What is the price of cocoa powder (solids) per kilogram/pound in Oman today?
The retail price range for Oman cocoa powder (solids) is between US$ 2.96 and US$ 7.90 per kilogram or between US$ 1.34 and US$ 3.58 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in Oman
The retail price range in Rial Omani for cocoa powder (solids) is between OMR 1.14 and OMR 3.04 per kilogram or between OMR 0.52 and OMR 1.38 per pound(lb) in Muscat and Salalah.
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In 2024, the approximate wholesale price range for Oman cocoa powder (solids) is between US$ 2.07 and US$ 5.53 per kilogram or between US$ 0.94 and US$ 2.51 per pound(lb).
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Oman Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Powder (Solids) from Oman over the last five years has seen a significant decrease. In 2012, the price was 4.40 US dollars per kg, while in 2021 it was 0.88 US dollars per kg. This represents a decrease of 80.2%. The prices have been relatively stable since 2018, with the highest price being 3.98 US dollars per kg in 2019 and the lowest being 0.88 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Cocoa Powder (Solids) from Oman in 2023 will be 0.76 US dollars per kg and in 2024 will be 0.64 US dollars per kg.The cocoa powder (solids) exports from Oman are categorised as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
Oman Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Powder (Solids) into Oman has seen a steady decline over the last five years. In 2016, the price was 2.89 US dollars per kg, and in 2021, it had dropped to 0.88 US dollars per kg. This represents a decrease of 69.4% over the five-year period. The lowest price was recorded in 2020, when the price was 0.98 US dollars per kg. This was followed by a slight increase in 2021, when the price rose to 0.88 US dollars per kg. Based on this trend, it is likely that the price of Cocoa Powder (Solids) into Oman will continue to remain low in the coming years. We can predict that the price in 2023 will be around 0.80 US dollars per kg, and in 2024, it will be around 0.75 US dollars per kg.Export values for Oman cocoa powder (solids)
The total values in export for cocoa powder (solids) in Oman were US$ 958, US$ 976, US$ 431 and US$ 92 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 & Black Tea.
See prices of cocoa powder (solids) in other countries across Middle East: Bahrain cocoa powder (solids), Cyprus cocoa powder (solids), Iraq cocoa powder (solids), Israel cocoa powder (solids), Jordan cocoa powder (solids), Kuwait cocoa powder (solids), Lebanon cocoa powder (solids), Palestine cocoa powder (solids), Oman cocoa powder (solids) & Qatar cocoa powder (solids).
Oman cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman sold 33 tonnes of cocoa powder (solids). For 2019 alone, the interest in Oman cocoa powder (solids) (processed category) has gone down, with a change of -82.902 per cent compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports went down by -83.66 percent earning the nation US$0.09m for the year 2019. Oman's cocoa powder (solids) exports are categorised as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
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Oman cocoa powder (solids) export values
In 2019, Oman supplied cocoa powder (solids) valued at 0.09m USD, a reduction of -79.12% from 2018's total cocoa powder (solids) export of 0.431m USD. The annual reduction in value of Oman cocoa powder (solids) between 2017 to 2018 was -55.84 pc.
The yearly change in the amount of Oman's cocoa powder (solids) exports between 2017 and 2019 was -83.66% compared to a variation of -82.902% in the period between 2018 and 2019.
Export markets for Oman cocoa powder (solids) ( in '000$ )
Oman's leading destinations for cocoa powder (solids) are Pakistan, Yemen, United Arab Emirates (UAE) and Qatar.
Oman purchased 393 tonnes of cocoa powder (solids) in 2019.