What is the price of margarine per kilogram/pound in Oman today?
The retail price range for Oman margarine is between US$ 0.49 and US$ 0.70 per kilogram or between US$ 0.22 and US$ 0.32 per pound(lb). Click here to see today's exact prices of margarine in Oman
The retail price range in Rial Omani for margarine is between OMR 0.19 and OMR 0.27 per kilogram or between OMR 0.09 and OMR 0.12 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman margarine is between US$ 0.34 and US$ 0.49 per kilogram or between US$ 0.16 and US$ 0.22 per pound(lb).
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Oman Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Oman over the last five years has seen a steady decline. In 2012, the price was 3.24 US dollars per kg, and by 2021, it had dropped to 1.53 US dollars per kg. The lowest price was recorded in 2020, at 0.98 US dollars per kg. The price has been relatively stable since then, with a slight increase in 2021. Based on this trend, it is likely that the export price per kilogram of Margarine from Oman in 2023 and 2024 will be around 1.00 US dollars per kg.The margarine exports from Oman are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Oman Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Oman has seen a steady decline over the past five years. In 2012, the price was 3.24 US dollars per kg, which dropped to 1.26 US dollars per kg in 2013. This downward trend continued until 2015, when the price reached its lowest point of 1.12 US dollars per kg. Since then, the price has fluctuated slightly, reaching 1.19 US dollars per kg in 2017 and 1.18 US dollars per kg in 2018. In 2019, the price dropped to 1.01 US dollars per kg, and then further to 0.98 US dollars per kg in 2020. This year, 2021, the price has increased to 1.53 US dollars per kg. Based on this trend, it is likely that the price of Margarine into Oman will continue to fluctuate in the coming years, with an estimated price of 1.45 US dollars per kg in 2023 and 1.37 US dollars per kg in 2024.Export values for Oman margarine
The total values in export for margarine in Oman were US$ 12,079, US$ 14,320, US$ 7,932 and US$ 2,624 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 margarine in other countries across Middle East: Bahrain margarine, Cyprus margarine, Iraq margarine, Israel margarine, Jordan margarine, Kuwait margarine, Lebanon margarine, Palestine margarine, Oman margarine & Qatar margarine.
Oman margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman shipped 2,812 tonnes of margarine. In 2019 alone, the demand for Oman margarine (processed category) has decreased, flactuating by -58.186 % compared to the year 2018. Between 2017 and 2019, margarine's exports went down by -76.56 pc bringing the exporter US$2.62m for the year 2019. Oman's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Oman margarine export values
In 2019, Oman sold margarine costing 2.62m USD, a reduction of -66.97% from 2018's total margarine export of 7.932m USD. The yearly reduction in value of Oman margarine between 2017 to 2018 was -44.609 per cent.
The per year change in the volume of Oman's margarine exports between 2017 and 2019 was -76.56 per cent when compared to a variation of -58.186% in the growth rate between 2018 and 2019.
Oman's share of the world's total margarine's exports in 2019 was less than 1%. The country holds number 101 in world exports of margarine.
Export markets for Oman margarine ( in '000$ )
Oman's best performing destinations for margarine are Qatar, Egypt, Lebanon, Kuwait and Jordan.
Oman purchased 2,222 tonnes of margarine in 2019.