Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman - 2022

Contents:

1. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman (CIF) - 2022
2. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman (FOB) - 2022
3. Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman
4. Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman (CIF) - 2022

The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $5,388 per ton in 2022, jumping by 45% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($5,388 per ton), while the price for Pakistan amounted to $5,388 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+3.9%).

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman (FOB) - 2022

In 2022, the average export price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $5,123 per ton, increasing by 99% against the previous year. In general, the export price continues to indicate a moderate expansion. Over the period under review, the average export prices reached the peak figure at $5,198 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($5,123 per ton), while the average price for exports to the UK totaled $5,123 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.3%).

Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman

For the third year in a row, Oman recorded decline in overseas purchases of fresh or chilled carcasses and half-carcasses of bovine meat, which decreased by -19.1% to 1.5K tons in 2022. Overall, imports saw a abrupt curtailment. The smallest decline of -8.5% was in 2021.

In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat skyrocketed to $8M in 2022. In general, imports saw a abrupt curtailment.

Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Oman in 2022:

1. Pakistan (1408.6 tons)
2. United Arab Emirates (72.6 tons)

Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Oman

In 2022, exports of fresh or chilled carcasses and half-carcasses of bovine meat from Oman soared to 5.5 tons, growing by 4,660% on the previous year. Overall, exports posted a significant expansion.

In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat soared to $28K in 2022. Over the period under review, exports saw a significant expansion.

Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Oman in 2022:

1. United Arab Emirates (4.3 tons)
2. United Kingdom (1.3 tons)

Source: IndexBox Market Intelligence Platform