Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman - 2022

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $3,081 per ton, picking up by 2.3% against the previous year. Overall, the import price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $6,188 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($97,957 per ton), while the price for the United Arab Emirates ($2,155 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 States (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman (FOB) - 2022

In 2021, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $255 per ton, almost unchanged from the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

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

From 2019 to 2021, the rate of growth in terms of prices for Yemen amounted to +42.8% per year.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman

In 2022, overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses decreased by -39.7% to 2.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 731%. As a result, imports attained the peak of 3.7 tons, and then reduced notably in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced rapidly to $6.8K in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 327%. As a result, imports reached the peak of $11K, and then declined markedly in the following year.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Oman in 2022:

1. United Arab Emirates (1990.0 kg)
2. India (132.0 kg)
3. United Kingdom (73.0 kg)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Oman

In 2021, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses exported from Oman stood at 22 tons, approximately mirroring 2020 figures. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $5.6K in 2021. In general, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Oman in 2022:

1. Yemen (22.0 tons)

Source: IndexBox Market Intelligence Platform