Market for Wheat and Meslin Flour in Oman
In value terms, wheat and meslin flour production reduced to $ in estimated in export price. Overall, the total production indicated buoyant growth from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2019 indices. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. Over the period under review, production attained the peak level at $ in 2017; however, from 2018 to , production remained at a lower figure.
The value of the wheat and meslin flour market in Oman contracted markedly to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. Wheat and meslin flour consumption peaked at $ in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.