Oman: Walnut Market 2025

Walnut Market Size in Oman

The Omani walnut market expanded to $X in 2021, with an increase of 4.3% against the previous year. In general, consumption recorded a significant increase. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Walnut Production in Oman

In value terms, walnut production rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, showed a buoyant expansion. The growth pace was the most rapid in 2016 when the production volume increased by 69%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Walnut Exports

Exports from Oman

Walnut exports from Oman declined notably to X tons in 2021, which is down by -79.7% against 2020. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2019 when exports increased by 94% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, walnut exports shrank notably to $X in 2021. Overall, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 188%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for walnut exports from Oman, with a 87% share of total exports. Moreover, walnut exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Qatar amounted to -8.8%.

In value terms, Qatar ($X) remains the key foreign market for walnut exports from Oman, comprising 90% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar amounted to +10.9%.

Export Prices by Country

In 2021, the average walnut export price amounted to $X per ton, picking up by 41% against the previous year. Over the period under review, the export price showed a significant increase. The most prominent rate of growth was recorded in 2016 an increase of 69%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+21.6%).

Walnut Imports

Imports into Oman

For the fifth year in a row, Oman recorded growth in supplies from abroad of walnuts, which increased by 16% to X tons in 2021. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 397%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, walnut imports reduced to $X in 2021. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 433% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of walnut to Oman, with a 89% share of total imports. Moreover, walnut imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +69.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.6% per year) and the United States (+19.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of walnut to Oman, comprising 92% of total imports. The second position in the ranking was held by the United States ($X), with a 4.7% share of total imports. It was followed by Ukraine, with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +70.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+21.8% per year) and Ukraine (+49.3% per year).

Import Prices by Country

The average walnut import price stood at $X per ton in 2021, with a decrease of -20.8% against the previous year. Over the period under review, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :