Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Oman - 2022

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Oman (CIF) - 2022
  2. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Oman

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Oman (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $913 per ton, surging by 17% against the previous year. In general, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 an increase of 45%. Over the period under review, average import prices attained the peak figure at $1,155 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($913 per ton), while the price for the United Arab Emirates ($913 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced a decline.

Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Oman

In 2022, after three years of growth, there was significant decline in purchases abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses, when their volume decreased by -26.6% to 389 tons. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 130%.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses dropped to $355K in 2022. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 208% against the previous year.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates21.429.714.016597.6%
India15.653.060.194.782.4%
ItalyN/AN/AN/A94.60%
SpainN/AN/A324N/A0%
China25.615.417.1N/A-18.3%
France55.4265N/AN/A378.3%
OthersN/AN/AN/A0.50%
Total11836341535544.4%

Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Oman in 2022:

  1. United Arab Emirates (180.9 tons)
  2. Italy (103.6 tons)
  3. India (103.6 tons)

Source: IndexBox Market Intelligence Platform

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