Oman: Pesticide Market 2024

Pesticide Market Size in Oman

The Omani pesticide market totaled $X in 2022, growing by X% against the previous year. In general, consumption posted buoyant growth. Pesticide consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pesticide Production in Oman

In value terms, pesticide production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Pesticide Exports

Exports from Oman

In 2022, the amount of pesticides exported from Oman rose slightly to X tons, surging by X% on 2021. Overall, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, pesticide exports contracted rapidly to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Yemen (X tons), Saudi Arabia (X tons) and Kuwait (X tons) were the main destinations of pesticide exports from Oman, with a combined X% share of total exports. Pakistan, Qatar, the United Arab Emirates and Egypt 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 Egypt (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pesticide exported from Oman were Kuwait ($X), Qatar ($X) and Saudi Arabia ($X), together accounting for X% of total exports. Yemen, the United Arab Emirates, Pakistan and Egypt lagged somewhat behind, together accounting for a further X%.

Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pesticide export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pesticide export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then fell notably in the following year.

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 Qatar ($X per ton), while the average price for exports to Yemen ($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 Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pesticide Imports

Imports into Oman

Pesticide imports into Oman amounted to X tons in 2022, surging by X% compared with 2021 figures. Overall, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pesticide imports dropped modestly to $X in 2022. In general, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest pesticide supplier to Oman, with a X% share of total imports. Moreover, pesticide imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Bahrain (X tons), fivefold. The third position in this ranking was held by China (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 stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (X% per year) and China (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of pesticides to Oman, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Bahrain, with a 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: China (X% per year) and Bahrain (X% per year).

Import Prices by Country

The average pesticide import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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 China ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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