Report Update Feb 1, 2025

Oman - Millet - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Millet Market 2025

Millet Market Size in Oman

After five years of growth, the Omani millet market decreased by -10% to $X in 2022. Over the period under review, consumption, however, posted a strong expansion. Millet consumption peaked at $X in 2021, and then contracted in the following year.

Millet Production in Oman

In value terms, millet production rose to $X in 2022 estimated in export price. Overall, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.1% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by 18% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of millet in Oman stood at less than X kg per ha in 2022, leveling off at 2021. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The millet harvested area in Oman amounted to less than X ha in 2022, remaining relatively unchanged against the previous year. In general, the harvested area saw a relatively flat trend pattern.

Millet Exports

Exports from Oman

In 2022, millet exports from Oman contracted remarkably to X tons, waning by -16.6% on 2021 figures. Over the period under review, exports continue to indicate a sharp curtailment. The smallest decline of -3.2% was in 2020. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, millet exports reached $X in 2022. In general, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 7.9%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Qatar (X tons) was the main destination for millet exports from Oman, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Qatar totaled -8.2%.

In value terms, Qatar ($X) emerged as the key foreign market for millet exports from Oman.

From 2013 to 2022, the average annual rate of growth in terms of value to Qatar totaled +4.0%.

Export Prices by Country

In 2022, the average millet export price amounted to $X per ton, jumping by 21% against the previous year. In general, the export price posted a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2013 to 2022, the rate of growth in terms of prices for Qatar amounted to +13.3% per year.

Millet Imports

Imports into Oman

In 2022, after four years of growth, there was significant decline in overseas purchases of millet, when their volume decreased by -33.6% to X tons. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 99%. Imports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, millet imports shrank remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 82%. Imports peaked at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and Pakistan (X tons) were the main suppliers of millet imports to Oman, together comprising 96% of total imports. The United States lagged somewhat behind, accounting for a further 2%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +25.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest millet suppliers to Oman were India ($X), the United Arab Emirates ($X) and Pakistan ($X), with a combined 96% share of total imports.

Pakistan, with a CAGR of +34.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average millet import price amounted to $X per ton, increasing by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2019 an increase of 25%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for millet in the world?

The country with the largest volume of millet consumption was India, accounting for 41% of total volume. Moreover, millet consumption in India exceeded the figures recorded by the second-largest consumer, Niger, fourfold. China ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of millet in the world?

The country with the largest volume of millet production was India, accounting for 41% of total volume. Moreover, millet production in India exceeded the figures recorded by the second-largest producer, Niger, fourfold. China ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of millet to Oman?

In value terms, the United Arab Emirates constituted the largest supplier of millet to Oman, comprising 53% of total imports. The second position in the ranking was occupied by India, with a 26% share of total imports. It was followed by Pakistan, with an 8.1% share.

What are the leading importers of millet from Oman?

In value terms, Tanzania $275) remains the key foreign market for millet exports from Oman.

What is the average export price for millet in Oman?

In 2014, the average millet export price amounted to $185 per ton, with a decrease of -22.2% against the previous year.

What is the average import price for millet in Oman?

In 2020, the average millet import price amounted to $383 per ton, waning by -9.3% against the previous year.

This report provides an in-depth analysis of the millet 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:

FCL 79 - Millet

Country coverage:

Oman

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:

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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024