Price for Offal, Edible; of Swine, Fresh or Chilled in Oman - 2022

Price for Offal, Edible; of Swine, Fresh or Chilled in Oman (CIF) - 2022

The average import price for offal, edible; of swine, fresh or chilled stood at $4,892 per ton in 2022, dropping by -30.1% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of swine, fresh or chilled increased by +28.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 83% against the previous year. As a result, import price reached the peak level of $7,000 per ton, and then contracted dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.6% per year.

Imports of Offal, Edible; of Swine, Fresh or Chilled in Oman

In 2022, imports of offal, edible; of swine, fresh or chilled into Oman soared to 65 kg, increasing by 364% against the previous year's figure. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 404% against the previous year. As a result, imports attained the peak of 141 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of offal, edible; of swine, fresh or chilled surged to $318 in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 276%. As a result, imports reached the peak of $538. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.