Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,299 per ton in 2022, growing by 17% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by +73.0% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by 41%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,976 per ton), while the price for Belgium ($862 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman (FOB) - 2022
In 2021, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $1,881 per ton, with an increase of 19% against the previous year. Overall, the export price enjoyed a notable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,508 per ton), while the average price for exports to Qatar amounted to $1,348 per ton.
From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman
For the third year in a row, Oman recorded decline in overseas purchases of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, which decreased by -20.2% to 714 tons in 2022. Overall, imports showed a deep slump. The smallest decline of -2.9% was in 2020.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses reduced to $1.6M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports reached the peak of $1.8M, and then reduced in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 506 | 578 | 707 | 684 | 10.6% |
| United Arab Emirates | 594 | 583 | 812 | 544 | -2.9% |
| China | 256 | 207 | 150 | 293 | 4.6% |
| Netherlands | 30.3 | 14.9 | 52.4 | 90.1 | 43.8% |
| Belgium | 36.9 | 10.4 | 29.0 | 23.5 | -14.0% |
| Others | 13.5 | 4.7 | 7.4 | 6.6 | -21.2% |
| Total | 1,436 | 1,398 | 1,758 | 1,641 | 4.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Oman in 2022:
- United States (374.2 tons)
- United Arab Emirates (182.7 tons)
- China (98.4 tons)
- Netherlands (30.3 tons)
- Belgium (27.3 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman
In 2021, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Oman soared to 9.9 tons, increasing by 267% compared with the previous year. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $19K in 2021. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Qatar | N/A | 10.1 | 0% | ||
| United Arab Emirates | N/A | 8.6 | 0% | ||
| Jordan | 4.3 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 4.3 | 18.6 | 332.6% | ||
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Oman in 2022:
- Qatar (7.5 tons)
- United Arab Emirates (2.4 tons)
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