Price for Ammonia; Anhydrous or in Aqueous Solution in Oman - 2022

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Oman (FOB) - 2022
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Oman (CIF) - 2022
  3. Exports of Ammonia; Anhydrous or in Aqueous Solution in Oman
  4. Imports of Ammonia; Anhydrous or in Aqueous Solution in Oman

Price for Ammonia; Anhydrous or in Aqueous Solution in Oman (FOB) - 2022

The average export price for ammonia; anhydrous or in aqueous solutia stood at $1,066 per ton in 2022, rising by 84% against the previous year. In general, the export price posted a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Egypt ($1,174 per ton) and Turkey ($1,157 per ton), while the average price for exports to South Korea ($909 per ton) and India ($1,014 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ammonia; Anhydrous or in Aqueous Solution in Oman (CIF) - 2022

In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $603 per ton, rising by 7.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. The import price peaked at $647 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($647 per ton), while the price for the United Arab Emirates amounted to $484 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.9%).

Exports of Ammonia; Anhydrous or in Aqueous Solution in Oman

Exports of ammonia; anhydrous or in aqueous solutia from Oman surged to 247K tons in 2022, jumping by 19% against 2021 figures. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of ammonia; anhydrous or in aqueous solutia soared to $263M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ammonia; Anhydrous or in Aqueous Solution in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A43.674.710555.2%
TurkeyN/AN/AN/A67.00%
MoroccoN/AN/AN/A51.20%
EgyptN/AN/AN/A17.70%
SpainN/AN/AN/A10.90%
South Korea11.222.517.39.5-5.3%
China50.42.015.7N/A-44.2%
JordanN/A6.612.4N/A87.9%
Others7.78.6N/A2.2-34.1%
Total69.383.312026356.0%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Oman in 2022:

  1. India (103.2K tons)
  2. Turkey (57.9K tons)
  3. Morocco (47.7K tons)
  4. Egypt (15.1K tons)
  5. Spain (10.6K tons)
  6. South Korea (10.5K tons)

Imports of Ammonia; Anhydrous or in Aqueous Solution in Oman

In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into Oman fell slightly to 471 tons, waning by -4.9% compared with 2021 figures. Overall, imports saw a deep reduction. The smallest decline of -2.3% was in 2020.

In value terms, imports of ammonia; anhydrous or in aqueous solutia amounted to $284K in 2022. Over the period under review, imports showed a abrupt decrease.

Import of Ammonia; Anhydrous or in Aqueous Solution in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India61.067.111222554.5%
United Arab Emirates29426116358.0-41.8%
Others0.90.83.61.723.6%
Total355329279284-7.2%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Oman in 2022:

  1. India (347.1 tons)
  2. United Arab Emirates (119.8 tons)

Source: IndexBox Market Intelligence Platform

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