Key Market Indicators
Omani exports of milk powder are projected to rise from 980,760 kilograms in 2021 to 1.17 million kilograms by 2026, according to a year-on-year compound annual growth rate of 3%. Since 1997, Omani supplies have increased by 15.9% each year on average. In 2021, the country ranked 45th in milk powder exports, with Norway coming first at 980,760 kilograms. Germany, New Zealand and France were the next highest-ranking countries. Meanwhile, the country’s milk powder imports are expected to grow from 2.19 million kilograms in 2021 to 2.23 million kilograms by 2026, with an average year-on-year rate of 0.3%. Since 1994, Omani demand has been on a downward trend, decreasing by 4.5% annually. In 2021, it ranked 75th in milk powder imports, with Azerbaijan coming first at 2.19 million kilograms. The Philippines, Indonesia and Algeria were the next-highest ranking countries.
