Oman: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in Oman

In 2022, the Omani crabs, not frozen market increased by 2.6% to $X for the first time since 2014, thus ending a seven-year declining trend. In general, consumption showed significant growth. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Crabs, Not Frozen Production in Oman

In value terms, crabs, not frozen production amounted to $X in 2022 estimated in export price. Over the period under review, production enjoyed a prominent increase. The growth pace was the most rapid in 2017 when the production volume increased by 1.9%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Crabs, Not Frozen Exports

Exports from Oman

After seven years of growth, overseas shipments of crabs, not frozen decreased by -8.3% to X tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,490% against the previous year. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, crabs, not frozen exports contracted to $X in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 927% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for crabs, not frozen exports from Oman, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +33.7%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for crabs, not frozen exports from Oman.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at +35.3%.

Export Prices by Country

The average crabs, not frozen export price stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 15%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +1.2% per year.

Crabs, Not Frozen Imports

Imports into Oman

In 2022, after six years of decline, there was growth in supplies from abroad of crabs, not frozen, when their volume increased by 4% to X kg. Overall, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 1,640% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, crabs, not frozen imports rose markedly to $X in 2022. Over the period under review, imports, however, faced a dramatic decline. The pace of growth was the most pronounced in 2014 with an increase of 590% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X kg) constituted the largest crabs, not frozen supplier to Oman, with a 77% share of total imports. Moreover, crabs, not frozen imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, France (X kg), sevenfold. The Netherlands (X kg) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-26.1% per year) and the Netherlands (+24.6% per year).

In value terms, France ($X) constituted the largest supplier of crabs, not frozen to Oman, comprising 82% of total imports. The second position in the ranking was held by Thailand ($X), with a 7.9% share of total imports. It was followed by the United Arab Emirates, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at -22.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+25.9% per year) and the United Arab Emirates (-18.5% per year).

Import Prices by Country

In 2022, the average crabs, not frozen import price amounted to $X per ton, increasing by 8.4% against the previous year. Overall, the import price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 81% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 France ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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