Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman - 2022

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman (FOB) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman (CIF) - 2022
3. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman
4. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman (FOB) - 2022

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $488 per ton in 2022, standing approx. at the previous year. In general, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17% against the previous year. The export price peaked at $1,351 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($599 per ton), while the average price for exports to Yemen stood at $483 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (-9.5%).

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman (CIF) - 2022

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,812 per ton in 2022, increasing by 30% against the previous year. In general, the import price recorded perceptible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Tanzania ($1,840 per ton) and India ($1,838 per ton), while the price for China ($1,408 per ton) and the United Arab Emirates ($1,838 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (+108.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman

In 2022, approx. 465 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were exported from Oman; stabilizing at the previous year's figure. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,807% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell reached $227K in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 745%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Oman in 2022:

1. Yemen (447.2 tons)
2. Qatar (18.2 tons)

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Oman

After three years of growth, supplies from abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -70.1% to 100 tons in 2022. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 90% against the previous year. As a result, imports reached the peak of 336 tons, and then plummeted in the following year.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell fell significantly to $182K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. As a result, imports reached the peak of $468K, and then reduced markedly in the following year.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Oman in 2022:

1. United Arab Emirates (55.3 tons)
2. India (33.6 tons)
3. China (10.0 tons)
4. Tanzania (0.3 tons)

Source: IndexBox Market Intelligence Platform