Oman: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Oman

The Omani medicaments containing hormones market reduced notably to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a buoyant expansion. Medicaments containing hormones consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Medicaments Containing Hormones Exports

Exports from Oman

In 2022, shipments abroad of medicaments containing hormones but not antibiotics decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, medicaments containing hormones exports declined sharply to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then plummeted in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for medicaments containing hormones exports from Oman, with a X% share of total exports. Moreover, medicaments containing hormones exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%.

In value terms, the United Arab Emirates ($X) and Saudi Arabia ($X) were the largest markets for medicaments containing hormones exported from Oman worldwide.

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average medicaments containing hormones export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Saudi Arabia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Hormones Imports

Imports into Oman

Medicaments containing hormones imports into Oman declined rapidly to X tons in 2022, which is down by X% on 2021. Overall, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, medicaments containing hormones imports dropped rapidly to $X in 2022. Over the period under review, imports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Kuwait (X tons) constituted the largest medicaments containing hormones supplier to Oman, with a X% share of total imports. Moreover, medicaments containing hormones imports from Kuwait exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. Saudi Arabia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Kuwait totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Saudi Arabia (X% per year).

In value terms, Kuwait ($X), India ($X) and Saudi Arabia ($X) were the largest medicaments containing hormones suppliers to Oman, together accounting for X% of total imports.

Among the main suppliers, Kuwait, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average medicaments containing hormones import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, 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 Saudi Arabia ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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