Oman: Maltodextrine Market 2024

Maltodextrine Market Size in Oman

After two years of growth, the Omani maltodextrine market decreased by -39.2% to $X in 2021. Overall, consumption, however, recorded a significant increase. Over the period under review, the market hit record highs at $X in 2020, and then dropped notably in the following year.

Maltodextrine Exports

Exports from Oman

In 2021, the amount of maltodextrine and maltodextine syrup exported from Oman declined sharply to X tons, falling by -53.2% against the previous year's figure. Overall, exports saw a significant decrease. The most prominent rate of growth was recorded in 2017 with an increase of 3,046%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, maltodextrine exports contracted significantly to $X in 2021. In general, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2017 with an increase of 2,650% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Yemen (X tons) was the main destination for maltodextrine exports from Oman, with a 79% share of total exports. Moreover, maltodextrine exports to Yemen exceeded the volume sent to the second major destination, Somalia (X tons), fivefold. The United Arab Emirates (X kg) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Yemen totaled +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-36.3% per year) and the United Arab Emirates (-3.6% per year).

In value terms, Yemen ($X) emerged as the key foreign market for maltodextrine and maltodextine syrup exports from Oman, comprising 54% of total exports. The second position in the ranking was taken by Somalia ($X), with a 24% share of total exports. It was followed by the United Arab Emirates, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value to Yemen amounted to +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-30.6% per year) and the United Arab Emirates (+25.9% per year).

Export Prices by Country

In 2021, the average maltodextrine export price amounted to $X per ton, declining by -3.4% against the previous year. Overall, the export price, however, saw a notable expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 146%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Yemen ($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 (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.

Maltodextrine Imports

Imports into Oman

In 2021, overseas purchases of maltodextrine and maltodextine syrup decreased by -35% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 367% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, maltodextrine imports reduced dramatically to $X in 2021. In general, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 334% against the previous year. Imports peaked at $X in 2020, and then shrank sharply in the following year.

Imports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and India (X tons) were the main suppliers of maltodextrine imports to Oman, with a combined 74% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +48.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constituted the largest supplier of maltodextrine and maltodextine syrup to Oman, comprising 58% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 22% share of total imports. It was followed by Mauritius, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia totaled +61.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+12.8% per year) and Mauritius (+7.6% per year).

Import Prices by Country

The average maltodextrine import price stood at $X per ton in 2021, dropping by -8.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 34%. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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