Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman - 2022

Contents:

  1. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman (CIF) - 2022
  2. Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman (FOB) - 2022
  3. Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman
  4. Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman (CIF) - 2022

In 2022, the average import price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s amounted to $2,076 per ton, which is down by -20.4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 175%. As a result, import price reached the peak level of $9,649 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Qatar ($5,896 per ton), while the price for India ($660 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman (FOB) - 2022

The average export price for tobacco; other than "homogenised" or "reconstituted" or "smoking"s stood at $3,977 per ton in 2022, with an increase of 6.8% against the previous year. Over the period under review, the export price, however, showed a deep slump. The growth pace was the most rapid in 2021 an increase of 39% against the previous year. Over the period under review, the average export prices reached the maximum at $9,995 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($4,069 per ton), while the average price for exports to Bahrain ($3,390 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 Somalia (+67.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman

In 2022, the amount of tobacco; other than "homogenised" or "reconstituted" or "smoking"s imported into Oman skyrocketed to 173 tons, surging by 74% on 2021. Over the period under review, imports, however, showed a abrupt contraction.

In value terms, imports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s soared to $360K in 2022. In general, imports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, imports attained the peak of $603K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates416594258229-18.0%
QatarN/AN/AN/A81.20%
IndiaN/AN/AN/A49.60%
Others1.49.21.0N/A-15.5%
Total417603259360-4.8%

Top Suppliers of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" to Oman in 2022:

  1. United Arab Emirates (84.4 tons)
  2. India (75.1 tons)
  3. Qatar (13.8 tons)

Exports of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman

For the third year in a row, Oman recorded decline in overseas shipments of tobacco; other than "homogenised" or "reconstituted" or "smoking"s, which decreased by -34.4% to 74 tons in 2022. Over the period under review, exports showed a precipitous slump. The smallest decline of -33.6% was in 2020.

In value terms, exports of tobacco; other than "homogenised" or "reconstituted" or "smoking"s contracted remarkably to $293K in 2022. Overall, exports saw a sharp decrease.

Export of Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran2,8051,153387237-56.1%
Somalia20.0N/AN/A49.635.4%
BahrainN/A12.612.36.9-26.0%
YemenN/A9.1N/AN/A0%
OthersN/A13.419.2N/A43.3%
Total2,8251,188418293-53.0%

Top Export Markets for Tobacco; Other than "Homogenised" or "Reconstituted" or "Smoking" from Oman in 2022:

  1. Iran (58.2 tons)
  2. Somalia (13.5 tons)
  3. Bahrain (2.0 tons)

Source: IndexBox Market Intelligence Platform

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