Price for Cereals; Grain Sorghum, Other than Seed in Oman - 2022

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Oman (CIF) - 2022
  2. Imports of Cereals; Grain Sorghum, Other than Seed in Oman

Price for Cereals; Grain Sorghum, Other than Seed in Oman (CIF) - 2022

The average import price for cereals; grain sorghum, other than seeds stood at $350 per ton in 2022, waning by -5.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 51%. As a result, import price attained the peak level of $492 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($350 per ton), while the price for India amounted to $350 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.1%).

Imports of Cereals; Grain Sorghum, Other than Seed in Oman

Imports of cereals; grain sorghum, other than seeds into Oman reduced rapidly to 968 tons in 2022, waning by -40.5% against the previous year's figure. Over the period under review, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of 1.6K tons, and then fell notably in the following year.

In value terms, imports of cereals; grain sorghum, other than seeds fell sharply to $339K in 2022. Overall, imports recorded a slight reduction. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year.

Import of Cereals; Grain Sorghum, Other than Seed in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India84.910826423841.0%
United Arab Emirates220375322101-22.9%
Egypt27.1N/AN/AN/A0%
Others24.017.519.2N/A-10.6%
Total356501606339-1.6%

Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Oman in 2022:

  1. India (680.4 tons)
  2. United Arab Emirates (287.6 tons)

Source: IndexBox Market Intelligence Platform

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