Oman: Vegetable Puree Market 2024

Vegetable Puree Market Size in Oman

In 2022, the Omani vegetable puree market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, saw a pronounced increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Vegetable Puree Production in Oman

In value terms, vegetable puree production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Vegetable puree production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Vegetable Puree Exports

Exports from Oman

In 2022, approx. X tons of vegetable puree were exported from Oman; increasing by X% against 2021 figures. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, vegetable puree exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Somalia (X tons), Free Zones (X tons) and Iran (X kg) were the main destinations of vegetable puree exports from Oman, together comprising X% of total exports.

From 2013 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Somalia ($X) remains the key foreign market for vegetable puree exports from Oman, comprising X% of total exports. The second position in the ranking was held by Free Zones ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Somalia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and Iran (X% per year).

Export Prices by Country

The average vegetable puree export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Free Zones ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced a decline.

Vegetable Puree Imports

Imports into Oman

Vegetable puree imports into Oman dropped dramatically to X tons in 2022, which is down by X% on 2021. Overall, imports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vegetable puree imports skyrocketed to $X in 2022. In general, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The United Arab Emirates (X tons), Kenya (X tons) and Turkey (X tons) were the main suppliers of vegetable puree imports to Oman, with a combined X% share of total imports. Russia and Egypt lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Kenya ($X) and Turkey ($X) appeared to be the largest vegetable puree suppliers to Oman, with a combined X% share of total imports. Russia and Egypt lagged somewhat behind, together accounting for a further X%.

Russia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vegetable puree import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price showed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Egypt ($X per ton) and Russia ($X per ton), while the price for Turkey ($X per ton) and Kenya ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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