What is the price of sugar per kilogram/pound in Oman today?
The retail price range for Oman sugar is between US$ 0.24 and US$ 0.43 per kilogram or between US$ 0.11 and US$ 0.19 per pound(lb). Click here to see today's exact prices of sugar in Oman
The retail price range in Rial Omani for sugar is between OMR 0.09 and OMR 0.17 per kilogram or between OMR 0.04 and OMR 0.07 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman sugar is between US$ 0.17 and US$ 0.30 per kilogram or between US$ 0.08 and US$ 0.14 per pound(lb).
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Oman Sugar Export Prices - Historical, Trends and Prediction
The export price per kilogram of Sugar from Oman over the last five years has seen a steady decline. In 2012, the price was 1.62 US dollars per kg, and by 2021, it had dropped to 0.42 US dollars per kg. This represents a decrease of 74.1%. In 2013, the price was 0.97 US dollars per kg, and in 2014, it was 0.82 US dollars per kg. In 2015, the price dropped to 0.51 US dollars per kg, and then in 2016, it spiked to 9.24 US dollars per kg. However, the price has since returned to a downward trend, with 0.77 US dollars per kg in 2017, 0.54 US dollars per kg in 2018 and 2019, and 0.45 US dollars per kg in 2020 and 2021. Based on this trend, it is predicted that the export price per kilogram of Sugar from Oman in 2023 will be 0.39 US dollars per kg, and in 2024, it will be 0.35 US dollars per kg.The sugar exports from Oman are classified as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
Oman Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Oman over the last five years has seen a significant decrease. In 2016, the price was at its highest at 9.24 US dollars per kg, before dropping to 0.77 US dollars per kg in 2017. This downward trend has continued, with the price dropping to 0.54 US dollars per kg in 2018 and 2019, and finally to 0.45 US dollars per kg in 2020. The price has remained steady at 0.42 US dollars per kg in 2021. Based on this trend, it is likely that the price of sugar imported into Oman will remain at 0.42 US dollars per kg in 2023 and 2024.Export values for Oman sugar
The total values in export for sugar in Oman were US$ 7,048, US$ 4,846, US$ 2,503 and US$ 377 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 sugar in other countries across Middle East: Bahrain sugar, Cyprus sugar, Iraq sugar, Israel sugar, Jordan sugar, Kuwait sugar, Lebanon sugar, Palestine sugar, Oman sugar & Qatar sugar.
Oman sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman shipped 401 tonnes of sugar. Through 2019 alone, the interest in Oman sugar (processed category) has decreased, with a change of -91.35 % compared to the year 2018. Between 2017 and 2019, sugar's exports went down by -93.65% earning the exporter US$0.38m for the year 2019. Oman's sugar exports are categorised as:
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
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Oman sugar export values
In 2019, Oman sold sugar with a value of 0.38m USD, a decrease of -84.82% from 2018's total sugar export of 2.503m USD. The yearly change in value of Oman sugar between 2017 to 2018 was -48.349 per cent.
The yearly change in the quantity of Oman's sugar exports between 2017 and 2019 was -93.65 per cent in comparison to a variation of -91.35% in the period between 2018 and 2019.
Export markets for Oman sugar ( in '000$ )
Oman's leading export markets for sugar are Singapore, Canada, Australia, Sweden and US.
Oman purchased 93,871 tonnes of sugar in 2019.