Price for Cereal Flours; Other than of Wheat or Meslin in Oman - 2022
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Oman (CIF) - 2022
- Price for Cereal Flours; Other than of Wheat or Meslin in Oman (FOB) - 2022
- Imports of Cereal Flours; Other than of Wheat or Meslin in Oman
- Exports of Cereal Flours; Other than of Wheat or Meslin in Oman
Price for Cereal Flours; Other than of Wheat or Meslin in Oman (CIF) - 2022
The average import price for cereal flours; other than of wheat or meslin stood at $948 per ton in December 2022, growing by 9.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $993 per ton in September 2022; however, from October 2022 to December 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was India ($1,001 per ton), while the price for the United States ($813 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by India (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flours; Other than of Wheat or Meslin in Oman (FOB) - 2022
In 2022, the average export price for cereal flours; other than of wheat or meslin amounted to $768 per ton, picking up by 40% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 66%. Over the period under review, the average export prices reached the peak figure at $1,045 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($908 per ton), while the average price for exports to Yemen ($127 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 (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereal Flours; Other than of Wheat or Meslin in Oman
In 2022, imports of cereal flours; other than of wheat or meslin into Oman soared to 3.9K tons, growing by 19% compared with 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of cereal flours; other than of wheat or meslin surged to $3.5M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 51%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Cereal Flours; Other than of Wheat or Meslin in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 16.1 | 34.4 | 51.1 | 1,689 | 371.6% |
| United Arab Emirates | 25.1 | 55.1 | 32.4 | 668 | 198.6% |
| Pakistan | 0.7 | 4.1 | 7.8 | 298 | 652.3% |
| United States | 11.9 | 9.0 | 2.9 | 277 | 185.5% |
| Germany | 0.5 | 1.7 | 4.5 | 187 | 620.5% |
| Belgium | 0.1 | 0.2 | 0.2 | 180 | 1116.4% |
| Tanzania | 0.1 | N/A | 0.6 | 48.3 | 684.6% |
| Russia | 1,449 | 2,182 | 2,495 | N/A | 31.2% |
| Argentina | 198 | 278 | 295 | N/A | 22.1% |
| Others | 11.9 | 20.9 | 21.6 | 141 | 128.0% |
| Total | 1,713 | 2,586 | 2,911 | 3,489 | 26.8% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Oman in 2022:
- India (1705.9 tons)
- United Arab Emirates (754.7 tons)
- United States (338.3 tons)
- Pakistan (295.7 tons)
- Germany (230.2 tons)
- Belgium (221.6 tons)
- Tanzania (167.8 tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in Oman
In 2022, shipments abroad of cereal flours; other than of wheat or meslin decreased by -9.2% to 2.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 141%. As a result, the exports attained the peak of 2.3K tons, and then dropped in the following year.
In value terms, exports of cereal flours; other than of wheat or meslin soared to $1.6M in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 171%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Cereal Flours; Other than of Wheat or Meslin in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 96.9 | 298 | 1,013 | 1,419 | 144.7% |
| United Arab Emirates | 78.3 | 182 | 136 | 105 | 10.3% |
| Yemen | 7.0 | 53.5 | 105 | 45.3 | 86.4% |
| Qatar | 27.6 | 35.9 | 2.9 | 27.7 | 0.1% |
| Others | 2.0 | 4.2 | 1.7 | 5.6 | 40.9% |
| Total | 212 | 574 | 1,259 | 1,603 | 96.3% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Oman in 2022:
- Somalia (1562.1 tons)
- Yemen (357.0 tons)
- United Arab Emirates (115.8 tons)
- Qatar (44.3 tons)
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This report provides an in-depth analysis of the cereal flour market in Oman.
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