Oman: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Oman

The Omani concentrated apple juice market fell modestly to $X in 2021, declining by -2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a remarkable increase. Concentrated apple juice consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Concentrated Apple Juice Exports

Exports from Oman

In 2021, shipments abroad of concentrated apple juice decreased by -51.2% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2017 with an increase of 6,975%. The exports peaked at X tons in 2020, and then contracted notably in the following year.

In value terms, concentrated apple juice exports dropped significantly to $X in 2021. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 4,251%. As a result, the exports attained the peak of $X, and then contracted dramatically in the following year.

Exports by Country

Yemen (X tons) was the main destination for concentrated apple juice exports from Oman, with a 93% share of total exports. Moreover, concentrated apple juice exports to Yemen exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Yemen totaled +57.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-25.6% per year) and Somalia (-37.3% per year).

In value terms, Yemen ($X) emerged as the key foreign market for concentrated apple juice exports from Oman, comprising 92% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Yemen amounted to +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-30.7% per year) and Somalia (-38.4% per year).

Export Prices by Country

In 2021, the average concentrated apple juice export price amounted to $X per ton, waning by -35% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,739% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (-1.8%), while the prices for the other major destinations experienced a decline.

Concentrated Apple Juice Imports

Imports into Oman

In 2021, approx. X tons of concentrated apple juice were imported into Oman; declining by -28.5% against the year before. Over the period under review, imports, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2020 with an increase of 341%. As a result, imports attained the peak of X tons, and then fell sharply in the following year.

In value terms, concentrated apple juice imports contracted notably to $X in 2021. Overall, imports, however, showed measured growth. The pace of growth was the most pronounced in 2020 with an increase of 379%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest concentrated apple juice supplier to Oman, with a 24% share of total imports. Moreover, concentrated apple juice imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+24.6% per year) and Saudi Arabia (+8.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of concentrated apple juice to Oman, comprising 41% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 8.3% share of total imports. It was followed by Australia, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.8% per year) and Australia (-5.2% per year).

Import Prices by Country

In 2021, the average concentrated apple juice import price amounted to $X per ton, picking up by 8.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 33%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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