What is the price of peanut (groundnuts) per kilogram/pound in Oman today?
The retail price range for Oman peanut (groundnuts) is between US$ 0.97 and US$ 1.16 per kilogram or between US$ 0.44 and US$ 0.53 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Oman
The retail price range in Rial Omani for peanut (groundnuts) is between OMR 0.37 and OMR 0.45 per kilogram or between OMR 0.17 and OMR 0.20 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman peanut (groundnuts) is between US$ 0.68 and US$ 0.82 per kilogram or between US$ 0.31 and US$ 0.37 per pound(lb).
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Oman Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from Oman over the last five years has seen a significant fluctuation. In 2014, the price was 1.80 US $ per kg, which rose to 9.33 US $ per kg in 2016. This was followed by a sharp decline in 2017 to 2.39 US $ per kg. The price then remained relatively stable at 2.34 US $ per kg in 2018 and 3.62 US $ per kg in 2019. The most recent year, 2020, saw a decrease to 1.68 US $ per kg, followed by a slight increase to 2.36 US $ per kg in 2021. Based on this data, it is likely that the export price per kilogram of Peanut (Groundnuts) from Oman will remain around the 2.36 US $ per kg mark in 2023 and 2024.The Oman peanut (groundnuts) exports are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
Oman Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into Oman over the last five years has been quite volatile. In 2014, the price was 1.80 US dollars per kg, which then rose to 9.33 US dollars per kg in 2016. This was followed by a sharp decline in 2017 to 2.39 US dollars per kg. The price then remained relatively stable at 2.34 US dollars per kg in 2018 and 3.62 US dollars per kg in 2019. In 2020, the price dropped to 1.68 US dollars per kg, before rising again to 2.36 US dollars per kg in 2021. Based on the data, it is likely that the import price per kilogram of Peanut (Groundnuts) into Oman will remain relatively stable in the next two years. We can predict that the price in 2023 will be around 2.36 US dollars per kg, and the price in 2024 will be around 2.34 US dollars per kg.Export values for Oman peanut (groundnuts)
The total values in export for peanut (groundnuts) in Oman were US$ 84, US$ 98, US$ 157 and US$ 1,006 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts and Oil Seeds category in Oman: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Middle East: Bahrain peanut (groundnuts), Cyprus peanut (groundnuts), Iraq peanut (groundnuts), Israel peanut (groundnuts), Jordan peanut (groundnuts), Kuwait peanut (groundnuts), Lebanon peanut (groundnuts), Palestine peanut (groundnuts), Oman peanut (groundnuts) & Qatar peanut (groundnuts).
Oman peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman exported 124 tonnes of peanut (groundnuts). In 2019 alone, the market for Oman peanut (groundnuts) (nuts and oil seeds category) has improved, recording a change of 85.075 % compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports grew by 202.44 percent earning Oman US$1.01m for the year 2019. Oman's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Oman peanut (groundnuts) export values
In 2019, Oman exported peanut (groundnuts) valued at 1.01m USD, a surge of 543.31% from 2018's total peanut (groundnuts) export of 0.157m USD. The annual growth in value of Oman peanut (groundnuts) between 2017 to 2018 was 60.204 pc.
The annual change in the quantity of Oman's peanut (groundnuts) exports between 2017 and 2019 was 202.44% compared to a variation of 85.075% in the period between 2018 and 2019.
Export markets for Oman peanut (groundnuts) ( in '000$ )
Oman's top export markets for peanut (groundnuts) are Qatar, United Arab Emirates (UAE), Somalia, Saudi Arabia and Ethiopia.
Oman purchased 1,101 tonnes of peanut (groundnuts) in 2019.