Report Update Nov 1, 2024

Oman - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Frozen Atlantic Halibut Market 2022

Frozen Atlantic Halibut Market Size in Oman

In 2019, the Omani frozen atlantic halibut market increased by X% to $X, rising for the ninth consecutive year after two years of decline. Over the period under review, consumption saw significant growth. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2020; afterwards, it flattened through to 2019.

Frozen Atlantic Halibut Production in Oman

In value terms, frozen atlantic halibut production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a resilient increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2018 to 2020, production growth remained at a lower figure.

Frozen Atlantic Halibut Exports

Exports from Oman

In 2020, after two years of decline, there was growth in overseas shipments of frozen atlantic halibut, when their volume increased by X% to X tons. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, frozen atlantic halibut exports totaled $X in 2020. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2013 to 2020, the growth exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for frozen atlantic halibut exports from Oman, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +X%.

From 2007 to 2018, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +X%.

Export Prices by Country

The average frozen atlantic halibut export price stood at $X per ton in 2018, reducing by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices stood 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 2007 to 2018, the rate of growth in terms of prices for the United Arab Emirates amounted to -X% per year.

Frozen Atlantic Halibut Imports

Imports into Oman

In 2020, after two years of growth, there was significant decline in purchases abroad of frozen atlantic halibut, when their volume decreased by -X% to X kg. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

In value terms, frozen atlantic halibut imports fell dramatically to $X in 2020. In general, imports faced a deep contraction. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

Yemen (X kg), South Korea (X kg) and the United Arab Emirates (X kg) were the main suppliers of frozen atlantic halibut imports to Oman, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in the United Arab Emirates, while purchases for the other leaders experienced a decline.

In value terms, Yemen ($X) constituted the largest supplier of frozen atlantic halibut to Oman, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Yemen totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and the United Arab Emirates (-X% per year).

Import Prices by Country

The average frozen atlantic halibut import price stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Yemen ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Yemen, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen atlantic halibut in the world?

The countries with the highest volumes of frozen atlantic halibut consumption in 2020 were China, Denmark and Japan, together comprising 74% of global consumption.

What are the largest producers of frozen atlantic halibut in the world?

Denmark remains the largest frozen atlantic halibut producing country worldwide, comprising approx. 42% of total volume. Moreover, frozen atlantic halibut production in Denmark exceeded the figures recorded by the second-largest producer, Canada, twofold. The third position in this ranking was occupied by Norway, with a 13% share.

What are the leading suppliers of frozen atlantic halibut to Oman?

In value terms, Yemen constituted the largest supplier of frozen atlantic halibut to Oman, comprising 93% of total imports. The second position in the ranking was occupied by South Korea $100), with a 5.3% share of total imports.

What is the average export price for frozen atlantic halibut in Oman?

The average frozen atlantic halibut export price stood at $2,118 per ton in 2018, dropping by -3.8% against the previous year.

What is the average import price for frozen atlantic halibut in Oman?

In 2020, the average frozen atlantic halibut import price amounted to $5,363 per ton, jumping by 112% against the previous year.

This report provides an in-depth analysis of the frozen atlantic halibut 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 2025.

Product coverage:

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