Oman: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Oman

The Omani carrot and turnip market reduced sharply to $X in 2022, which is down by -19.4% against the previous year. In general, consumption, however, recorded a strong expansion. Carrot and turnip consumption peaked at $X in 2021, and then dropped dramatically in the following year.

Carrot And Turnip Production in Oman

In value terms, carrot and turnip production fell to $X in 2022 estimated in export price. In general, production, however, saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 317%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The average yield of carrots and turnips in Oman rose markedly to X tons per ha in 2022, growing by 6% against 2021. Over the period under review, the yield posted a strong increase. The most prominent rate of growth was recorded in 2017 when the yield increased by 98%. Over the period under review, the average carrot and turnip yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the carrot and turnip harvested area in Oman fell notably to X ha, waning by -22.2% on 2021 figures. Overall, the harvested area, however, saw resilient growth. The pace of growth was the most pronounced in 2017 when the harvested area increased by 111% against the previous year. The carrot and turnip harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports from Oman

In 2022, approx. X tons of carrots and turnips were exported from Oman; with a decrease of -3.1% compared with 2021. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.2% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 66%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, carrot and turnip exports reduced slightly to $X in 2022. In general, exports, however, saw a modest increase. The most prominent rate of growth was recorded in 2017 when exports increased by 67%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Qatar (X tons) and Bahrain (X tons) were the main destinations of carrot and turnip exports from Oman, with a combined 87% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +22.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carrot and turnip exported from Oman were the United Arab Emirates ($X), Qatar ($X) and Bahrain ($X), with a combined 84% share of total exports.

Bahrain, with a CAGR of +21.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average carrot and turnip export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 17%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to the United Arab Emirates ($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 Kuwait (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into Oman

In 2022, carrot and turnip imports into Oman declined to X tons, leveling off at 2021 figures. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 35%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, carrot and turnip imports contracted to $X in 2022. Overall, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.4% against 2016 indices. The pace of growth was the most pronounced in 2019 when imports increased by 30% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Egypt (X tons) were the main suppliers of carrot and turnip imports to Oman, together comprising 85% of total imports. Iran, Australia and Singapore lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of +55.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and Australia ($X) appeared to be the largest carrot and turnip suppliers to Oman, together accounting for 85% of total imports. Egypt, Singapore and Iran lagged somewhat behind, together accounting for a further 6.5%.

Among the main suppliers, Iran, with a CAGR of +44.2%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average carrot and turnip import price amounted to $X per ton, falling by -8.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 18%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

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 the United Arab Emirates ($X per ton), while the price for Iran ($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 United Arab Emirates (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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