most pronounced in 2017 with an increase of 1,652% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.
In value terms, canned vegetable exports reduced remarkably to $X in 2022. Overall, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2017 when exports increased by 795%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Yemen (X tons) was the main destination for canned vegetable exports from Oman, with a 62% share of total exports. Moreover, canned vegetable exports to Yemen exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. The third position in this ranking was held by Somalia (X tons), with a 13% share.
From 2012 to 2022, the average annual growth rate of volume to Yemen amounted to -13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-22.4% per year) and Somalia (-31.6% per year).
In value terms, Yemen ($X) remains the key foreign market for canned vegetables exports from Oman, comprising 41% of total exports. The second position in the ranking was taken by Somalia ($X), with a 15% share of total exports. It was followed by Qatar, with a 12% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Yemen totaled -10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-20.7% per year) and Qatar (+1.0% per year).
Export Prices by Country
The average canned vegetable export price stood at $X per ton in 2022, with an increase of 7.7% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 107%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Yemen ($X 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 Qatar (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Imports
Imports into Oman
For the third year in a row, Oman recorded decline in purchases abroad of canned vegetables, which decreased by -62.1% to X tons in 2022. Over the period under review, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 34% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, canned vegetable imports dropped markedly to $X in 2022. In general, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 46% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, the United Arab Emirates (X tons) constituted the largest supplier of canned vegetable to Oman, with a 60% share of total imports. Moreover, canned vegetable imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Spain (X tons), eightfold. The third position in this ranking was taken by China (X tons), with a 4.8% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-14.3% per year) and China (-14.4% per year).
In value terms, the United Arab Emirates ($X) constituted the largest supplier of canned vegetables to Oman, comprising 45% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 14% share of total imports. It was followed by Spain, with a 10% share.
From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+33.6% per year) and Spain (-7.2% per year).
Import Prices by Country
In 2022, the average canned vegetable import price amounted to $X per ton, jumping by 30% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned vegetable import price increased by +61.7% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the canned vegetable 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 472 - Vegetables, Preserved nes (O/T vinegar)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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
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