Salt Market Overview in Oman
In value terms, salt production expanded sharply to $ in 2019 estimated in export prices. In general, production showed a strong increase. The most prominent rate of growth was recorded in 2009 when the production volume increased by % against the previous year. Oman production peaked at $ in 2010; however, from 2011 to 2019, production stood at a somewhat lower figure.
The value of the salt market in Oman rose markedly to $ in 2019, with an increase of % 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). In general, consumption saw prominent growth. The pace of growth appeared the most rapid in 2009 when the market value increased by % year-to-year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in the near future.