Report Update Nov 1, 2024

Oman - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Smoked Herring Market 2024

Smoked Herring Market Size in Oman

The Omani smoked herring market totaled $X in 2022, flattening at the previous year. Over the period under review, consumption saw a mild downturn. Smoked herring consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Smoked Herring Production in Oman

In value terms, smoked herring production amounted to $X in 2022 estimated in export price. In general, production saw a pronounced decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by 66% against the previous year. Smoked herring production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Smoked Herring Exports

Exports from Oman

In 2022, the amount of smoked herrings exported from Oman skyrocketed to X tons, picking up by 316% against the previous year's figure. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of 819%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, smoked herring exports soared to $X in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 453% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Qatar stood at +55.7%.

In value terms, Qatar ($X) also remains the key foreign market for smoked herrings exports from Oman.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar amounted to +49.3%.

Export Prices by Country

The average smoked herring export price stood at $X per ton in 2022, with an increase of 3.5% against the previous year. In general, the export price, however, saw a pronounced decline. The growth pace was the most rapid in 2018 an increase of 47%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -4.2% per year.

Smoked Herring Imports

Imports into Oman

In 2022, imports of smoked herrings into Oman rose remarkably to X tons, surging by 13% compared with the previous year's figure. Overall, imports posted strong growth. The growth pace was the most rapid in 2019 when imports increased by 601%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, smoked herring imports rose significantly to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 750%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest smoked herring supplier to Oman, with a 74% share of total imports. Moreover, smoked herring imports from the UK exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. Egypt (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+10.4% per year) and Egypt (-11.0% per year).

In value terms, the UK ($X), France ($X) and Qatar ($X) constituted the largest smoked herring suppliers to Oman, with a combined 84% share of total imports.

In terms of the main suppliers, Qatar, with a CAGR of +226.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average smoked herring import price stood at $X per ton in 2022, dropping by -6.3% against the previous year. Over the period under review, the import price, however, saw notable growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 69% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for smoked herrings in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 46% share of global consumption. The Dominican Republic, Japan, Russia, France, Indonesia, Brazil, Bangladesh and Haiti lagged somewhat behind, together comprising a further 20%.

What are the largest producers of smoked herrings in the world?

The countries with the highest volumes of in 2021 were China, the United States and Canada, together comprising 46% of global production.

What are the leading suppliers of smoked herrings to Oman?

In value terms, Egypt constituted the largest supplier of smoked herring to Oman, comprising 53% of total imports. The second position in the ranking was occupied by the UK, with a 25% share of total imports.

What is the average export price for smoked herrings in Oman?

In 2013, the average smoked herring export price amounted to $3,824 per ton, standing approx. at the previous year.

What is the average import price for smoked herrings in Oman?

In 2021, the average smoked herring import price amounted to $3,539 per ton, increasing by 4.7% against the previous year.

This report provides an in-depth analysis of the smoked herring 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:

Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)

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:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023