Oman - Mackerel (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOman: Preserved Mackerel Market 2024
Preserved Mackerel Market Size in Oman
The Omani preserved mackerel market declined to $X in 2021, with a decrease of -9.6% against the previous year. Overall, consumption, however, enjoyed a remarkable increase. Preserved mackerel consumption peaked at $X in 2020, and then dropped in the following year.
Preserved Mackerel Production in Oman
In value terms, preserved mackerel production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 96% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.
Preserved Mackerel Exports
Exports from Oman
In 2021, shipments abroad of mackerel (prepared or preserved) increased by 71% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a noticeable shrinkage. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.
In value terms, preserved mackerel exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.
Exports by Country
Qatar (X tons) was the main destination for preserved mackerel exports from Oman, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Qatar totaled -3.0%.
In value terms, Qatar ($X) also remains the key foreign market for mackerel (prepared or preserved) exports from Oman.
From 2012 to 2021, the average annual growth rate of value to Qatar totaled -5.5%.
Export Prices by Country
In 2021, the average preserved mackerel export price amounted to $X per ton, leveling off at the previous year. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 18%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to -2.6% per year.
Preserved Mackerel Imports
Imports into Oman
In 2021, after three years of growth, there was decline in purchases abroad of mackerel (prepared or preserved), when their volume decreased by -2.1% to X tons. In general, imports saw a mild decline. The most prominent rate of growth was recorded in 2020 with an increase of 107% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, preserved mackerel imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 107%. Imports peaked in 2021 and are likely to continue growth in the near future.
Imports by Country
In 2021, Thailand (X tons) was the main preserved mackerel supplier to Oman, accounting for a 93% share of total imports. Moreover, preserved mackerel imports from Thailand exceeded the figures recorded by the second-largest supplier, the Philippines (X tons), more than tenfold. The third position in this ranking was held by the UK (X kg), with a 1.3% share.
From 2012 to 2021, the average annual growth rate of volume from Thailand totaled +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+6.1% per year) and the UK (-24.7% per year).
In value terms, Thailand ($X) constituted the largest supplier of mackerel (prepared or preserved) to Oman, comprising 91% of total imports. The second position in the ranking was taken by the UK ($X), with a 3.4% share of total imports. It was followed by the Philippines, with a 3.3% share.
From 2012 to 2021, the average annual growth rate of value from Thailand stood at +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-19.2% per year) and the Philippines (+7.3% per year).
Import Prices by Country
The average preserved mackerel import price stood at $X per ton in 2021, jumping by 52% against the previous year. Overall, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 59% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the Philippines ($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 (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the preserved mackerel 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 2030.
Product coverage:
- Prodcom 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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