Oman: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Oman

After five years of growth, the Omani mixes and doughs market decreased by -1.7% to $X in 2022. Overall, consumption, however, saw a relatively flat trend pattern. Mixes and doughs consumption peaked at $X in 2021, and then shrank in the following year.

Mixes And Doughs Production in Oman

In value terms, mixes and doughs production shrank modestly to $X in 2022 estimated in export price. In general, production showed a pronounced descent. The growth pace was the most rapid in 2019 with an increase of 61%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Mixes And Doughs Exports

Exports from Oman

In 2022, overseas shipments of mixes and doughs were finally on the rise to reach X tons after four years of decline. Over the period under review, exports, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2015 with an increase of 125%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, mixes and doughs exports expanded notably to $X in 2022. Overall, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 135%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Yemen (X tons), Kuwait (X tons) and the United Arab Emirates (X tons) were the main destinations of mixes and doughs exports from Oman, with a combined 54% share of total exports. Iraq, Saudi Arabia, Qatar, Djibouti, Palestine, Jordan and Nigeria lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Djibouti (with a CAGR of +20.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixes and doughs exported from Oman were the United Arab Emirates ($X), Kuwait ($X) and Saudi Arabia ($X), together comprising 62% of total exports. Qatar, Iraq, Yemen, Djibouti, Palestine, Jordan and Nigeria lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Djibouti, with a CAGR of +24.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, with an increase of 5.8% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 15%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Yemen ($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 Palestine (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into Oman

After two years of growth, supplies from abroad of mixes and doughs decreased by -0.1% to X tons in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by +88.5% against 2014 indices. The growth pace was the most rapid in 2017 when imports increased by 22%. Imports peaked at X tons in 2021, and then declined slightly in the following year.

In value terms, mixes and doughs imports shrank slightly to $X in 2022. In general, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 20%. Over the period under review, imports hit record highs at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of mixes and doughs to Oman, accounting for a 57% share of total imports. Moreover, mixes and doughs imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. The third position in this ranking was held by Belgium (X tons), with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+17.6% per year) and Belgium (+9.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of mixes and doughs to Oman, comprising 59% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 19% share of total imports. It was followed by Belgium, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+20.7% per year) and Belgium (+6.1% per year).

Import Prices by Country

The average mixes and doughs import price stood at $X per ton in 2022, with a decrease of -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2014 an increase of 12%. The import price peaked at $X per ton in 2021, and then reduced modestly in the following year.

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 Saudi Arabia ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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