Oman: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in Oman

The Omani concentrated pineapple juice market expanded significantly to $X in 2021, growing by 8.9% 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). Over the period under review, consumption showed a significant expansion. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Concentrated Pineapple Juice Exports

Exports from Oman

In 2021, the amount of concentrated pineapple juice exported from Oman skyrocketed to X tons, increasing by 484% against the previous year. Over the period under review, exports posted a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, concentrated pineapple juice exports surged to $X in 2021. Overall, exports enjoyed pronounced growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Somalia (X tons), Iran (X tons) and Yemen (X tons) were the main destinations of concentrated pineapple juice exports from Oman, with a combined 96% share of total exports.

From 2012 to 2021, the biggest increases were in Iran (with a CAGR of +29.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Somalia ($X) remains the key foreign market for concentrated pineapple juice exports from Oman, comprising 73% of total exports. The second position in the ranking was held by Iran ($X), with a 14% share of total exports. It was followed by the United Arab Emirates, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to Somalia totaled +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (-6.8% per year) and the United Arab Emirates (-12.6% per year).

Export Prices by Country

The average concentrated pineapple juice export price stood at $X per ton in 2021, with a decrease of -53.1% against the previous year. In general, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2015 an increase of 57% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Iran ($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 Bahrain (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.

Concentrated Pineapple Juice Imports

Imports into Oman

In 2021, the amount of concentrated pineapple juice imported into Oman soared to X tons, jumping by 40% on the previous year. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 124%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, concentrated pineapple juice imports fell modestly to $X in 2021. Over the period under review, imports showed a strong increase. The growth pace was the most rapid in 2020 with an increase of 145% against the previous year. As a result, imports reached the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest concentrated pineapple juice supplier to Oman, accounting for a 64% share of total imports. Moreover, concentrated pineapple juice imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. Cyprus (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +35.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+46.3% per year) and Cyprus (+18.5% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of concentrated pineapple juice to Oman, comprising 51% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 15% share of total imports. It was followed by Cyprus, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+25.7% per year) and Cyprus (+13.3% per year).

Import Prices by Country

In 2021, the average concentrated pineapple juice import price amounted to $X per ton, dropping by -31.2% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 23%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Cyprus ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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