Oman: Sweet Potato Market 2024

Sweet Potato Market Size in Oman

In 2021, the Omani sweet potato market decreased by 0% to $X, falling for the second consecutive year after four years of growth. Overall, consumption continues to indicate significant growth. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Sweet Potato Production in Oman

In value terms, sweet potato production amounted to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Over the period under review, production reached the peak level in 2021 and is expected to retain growth in the immediate term.

The average yield of sweet potatoes in Oman amounted to less than X kg per ha in 2021, remaining constant against 2020. In general, 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.

In 2021, the harvested area of sweet potatoes in Oman stood at less than X ha, approximately mirroring the year before. Overall, the harvested area recorded a relatively flat trend pattern.

Sweet Potato Exports

Exports from Oman

In 2021, exports of sweet potatoes from Oman totaled X tons, leveling off at the year before. In general, exports posted a resilient increase. The growth pace was the most rapid in 2015 with an increase of 3,797%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, sweet potato exports totaled $X in 2021. Overall, exports enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2015 with an increase of 5,750%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons) was the main destination for sweet potato exports from Oman, accounting for a 79% share of total exports. Moreover, sweet potato exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fivefold. Saudi Arabia (X tons) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to Qatar stood at +57.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-5.6% per year) and Saudi Arabia (+5.4% per year).

In value terms, Qatar ($X) remains the key foreign market for sweet potatoes exports from Oman, comprising 91% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3.5% share of total exports. It was followed by Bahrain, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar amounted to +51.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-27.9% per year) and Bahrain (+31.9% per year).

Export Prices by Country

The average sweet potato export price stood at $X per ton in 2021, approximately reflecting the previous year. In general, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2015 when the average export price increased by 50%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to the United Arab Emirates ($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 Bahrain (-1.1%), while the prices for the other major destinations experienced a decline.

Sweet Potato Imports

Imports into Oman

In 2021, purchases abroad of sweet potatoes decreased by 0% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 143% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, sweet potato imports stood at $X in 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 146% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Egypt (X tons) constituted the largest sweet potato supplier to Oman, with a 86% share of total imports. Moreover, sweet potato imports from Egypt exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), more than tenfold. The third position in this ranking was held by Lebanon (X tons), with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume from Egypt stood at +43.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+18.4% per year) and Lebanon (+62.8% per year).

In value terms, Egypt ($X) constituted the largest supplier of sweet potatoes to Oman, comprising 85% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 3% share of total imports. It was followed by Syrian Arab Republic, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Egypt amounted to +54.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+13.3% per year) and Syrian Arab Republic (+50.1% per year).

Import Prices by Country

The average sweet potato import price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 44% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+46.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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