What is the price of black tea per kilogram/pound in Oman today?
The retail price range for Oman black tea is between US$ 3.94 and US$ 10.86 per kilogram or between US$ 1.79 and US$ 4.93 per pound(lb). Click here to see today's exact prices of black tea in Oman
The retail price range in Rial Omani for black tea is between OMR 1.52 and OMR 4.18 per kilogram or between OMR 0.69 and OMR 1.90 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman black tea is between US$ 2.76 and US$ 7.60 per kilogram or between US$ 1.25 and US$ 3.45 per pound(lb).
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Oman Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Oman has seen a steady decline over the last five years. In 2017, the price was 4.51 US $ per kg, which dropped to 2.11 US $ per kg in 2018. The price then further decreased to 1.48 US $ per kg in 2019 and 1.91 US $ per kg in 2020. The latest data shows that the export price per kilogram of Black Tea from Oman is 1.92 US $ per kg in 2021. Based on the current trend, it is predicted that the export price per kilogram of Black Tea from Oman will be 1.86 US $ per kg in 2023 and 1.80 US $ per kg in 2024.The Oman black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
Oman Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Oman has seen a steady decline over the past five years. In 2016, the price was 5.19 US dollars per kg, but by 2021, it had dropped to 1.92 US dollars per kg. This represents a 63% decrease in the price of Black Tea over the past five years. The lowest price was recorded in 2019, when the price was 1.48 US dollars per kg. This was followed by a slight increase in 2020, when the price rose to 1.91 US dollars per kg. In 2021, the price remained steady at 1.92 US dollars per kg. Based on this trend, it is likely that the price of Black Tea in Oman will remain steady in the next two years, with an estimated price of 1.92 US dollars per kg in 2023 and 2024.Export values for Oman black tea
The total values in export for black tea in Oman were US$ 5,611, US$ 16,514, US$ 4,029 and US$ 2,588 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Oman: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Yerba mate.
See prices of black tea in other countries across Middle East: Bahrain black tea, Cyprus black tea, Iraq black tea, Israel black tea, Jordan black tea, Kuwait black tea, Lebanon black tea, Palestine black tea, Oman black tea & Qatar black tea.
Oman black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman sold 312 tonnes of black tea. In 2019 alone, the interest in Oman black tea (processed category) has shrunk, changing by -83.648 percent compared to the year 2018. Between 2017 and 2019, black tea's exports decreased by -91.48 pc bringing Oman US$2.59m for the year 2019. Oman's black tea exports are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
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Oman black tea export values
In 2019, Oman sold black tea with a value of 2.59m USD, a decrease of -35.72% from 2018's total black tea export of 4.029m USD. The annual reduction in value of Oman black tea between 2017 to 2018 was -75.603 percent.
The per year variation in the volume of Oman's black tea exports between 2017 and 2019 was -91.48 per cent compared to a variation of -83.648% in the period between 2018 and 2019.
Oman's stake of the world's total black tea's exports in 2019 was less than 1%. Oman is ranked number 56 in world exports of black tea.
Export markets for Oman black tea ( in '000$ )
Oman's best performing destinations for black tea are Somalia, Canada, Yemen, United Arab Emirates (UAE) and Saudi Arabia.
Import/Export Trends
Oman is a net exporter of black tea. The annual growth of Oman black tea in value between 2015 to 2019 was -17%, per year, while annual growth in quantity was 66%, per annum.
Oman ordered 2,341 tonnes of black tea in 2019.