Liquefied Butanes Price in Oman - 2021

Contents:

1. Liquefied Butanes Price in Oman (FOB) - 2022
2. Liquefied Butanes Price in Oman (CIF) - 2022
3. Liquefied Butanes Exports in Oman
4. Liquefied Butanes Imports in Oman

Liquefied Butanes Price in Oman (FOB) - 2022

The average liquefied butanes export price stood at $607 per ton in 2022, remaining stable against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquefied butanes export price decreased by -24.1% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 75%. As a result, the export price reached the peak level of $800 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($631 per ton), while the average price for exports to the United Arab Emirates ($386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Liquefied Butanes Price in Oman (CIF) - 2022

The average liquefied butanes import price stood at $1,329 per ton in 2022, increasing by 5% against the previous year. Over the period under review, the import price saw a moderate expansion. The growth pace was the most rapid in 2016 when the average import price increased by 336% against the previous year. The import price peaked at $1,996 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,794 per ton), while the price for Iran ($576 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.6%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Exports in Oman

In 2022, approx. 19K tons of liquefied butaneses were exported from Oman; declining by -50% against 2021. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 201,803%. As a result, the exports attained the peak of 37K tons, and then reduced sharply in the following year.

In value terms, liquefied butanes exports fell remarkably to $11M in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 175,638%. As a result, the exports reached the peak of $23M, and then dropped sharply in the following year.

Top Export Markets for Liquefied Butanes from Oman in 2022:

1. China (17.7K tons)
2. India (0.5K tons)
3. Bangladesh (0.3K tons)

Liquefied Butanes Imports in Oman

After three years of growth, purchases abroad of liquefied butaneses decreased by -15.2% to 855 tons in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 56% against the previous year.

In value terms, liquefied butanes imports contracted to $1.1M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 44% against the previous year.

Top Suppliers of Liquefied Butanes to Oman in 2022:

1. South Korea (281.9 tons)
2. Iran (281.5 tons)
3. United Arab Emirates (192.7 tons)
4. China (85.9 tons)

Source: IndexBox Market Intelligence Platform