Oman: Meat Market 2024

Meat Market Size in Oman

In 2022, the Omani meat market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the maximum level at $X in 2021, and then contracted slightly in the following year.

Meat Production in Oman

In value terms, meat production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average meat yield in Oman stood at X kg per head, standing approx. at 2021. Over the period under review, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The meat yield peaked at X kg per head in 2015; however, from 2016 to 2022, the yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for meat production in Oman; therefore, remained relatively stable against 2021 figures. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The number of animals slaughtered for meat production peaked at X heads in 2021, and then dropped slightly in the following year.

Meat Exports

Exports from Oman

In 2022, the amount of meat exported from Oman expanded notably to X tons, increasing by X% against 2021. Overall, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, meat exports skyrocketed to $X in 2022. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports by Country

Qatar (X tons), Yemen (X tons) and China (X tons) were the main destinations of meat exports from Oman, together comprising X% of total exports. The UK, the United Arab Emirates, India, Bahrain and Iran lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X) remains the key foreign market for meat exports from Oman, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Yemen amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and the UK (X% per year).

Export Prices by Country

The average meat export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average 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 Bahrain ($X per ton), while the average price for exports to Qatar ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Imports

Imports into Oman

Meat imports into Oman contracted slightly to X tons in 2022, which is down by X% on the previous year. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, meat imports shrank to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest meat supplier to Oman, with a X% share of total imports. Moreover, meat imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Australia (X tons), sixfold. The third position in this ranking was taken by Pakistan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Pakistan (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of meat to Oman, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with an X% share of total imports. It was followed by New Zealand, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2022, the average meat import price amounted to $X per ton, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

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

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

Source: IndexBox Platform

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