Oman: Dairy Spread Market 2025

Dairy Spread Market Size in Oman

After two years of growth, the Omani dairy spread market decreased by -22.6% to $X in 2022. Over the period under review, consumption, however, posted buoyant growth. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Dairy Spread Production in Oman

In value terms, dairy spread production declined remarkably to $X in 2022 estimated in export price. Over the period under review, production saw a sharp descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by 16% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Dairy Spread Exports

Exports from Oman

After four years of growth, shipments abroad of dairy spreads decreased by -13.7% to X tons in 2022. In general, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 89%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, dairy spread exports dropped dramatically to $X in 2022. Overall, exports, however, showed a temperate increase. The growth pace was the most rapid in 2021 when exports increased by 98% against the previous year. As a result, the exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

Kuwait (X tons) and the United Arab Emirates (X tons) were the main destinations of dairy spread exports from Oman.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +25.4%).

In value terms, Kuwait ($X) remains the key foreign market for dairy spreads exports from Oman, comprising 88% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Kuwait totaled +4.7%.

Export Prices by Country

In 2022, the average dairy spread export price amounted to $X per ton, declining by -12.8% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-0.8%).

Dairy Spread Imports

Imports into Oman

After five years of growth, overseas purchases of dairy spreads decreased by -21.1% to X tons in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 722% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then fell sharply in the following year.

In value terms, dairy spread imports contracted significantly to $X in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2017 when imports increased by 602% against the previous year. Imports peaked at $X in 2021, and then reduced markedly in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) was the main supplier of dairy spread to Oman, with a 93% share of total imports. Moreover, dairy spread imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled +61.3%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of dairy spreads to Oman, comprising 93% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia stood at +65.0%.

Import Prices by Country

The average dairy spread import price stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.3%).

Source: IndexBox Platform

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