Price for Ethylene Polymers; Waste, Parings and Scrap in Oman - 2022

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Oman (CIF) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Oman (FOB) - 2022
3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Oman
4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Oman

Price for Ethylene Polymers; Waste, Parings and Scrap in Oman (CIF) - 2022

In 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $542 per ton, falling by -5.8% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $1,253 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($542 per ton) and the United Arab Emirates ($542 per ton), while the price for China ($542 per ton) and Spain ($542 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced a decline.

Price for Ethylene Polymers; Waste, Parings and Scrap in Oman (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $608 per ton, surging by 49% against the previous year. In general, the export price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 250% against the previous year. As a result, the export price reached the peak level of $1,609 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +16.6% per year.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Oman

Imports of ethylene polymers; waste, parings and scraps into Oman declined remarkably to 571 tons in 2022, dropping by -40.5% compared with the year before. Overall, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year.

In value terms, imports of ethylene polymers; waste, parings and scraps dropped dramatically to $310K in 2022. In general, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Oman in 2022:

1. Italy (290.1 tons)
2. China (122.7 tons)
3. United Arab Emirates (116.5 tons)
4. Spain (41.4 tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Oman

In 2022, overseas shipments of ethylene polymers; waste, parings and scraps decreased by -99.1% to 7.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2020 when exports increased by 128% against the previous year.

In value terms, exports of ethylene polymers; waste, parings and scraps contracted sharply to $4.4K in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 214% against the previous year. As a result, the exports reached the peak of $320K, and then reduced dramatically in the following year.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Oman in 2022:

1. United Arab Emirates (7.3 tons)

Source: IndexBox Market Intelligence Platform