Oman: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Oman

The Omani homogenised jam and marmalade market shrank to $X in 2022, with a decrease of -7.8% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Oman

In value terms, homogenised jam and marmalade production contracted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +9.9% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 65% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Oman

Homogenised jam and marmalade exports from Oman skyrocketed to X tons in 2022, jumping by 65% against 2021. Overall, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 353%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade exports skyrocketed to $X in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 677%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Somalia (X tons) was the main destination for homogenised jam and marmalade exports from Oman, accounting for a 79% share of total exports. Moreover, homogenised jam and marmalade exports to Somalia exceeded the volume sent to the second major destination, Qatar (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Somalia amounted to +22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+5.2% per year) and Saudi Arabia (-4.2% per year).

In value terms, Somalia ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Oman, comprising 54% of total exports. The second position in the ranking was held by Qatar ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Somalia amounted to +43.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+14.5% per year) and Saudi Arabia (+16.7% per year).

Export Prices by Country

The average homogenised jam and marmalade export price stood at $X per ton in 2022, increasing by 33% against the previous year. Over the period under review, the export price showed prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices attained the peak figure 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 Saudi Arabia ($X per ton), while the average price for exports to Somalia ($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 Seychelles (+213.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Oman

In 2022, approx. X tons of homogenised preparations of jams, fruit jellies and marmalades were imported into Oman; almost unchanged from the year before. In general, imports, however, showed a mild setback. The growth pace was the most rapid in 2020 when imports increased by 56%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade imports reached $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 66%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Syrian Arab Republic (X tons), the United Arab Emirates (X tons) and Italy (X tons) were the main suppliers of homogenised jam and marmalade imports to Oman, together accounting for 50% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Syrian Arab Republic (with a CAGR of +29.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest homogenised jam and marmalade suppliers to Oman were the United Arab Emirates ($X), Syrian Arab Republic ($X) and Italy ($X), together comprising 52% of total imports.

Among the main suppliers, Syrian Arab Republic, with a CAGR of +39.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average homogenised jam and marmalade import price amounted to $X per ton, with an increase of 7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2014 an increase of 18%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Spain ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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