Oman: Meat Dishes Market 2024

Meat Dishes Market Size in Oman

The Omani meat dishes market shrank rapidly to $X in 2022, falling by -22.5% against the previous year. Over the period under review, consumption, however, continues to indicate a strong expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Meat Dishes Production in Oman

In value terms, meat dishes production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The growth pace was the most rapid in 2016 when the production volume increased by 239% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Meat Dishes Exports

Exports from Oman

In 2022, after three years of decline, there was significant growth in shipments abroad of meat dishes, when their volume increased by 27% to X tons. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by 331%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, meat dishes exports surged to $X in 2022. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2018 when exports increased by 259% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for meat dishes exports from Oman, with a 60% share of total exports. Moreover, meat dishes exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fivefold. Somalia (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar stood at +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+2.1% per year) and Somalia (+55.1% per year).

In value terms, Qatar ($X) emerged as the key foreign market for meat dishes exports from Oman, comprising 60% of total exports. The second position in the ranking was held by Somalia ($X), with an 18% share of total exports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar totaled +26.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+76.7% per year) and the United Arab Emirates (+7.9% per year).

Export Prices by Country

In 2022, the average meat dishes export price amounted to $X per ton, rising by 8.7% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 2016 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Yemen ($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 Somalia (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into Oman

In 2022, approx. X tons of meat dishes were imported into Oman; with a decrease of -81.5% against 2021 figures. In general, imports saw a abrupt slump. The growth pace was the most rapid in 2019 with an increase of 119%. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted dramatically in the following year.

In value terms, meat dishes imports dropped rapidly to $X in 2022. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 123% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of meat dishes to Oman, with a 69% share of total imports. Moreover, meat dishes imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), eightfold. Brazil (X tons) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled -8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-3.2% per year) and Brazil (-24.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of meat dishes to Oman, comprising 72% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with an 11% share of total imports. It was followed by Brazil, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-5.6% per year) and Brazil (-26.7% per year).

Import Prices by Country

The average meat dishes import price stood at $X per ton in 2022, waning by -11.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2017 an increase of 39% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Kuwait ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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