Price for Dyes; Pigments and Preparations Based Thereon in Oman - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Oman (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Oman (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Oman
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Oman

Price for Dyes; Pigments and Preparations Based Thereon in Oman (CIF) - 2022

The average import price for dyes; pigments and preparations based therea stood at $4,404 per ton in 2022, reducing by -11.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47%. Over the period under review, average import prices attained the peak figure at $6,574 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($16,141 per ton), while the price for Austria ($314 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 Arab Emirates (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Oman (FOB) - 2022

The average export price for dyes; pigments and preparations based therea stood at $914 per ton in 2022, waning by -77.1% against the previous year. Over the period under review, the export price faced a deep slump. The pace of growth appeared the most rapid in 2020 an increase of 118%. Over the period under review, the average export prices attained the peak figure at $5,141 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($13,401 per ton), while the average price for exports to Yemen ($560 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+20.5%), while the prices for the other major destinations experienced a decline.

Imports of Dyes; Pigments and Preparations Based Thereon in Oman

Imports of dyes; pigments and preparations based therea into Oman fell slightly to 751 tons in 2022, waning by -1.7% compared with 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of 764 tons, and then fell modestly in the following year.

In value terms, imports of dyes; pigments and preparations based therea fell to $3.3M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports reached the peak of $3.8M, and then fell in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,6201,6961,8871,556-1.3%
India2941793503526.2%
China1191527.523625.6%
United Kingdom62.175.311420849.6%
Switzerland1351381851677.3%
Finland143117138110-8.4%
Saudi Arabia119103129109-2.9%
Austria7.734.742.1103137.4%
South Korea89.453.536582.8-2.5%
Others20928157038622.7%
Total2,7982,8313,7883,3095.8%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Oman in 2022:

  1. Austria (327.7 tons)
  2. United Arab Emirates (167.8 tons)
  3. China (71.3 tons)
  4. Saudi Arabia (52.3 tons)
  5. India (41.5 tons)
  6. South Korea (27.5 tons)
  7. United Kingdom (17.7 tons)
  8. Switzerland (14.6 tons)
  9. Finland (9.4 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Oman

Exports of dyes; pigments and preparations based therea from Oman surged to 48 tons in 2022, rising by 412% compared with 2021 figures. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of dyes; pigments and preparations based therea skyrocketed to $44K in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 214%. As a result, the exports reached the peak of $51K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Dyes; Pigments and Preparations Based Thereon in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Yemen8.51.30.422.237.7%
Tanzania1.90.30.29.872.8%
United Arab Emirates0.10.20.12.8203.7%
IranN/A48.436.3N/A-25.0%
Others5.50.40.79.319.1%
Total16.150.637.744.139.9%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Oman in 2022:

  1. Yemen (39.6 tons)
  2. Tanzania (6.1 tons)
  3. United Arab Emirates (1.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dyes; pigments and preparations based thereon - Oman