Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman - 2022

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman (FOB) - 2022
  2. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman (CIF) - 2022
  3. Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman
  4. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $5,535 per ton in 2022, picking up by 17% against the previous year. Over the last two-year period, it increased at an average annual rate of +15.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($5,535 per ton), while the average price for exports to the United States ($5,535 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+18.0%).

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $5,913 per ton in 2022, growing by 60% against the previous year. Over the period under review, the import price, however, faced a drastic downturn. Over the period under review, average import prices reached the maximum at $18,368 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2015 to 2022, the rate of growth in terms of prices for China amounted to +27.1% per year.

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman

In 2022, overseas shipments of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses decreased by -2.9% to 1.4K tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 154% against the previous year. As a result, the exports reached the peak of 1.4K tons, and then contracted slightly in the following year.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses expanded sharply to $7.6M in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 189% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman (Million USD)
COUNTRY202020212022CAGR,
2020-2022
United States2.36.27.378.2%
JapanN/AN/A0.20%
IndiaN/AN/A0.10%
ItalyN/A0.5N/A0%
OthersN/AN/A0.10%
Total2.36.87.681.8%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Oman in 2022:

  1. United States (1310.1 tons)
  2. Japan (34.0 tons)
  3. India (25.0 tons)

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman

In 2022, after two years of growth, there was significant decline in supplies from abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses, when their volume decreased by -12.2% to 960 tons. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 326% against the previous year. As a result, imports reached the peak of 1.1K tons, and then dropped in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses soared to $5.7M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 328%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Oman (Million USD)
COUNTRY202020212022CAGR,
2020-2022
China0.94.05.6149.4%
OthersN/AN/A0.10%
Total0.94.05.7151.7%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Oman in 2022:

  1. China (950.6 tons)

Source: IndexBox Market Intelligence Platform

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