Oman: Insecticide Market 2025

Insecticide Market Size in Oman

The Omani insecticide market totaled $X in 2021, surging by 5% against the previous year. Overall, consumption saw significant growth. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the near future.

Insecticide Production in Oman

In value terms, insecticide production dropped dramatically to $X in 2021 estimated in export price. In general, production, however, showed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 869%. Over the period under review, production reached the peak level at $X in 2020, and then plummeted in the following year.

Insecticide Exports

Exports from Oman

Insecticide exports from Oman dropped remarkably to X tons in 2021, waning by -58.4% against the previous year's figure. In general, exports, however, posted a perceptible expansion. The pace of growth was the most pronounced in 2018 with an increase of 546% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, insecticide exports contracted sharply to $X in 2021. Over the period under review, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2018 when exports increased by 775%. The exports peaked at $X in 2020, and then fell remarkably in the following year.

Exports by Country

Saudi Arabia (X tons), Yemen (X tons) and Pakistan (X tons) were the main destinations of insecticide exports from Oman, together accounting for 74% of total exports. These countries were followed by Qatar, Jordan, Kuwait, the United Arab Emirates and France, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +6,160.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for insecticides exports from Oman, comprising 45% of total exports. The second position in the ranking was held by Qatar ($X), with an 18% share of total exports. It was followed by Yemen, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+25.7% per year) and Yemen (+33.2% per year).

Export Prices by Country

The average insecticide export price stood at $X per ton in 2021, reducing by -8% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +8.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average export price increased by 41%. The export price peaked at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Insecticide Imports

Imports into Oman

In 2021, the amount of insecticides imported into Oman skyrocketed to X tons, rising by 62% against 2020 figures. In general, imports, however, saw a abrupt decline. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, insecticide imports soared to $X in 2021. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by 61% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), India (X tons) and the United Arab Emirates (X tons) were the main suppliers of insecticide imports to Oman, with a combined 51% share of total imports. These countries were followed by Belgium, Singapore, China, Saudi Arabia, Malaysia, Hong Kong SAR, Egypt, France, Germany and Spain, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +104.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of insecticides to Oman, comprising 28% of total imports. The second position in the ranking was held by Belgium ($X), with an 11% share of total imports. It was followed by India, with an 8% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-4.6% per year) and India (-1.9% per year).

Import Prices by Country

In 2021, the average insecticide import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, insecticide import price increased by +66.8% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 55%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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