Oman: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Oman

The Omani market for concentrated lemon and other citrus fruit juice contracted sharply to $X in 2021, dropping by -28.8% against the previous year. In general, consumption, however, recorded a strong expansion. As a result, consumption attained the peak level of $X, and then declined dramatically in the following year.

Production of Concentrated Lemon And Other Citrus Fruit Juice in Oman

In value terms, production of concentrated lemon and other citrus fruit juice dropped slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +9.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 48% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Oman

Exports of concentrated lemon and other citrus fruit juice from Oman soared to X tons in 2021, picking up by 244% compared with 2020 figures. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 1,043%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of concentrated lemon and other citrus fruit juice soared to $X in 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 873% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Somalia (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Oman, with a 89% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to Somalia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume to Somalia amounted to +42.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+55.5% per year) and Ethiopia (-28.1% per year).

In value terms, Somalia ($X) remains the key foreign market for concentrated lemon and other citrus fruit juice exports from Oman, comprising 84% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Somalia amounted to +42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+99.8% per year) and Ethiopia (-20.6% per year).

Export Prices by Country

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, shrinking by -14.2% against the previous year. In general, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 80% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Somalia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Oman

After two years of growth, overseas purchases of concentrated lemon and other citrus fruit juice decreased by -29.3% to X tons in 2021. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 486% against the previous year. As a result, imports attained the peak of X tons, and then reduced markedly in the following year.

In value terms, imports of concentrated lemon and other citrus fruit juice contracted to $X in 2021. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 439%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and Thailand (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to Oman, with a combined 89% share of total imports. Egypt, Sri Lanka, Jordan, Bangladesh and Lebanon lagged somewhat behind, together accounting for a further 6.7%.

From 2012 to 2021, the biggest increases were in Sri Lanka (with a CAGR of +177.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of concentrated lemon and other citrus fruit juice to Oman, comprising 65% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with an 18% share of total imports. It was followed by Thailand, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +71.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+53.9% per year) and Thailand (+51.9% per year).

Import Prices by Country

In 2021, the average import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, picking up by 21% against the previous year. In general, the import price showed a buoyant increase. The growth pace was the most rapid in 2017 an increase of 43%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :