Price for Cheese of All Kinds, Grated or Powdered in Oman - 2022

Contents:

  1. Price for Cheese of All Kinds, Grated or Powdered in Oman (CIF) - 2022
  2. Price for Cheese of All Kinds, Grated or Powdered in Oman (FOB) - 2022
  3. Imports of Cheese of All Kinds, Grated or Powdered in Oman
  4. Exports of Cheese of All Kinds, Grated or Powdered in Oman

Price for Cheese of All Kinds, Grated or Powdered in Oman (CIF) - 2022

In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $6,393 per ton, with an increase of 24% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($6,393 per ton) and Saudi Arabia ($6,393 per ton), while the price for the UK ($6,393 per ton) and France ($6,393 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese of All Kinds, Grated or Powdered in Oman (FOB) - 2022

The average export price for cheese of all kinds, grated or powdered stood at $5,920 per ton in 2022, increasing by 64% against the previous year. Over the period under review, the export price recorded a slight expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($5,920 per ton), while the average price for exports to Free Zones totaled $5,919 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.2%).

Imports of Cheese of All Kinds, Grated or Powdered in Oman

After three years of growth, supplies from abroad of cheese of all kinds, grated or powdered decreased by -20.8% to 1.8K tons in 2022. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of 2.3K tons, and then shrank notably in the following year.

In value terms, imports of cheese of all kinds, grated or powdered contracted modestly to $12M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $12M, and then fell slightly in the following year.

Import of Cheese of All Kinds, Grated or Powdered in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia4.85.04.75.22.7%
United Arab Emirates2.22.02.34.123.1%
France0.20.70.80.644.2%
Denmark0.11.33.10.681.7%
United Kingdom0.20.20.10.535.7%
United States1.20.20.40.4-30.7%
MalaysiaN/AN/A0.10.2100.0%
Others0.40.40.50.2-20.6%
Total9.19.712.011.89.0%

Top Suppliers of Cheese of All Kinds, Grated or Powdered to Oman in 2022:

  1. Saudi Arabia (806.7 tons)
  2. United Arab Emirates (645.4 tons)
  3. France (96.7 tons)
  4. Denmark (93.9 tons)
  5. United Kingdom (79.4 tons)
  6. United States (55.8 tons)
  7. Malaysia (32.0 tons)

Exports of Cheese of All Kinds, Grated or Powdered in Oman

In 2022, after three years of growth, there was significant decline in shipments abroad of cheese of all kinds, grated or powdered, when their volume decreased by -92.7% to 4.7 tons. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 4,022%.

In value terms, exports of cheese of all kinds, grated or powdered reduced dramatically to $28K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 2,373% against the previous year.

Export of Cheese of All Kinds, Grated or Powdered in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.1N/AN/A26.648.6%
Free ZonesN/AN/AN/A1.30%
YemenN/A0.2N/AN/A0%
SomaliaN/A5.0N/AN/A0%
QatarN/A194234N/A20.6%
OthersN/AN/AN/AN/A0%
Total8.119923427.951.0%

Top Export Markets for Cheese of All Kinds, Grated or Powdered from Oman in 2022:

  1. United Arab Emirates (4.5 tons)
  2. Free Zones (0.2 tons)

Source: IndexBox Market Intelligence Platform

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