Price for Cereal Groats and Meal; of Wheat in Oman - 2022
Contents:
- Price for Cereal Groats and Meal; of Wheat in Oman (CIF) - 2022
- Price for Cereal Groats and Meal; of Wheat in Oman (FOB) - 2022
- Imports of Cereal Groats and Meal; of Wheat in Oman
- Exports of Cereal Groats and Meal; of Wheat in Oman
Price for Cereal Groats and Meal; of Wheat in Oman (CIF) - 2022
The average import price for cereal groats and meal; of wheats stood at $789 per ton in 2022, with a decrease of -5.5% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal groats and meal; of wheats increased by +78.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59% against the previous year. The import price peaked at $1,078 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,306 per ton), while the price for Yemen ($418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats and Meal; of Wheat in Oman (FOB) - 2022
In 2022, the average export price for cereal groats and meal; of wheats amounted to $746 per ton, therefore, remained relatively stable against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal groats and meal; of wheats decreased by -1.3% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 51%. As a result, the export price reached the peak level of $756 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($954 per ton), while the average price for exports to Yemen ($404 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 (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereal Groats and Meal; of Wheat in Oman
In 2022, purchases abroad of cereal groats and meal; of wheats was finally on the rise to reach 1.3K tons after two years of decline. Over the period under review, imports, however, faced a significant decrease.
In value terms, imports of cereal groats and meal; of wheats surged to $1.1M in 2022. Overall, imports, however, saw a precipitous curtailment.
| Import of Cereal Groats and Meal; of Wheat in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 512 | 523 | 629 | 380 | -9.5% |
| Yemen | 745 | 534 | 40.0 | 231 | -32.3% |
| India | 141 | 187 | 41.2 | 204 | 13.1% |
| Turkey | 773 | 508 | 35.0 | 185 | -37.9% |
| Others | 123 | 106 | 10.6 | 63.2 | -19.9% |
| Total | 2,294 | 1,858 | 756 | 1,063 | -22.6% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Oman in 2022:
- Yemen (551.9 tons)
- Turkey (313.5 tons)
- United Arab Emirates (290.6 tons)
- India (156.1 tons)
Exports of Cereal Groats and Meal; of Wheat in Oman
In 2022, approx. 223 tons of cereal groats and meal; of wheats were exported from Oman; rising by 86% on 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 126%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of cereal groats and meal; of wheats skyrocketed to $166K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 195% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Cereal Groats and Meal; of Wheat in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 2.2 | 15.6 | 55.0 | 128 | 287.5% |
| Kuwait | 11.3 | 10.5 | 28.3 | 36.2 | 47.4% |
| Yemen | 0.3 | 0.5 | 5.1 | 1.5 | 71.0% |
| Others | 0.4 | 3.4 | 0.3 | 0.7 | 20.5% |
| Total | 14.3 | 30.0 | 88.7 | 166 | 126.4% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Oman in 2022:
- Qatar (134.1 tons)
- Kuwait (84.5 tons)
- Yemen (3.6 tons)
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