Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Oman - 2022

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Oman (FOB) - 2022
  2. Exports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Oman

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Oman (FOB) - 2022

The average export price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $25,167 per ton in 2022, shrinking by -22.2% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 54% against the previous year. The export price peaked at $32,343 per ton in 2021, and then shrank remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.6% per year.

Exports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Oman

After two years of decline, shipments abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses increased by 37% to 96 kg in 2022. Over the period under review, exports, however, showed a deep setback.

In value terms, exports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses totaled $2.4K in 2022. Overall, exports, however, saw a abrupt decline.

Export of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.92.62.32.4-6.1%
OthersN/AN/AN/AN/A0%
Total2.92.62.32.4-6.1%

Top Export Markets for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts from Oman in 2022:

  1. India (96.0 kg)

Source: IndexBox Market Intelligence Platform

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