Oman: Frozen Vegetable Market 2024

Frozen Vegetable Market Size in Oman

The Omani frozen vegetable market dropped slightly to $X in 2022, with a decrease of X% 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, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Frozen vegetable consumption peaked at $X in 2021, and then shrank in the following year.

Frozen Vegetable Exports

Exports from Oman

In 2022, approx. X tons of frozen vegetables were exported from Oman; surging by X% on 2021 figures. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen vegetable exports surged to $X in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X tons), Qatar (X tons) and India (X tons) were the main destinations of frozen vegetable exports from Oman, with a combined X% share of total exports. Saudi Arabia, Free Zones, Kuwait, Japan, Yemen, China, the UK and Lebanon lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Free Zones ($X) were the largest markets for frozen vegetable exported from Oman worldwide, with a combined X% share of total exports.

Among the main countries of destination, China, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average frozen vegetable export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price, however, saw a tangible increase. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Vegetable Imports

Imports into Oman

In 2022, the amount of frozen vegetables imported into Oman expanded slightly to X tons, growing by X% on 2021. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, frozen vegetable imports dropped slightly to $X in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of frozen vegetable to Oman, with a X% share of total imports. Moreover, frozen vegetable imports from Belgium exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fivefold. Egypt (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Egypt (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of frozen vegetables to Oman, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Egypt (X% per year).

Import Prices by Country

In 2022, the average frozen vegetable import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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