Oman’s meat market shows encouraging growth as export surge by 45%

OMAN – Oman’s livestock exports experienced a substantial surge in 2023, reaching a remarkable US$ 8.3 million, marking a notable increase of 45% compared to the previous year.

Preliminary statistics released by the National Centre for Statistics and Information (NCSI) reveal that the value of livestock exports soared to RO3,206,463 (US$ 8,330,365) by the end of 2023, up from RO2,217,143 (US$ 5,760,119) in 2022.

According to NCSI data, the total weight of livestock exported during this period stood at 3,363,443 kilograms, compared to 2,594,211 kilograms in 2022. Camels led the list of exported livestock, accounting for RO1,829,913 (US$ 4,754,099), followed by mixed breed goats (RO715,543) (US$ 1,858,974), purebred goats (RO147,350) (US$ 382,814), and lamb (RO128,554) (US$ 333,982).

The United Arab Emirates emerged as the top importer of Omani livestock, followed by Yemen, Saudi Arabia, Qatar, and Iran.

Meanwhile, the value of livestock re-exports witnessed a staggering 97% growth, reaching RO92,335,550 (US$ 239,889,974) by the end of 2023, with a total weight of 51,628,948 kilograms.

In related developments, Oman’s meat market is experiencing significant growth, with revenue amounting to US$ 913.30 million in 2024.

Projections indicate an annual growth rate of 3.67% from 2024 to 2028.

Looking ahead, Oman’s meat consumption is forecasted to reach 205,000 metric tons by 2026, marking a marginal increase from 203,000 metric tons in 2021.

Despite this growth, Oman’s ranking in global meat consumption remains stable, with the United States, Brazil, and Russia leading the pack.

Conversely, Oman’s meat production is expected to rise to 100,000 metric tons by 2026, reflecting a 1.7% annual increase from 90,000 metric tons in 2021.

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