Phosphates; of Potassium Price in Oman - 2021

Contents:

  1. Phosphates; of Potassium Price in Oman (CIF) - 2022
  2. Phosphates; of Potassium Imports in Oman

Phosphates; of Potassium Price in Oman (CIF) - 2022

In 2022, the average phosphates; of potassium import price amounted to $4,374 per ton, with an increase of 2.8% against the previous year. Overall, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 99% against the previous year. Over the period under review, average import prices hit record highs at $6,322 per ton in 2016; however, from 2017 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 India ($14,693 per ton), while the price for the United Arab Emirates ($2,501 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+242.5%), while the prices for the other major suppliers experienced a decline.

Phosphates; of Potassium Imports in Oman

After two years of decline, purchases abroad of phosphates; of potassia increased by 20% to 1.3 tons in 2022. In general, imports, however, showed a dramatic setback.

In value terms, phosphates; of potassium imports skyrocketed to $5.8K in 2022. Over the period under review, imports, however, showed a significant decline.

Import of Phosphates; of Potassium in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates10.03.01.42.3-38.7%
Spain0.70.51.30.84.6%
China2.60.90.80.5-42.3%
India0.30.10.50.30.0%
NetherlandsN/A2.3N/AN/A0%
Others0.10.20.61.9166.8%
Total13.76.94.75.8-24.9%

Top Suppliers of Phosphates; of Potassium to Oman in 2022:

  1. United Arab Emirates (931.0 kg)
  2. China (175.0 kg)
  3. Spain (75.0 kg)
  4. India (22.0 kg)

Source: IndexBox Market Intelligence Platform

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