Oman: Preserved Fish Fillet Market 2024

Preserved Fish Fillet Market Size in Oman

The Omani preserved fish fillet market rose rapidly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption continues to indicate strong growth. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Preserved Fish Fillet Production in Oman

In value terms, preserved fish fillet production amounted to $X in 2022 estimated in export price. In general, production showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Preserved Fish Fillet Exports

Exports from Oman

In 2022, approx. X tons of fish fillets (dried, salted or in brine, but not smoked) were exported from Oman; dropping by X% on the previous year's figure. In general, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved fish fillet exports reduced to $X in 2022. Overall, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Sri Lanka (X tons) was the main destination for preserved fish fillet exports from Oman, accounting for a X% share of total exports. Moreover, preserved fish fillet exports to Sri Lanka exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sri Lanka amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

In value terms, Sri Lanka ($X) emerged as the key foreign market for fish fillets (dried, salted or in brine, but not smoked) exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sri Lanka amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average preserved fish fillet export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed a notable expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Saudi Arabia ($X 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 Sri Lanka (X%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Fish Fillet Imports

Imports into Oman

In 2022, supplies from abroad of fish fillets (dried, salted or in brine, but not smoked) increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a slight reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, preserved fish fillet imports dropped to $X in 2022. In general, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Yemen (X tons) constituted the largest preserved fish fillet supplier to Oman, with a X% share of total imports. Moreover, preserved fish fillet imports from Yemen exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Yemen totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United Arab Emirates (X% per year).

In value terms, India ($X), Yemen ($X) and the United Arab Emirates ($X) appeared to be the largest preserved fish fillet suppliers to Oman, together comprising X% of total imports.

Among the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average preserved fish fillet import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :