Coconuts, Brazil nuts and cashews market in Oman

Earlier Report Observations

The market for coconuts, Brazil nuts and cashews in Oman reached its peak volume of 14 102 t in 2019, supported by strong imports of 7 889 t that year while domestic production held steady near 6 700 t. This growth was followed by a multi-year contraction, with the market size declining to 9 290 t by 2023 as imports fell sharply to 2 584 t and exports diminished to minimal levels.

By 2024, import volumes rebounded significantly to 9 635 t, indicating a shift in trade dynamics. Local coconut cultivation in the Dhofar region, aided by a favorable climate, contributes to domestic supply. Concurrently, the global coconut market faced supply constraints and higher prices in 2024 due to adverse weather in key producing nations, influencing international trade conditions.

Production coconuts, Brazil nuts and cashews in Oman

In kind, 2017-2020, t

Top producers of coconuts, Brazil nuts and cashews, 2017-2020

World map of production of coconuts, Brazil nuts and cashews, 2017-2020

In 2019, Oman produced 6 709 tonnes of coconuts, Brazil nuts, and cashews, marking the highest output during the period. This represented a 1.0% increase from the previous year. In 2020, production remained stable at 6 709 tonnes, showing no significant change compared to 2019. The lowest production level was recorded in 2018, with a 0.0% decline.

Annual dynamics of production in Oman in kind, 2017-2020, t

Exports coconuts, Brazil nuts and cashews from Oman

Exports in kind, t

Oman's exports of coconuts, Brazil nuts, and cashews have declined for two consecutive years. In 2018, exports reached their peak at 1 027 tonnes, reflecting a 13.2% increase from the previous year. However, in 2019, exports fell sharply by 51.7% to 475 tonnes, and this downward trend continued into 2020 with a further 4.1% decrease. Overall, from 2017 to 2020, exports dropped by 47.6%, averaging an annual decline of 19.4%.

Annual dynamics of product's exports from Oman in kind, 2017-2020, t

From 2017 to 2020, Oman's exports of coconuts, Brazil nuts, and cashews were primarily concentrated in two countries: the United Arab Emirates and Qatar. Other markets played a less significant role individually during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Oman in kind, 2017-2020

Exports in value, K $ US

The market for Oman's exports of coconuts, Brazil nuts, and cashews in value terms showed notable volatility from 2017 to 2020. In 2017, exports hit their lowest point, but by 2020, they peaked at 1 198 thousand US dollars, representing a 28.5% increase from 2019. The highest growth was recorded in 2018 with a 111.2% surge, while the largest decline occurred in 2019 at 8.9%. Overall, exports varied by a factor of 2.5 between the highest and lowest points.

Annual dynamics of product's exports from Oman in value, 2017-2020, K $ US

During 2017–2020, Qatar dominated Oman's exports of coconuts, Brazil nuts, and cashews in value terms, accounting for 83.0% of total flows. Other markets contributed to a smaller portion of the exports.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Oman in value, 2017-2020

Imports coconuts, Brazil nuts and cashews to Oman

Imports in kind, t

Oman's imports of coconuts, Brazil nuts, and cashews saw a two-year increase before declining in 2020. In 2019, imports reached their highest level at 7 889 tonnes, but in 2020, they fell by 7.4% to 7 303 tonnes. The largest increase occurred in 2018 with a 14.3% rise. Over the period from 2017 to 2020, imports grew by 8.6%, averaging an annual growth rate of 2.8%.

Annual dynamics of product's imports to Oman in kind, 2017-2020, t

From 2017 to 2020, India and the United Arab Emirates were the leading sources for Oman's imports of coconuts, Brazil nuts, and cashews in volume, together making up 83.9% of total imports. The remaining volume was spread across various other countries.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Oman in kind, 2017-2020

Imports in value, K $ US

In 2020, Oman's imports of coconuts, Brazil nuts, and cashews in value terms amounted to 12 492 thousand US dollars, showing a 12.6% increase from 2019. The largest rise was in 2018 with a 29.0% gain, while the biggest drop was in 2019 at 7.6%. From 2017 to 2020, imports grew by 34.2%, with an average annual growth rate of 10.3%.

Annual dynamics of product's imports to Oman in value, 2017-2020, K $ US

Between 2017 and 2020, the United Arab Emirates and India were the key markets for Oman's imports of coconuts, Brazil nuts, and cashews in value terms, jointly accounting for 88.3% of total flows. Other destinations made up the remainder.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Oman in value, 2017-2020