Key Market Indicators
Wheat consumption in Oman is expected to reach around 370,000 metric tons by 2026, a 0.8% average annual increase from its 2021 level of 353,000 metric tons. Since 2017, the demand for wheat has grown by 1.4% each year. In 2021, Oman was ranked 95th in terms of wheat consumption, with Mongolia ahead of it at 353,000 metric tons. India, the United States, and Pakistan occupied the 2nd, 3rd and 4th spots, respectively. Wheat production in Oman is predicted to reach 4,520 metric tons by 2026, a 2.3% compound annual growth rate (CAGR) from 2021's figure of 3,970 metric tons. Since 1966, the supply of wheat in Oman has gone down by 0.1% annually. In 2021, Oman was 102nd in terms of wheat production, with Madagascar coming in ahead at 3,970 metric tons. India, Russia, and the United States were the 2nd, 3rd and 4th largest producers, respectively.