What is the price of oleoresins per kilogram/pound in Oman today?
The retail price range for Oman oleoresins is between US$ 19.38 and US$ 33.92 per kilogram or between US$ 8.79 and US$ 15.38 per pound(lb). Click here to see today's exact prices of oleoresins in Oman
The retail price range in Rial Omani for oleoresins is between OMR 7.46 and OMR 13.06 per kilogram or between OMR 3.39 and OMR 5.92 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman oleoresins is between US$ 13.57 and US$ 23.74 per kilogram or between US$ 6.15 and US$ 10.77 per pound(lb).
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Oman Oleoresins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oleoresins from Oman over the last five years has seen a significant fluctuation. In 2017, the price was 5.24 US $ per kg, followed by a sharp increase to 9.96 US $ per kg in 2018. The price then peaked in 2019 at 10.53 US $ per kg before dropping to 8.36 US $ per kg in 2020. The latest data shows that the price has decreased further to 4.41 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Oleoresins from Oman in 2023 will be around 6.50 US $ per kg and in 2024 will be around 5.00 US $ per kg.Oman Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into Oman over the last five years has been quite volatile. In 2016, the price was 1.64 US$ per kg, which was the lowest in the last five years. This was followed by a sharp increase in 2017 to 5.24 US$ per kg. In 2018, the price further increased to 9.96 US$ per kg, the highest in the last five years. However, in 2019, the price dropped to 10.53 US$ per kg and then further decreased to 8.36 US$ per kg in 2020. The price has been relatively stable in 2021, with the import price per kilogram of Oleoresins being 4.41 US$ per kg. Based on the current trend, it is expected that the import price per kilogram of Oleoresins into Oman in 2023 will be around 6.50 US$ per kg and in 2024 will be around 5.00 US$ per kg.Export values for Oman oleoresins
The total values in export for oleoresins in Oman were US$ 236, US$ 1,414, US$ 1,823 and US$ 379 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 oleoresins in other countries across Middle East: Bahrain oleoresins, Cyprus oleoresins, Iraq oleoresins, Israel oleoresins, Jordan oleoresins, Kuwait oleoresins, Lebanon oleoresins, Palestine oleoresins, Oman oleoresins & Qatar oleoresins.
Oman oleoresins - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman sold 83 tonnes of oleoresins. Across 2019 alone, the interest in Oman oleoresins (processed category) has gone down, flactuating by -54.645 pc compared to the year 2018. Between 2017 and 2019, oleoresins' exports went down by -69.26% netting the country US$0.38m for the year 2019. Oman's oleoresins exports are categorised as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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Oman oleoresins export values
In 2019, Oman supplied oleoresins valued at 0.38m USD, a decrease of -79.16% from 2018's total oleoresins export of 1.823m USD. The annual change in value of Oman oleoresins between 2017 to 2018 was 28.925 per cent.
The per year variation in the quantity of Oman's oleoresins exports between 2017 and 2019 was -69.26 per cent when compared to a variation of -54.645% in the growth rate between 2018 and 2019.
Export markets for Oman oleoresins ( in '000$ )
Oman purchased 1,688 tonnes of oleoresins in 2019.