Report Update Nov 1, 2024

Oman - Cocoa Paste - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Cocoa Paste Market 2024

Cocoa Paste Market Size in Oman

The Omani cocoa paste market dropped significantly to $X in 2021, shrinking by -26.9% against the previous year. Overall, consumption, however, continues to indicate a pronounced expansion. Cocoa paste consumption peaked at $X in 2020, and then contracted significantly in the following year.

Cocoa Paste Production in Oman

In value terms, cocoa paste production reduced dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 137% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then dropped remarkably in the following year.

Cocoa Paste Exports

Exports from Oman

In 2015, approx. X kg of cocoa paste were exported from Oman; approximately equating 2014. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2015 and are likely to continue growth in the immediate term.

In value terms, cocoa paste exports stood at $X in 2015. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2015 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X kg) was the main destination for cocoa paste exports from Oman, accounting for a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2015 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Cocoa Paste Imports

Imports into Oman

In 2021, after three years of growth, there was significant decline in overseas purchases of cocoa paste, when their volume decreased by -48.3% to X tons. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 318%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cocoa paste imports dropped notably to $X in 2021. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 454% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X kg) constituted the largest supplier of cocoa paste to Oman, accounting for a 60% share of total imports. Moreover, cocoa paste imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), fourfold. The third position in this ranking was taken by the United Arab Emirates (X kg), with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (-0.1% per year) and the United Arab Emirates (-33.4% per year).

In value terms, China ($X) constituted the largest supplier of cocoa paste to Oman, comprising 50% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports. It was followed by India, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-3.0% per year) and India (+2.7% per year).

Import Prices by Country

The average cocoa paste import price stood at $X per ton in 2021, reducing by -4.3% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2015 an increase of 80%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa paste in the world?

The countries with the highest volumes of cocoa paste consumption in 2021 were China, the United States and India, with a combined 27% share of global consumption. These countries were followed by Japan, Pakistan, Indonesia, Brazil, Bangladesh, the UK, Nigeria, Russia, Mexico and Vietnam, which together accounted for a further 25%.

What are the largest producers of cocoa paste in the world?

The country with the largest volume of cocoa paste production was China, accounting for 14% of total volume. Moreover, cocoa paste production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of cocoa paste to Oman?

In value terms, the United Arab Emirates constituted the largest supplier of cocoa paste to Oman, comprising 68% of total imports. The second position in the ranking was occupied by India, with a 32% share of total imports.

What is the average export price for cocoa paste in Oman?

The average cocoa paste export price stood at $2,875 per ton in 2015, standing approx. at the previous year.

What is the average import price for cocoa paste in Oman?

The average cocoa paste import price stood at $2,478 per ton in 2021, dropping by -42.8% against the previous year.

This report provides an in-depth analysis of the cocoa paste market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023