Oman: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Oman

The Omani animal or vegetable fertilisers market stood at $X in 2022, approximately reflecting the previous year. In general, consumption recorded a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Animal Or Vegetable Fertilisers in Oman

In value terms, animal or vegetable fertilisers production declined modestly to $X in 2022 estimated in export price. Overall, production, however, showed buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Animal or vegetable fertilisers production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Animal Or Vegetable Fertilisers

Exports from Oman

In 2022, the amount of animal or vegetable fertilisers exported from Oman shrank dramatically to X tons, falling by X% against 2021 figures. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then fell significantly in the following year.

In value terms, animal or vegetable fertilisers exports reduced markedly to $X in 2022. Overall, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined dramatically in the following year.

Exports by Country

Qatar (X tons) was the main destination for animal or vegetable fertilisers exports from Oman, accounting for a X% share of total exports. It was followed by the United Arab Emirates (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to X%.

In value terms, Qatar ($X) remains the key foreign market for animal or vegetable fertilisers exports from Oman, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Qatar amounted to X%.

Export Prices by Country

The average animal or vegetable fertilisers export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price, however, recorded a remarkable increase. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained 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 ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Or Vegetable Fertilisers

Imports into Oman

Animal or vegetable fertilisers imports into Oman rose markedly to X tons in 2022, with an increase of X% on the year before. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, animal or vegetable fertilisers imports rose modestly to $X in 2022. In general, imports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Estonia (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of animal or vegetable fertilisers imports to Oman, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest animal or vegetable fertilisers suppliers to Oman were Estonia ($X), the United Arab Emirates ($X) and the UK ($X), together comprising X% of total imports. Germany, the Netherlands, Turkey, Poland and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average animal or vegetable fertilisers import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price showed a noticeable decline. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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