Price for Fertilizers; Mineral or Chemical, Nitrogenous in Oman - 2021
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Oman (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Oman (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Oman
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Oman
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Oman (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $330 per ton, picking up by 7.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 28% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($516 per ton), while the average price for exports to Pakistan ($228 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 Turkey (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Oman (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $341 per ton, picking up by 4.2% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. The import price peaked at $434 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($449 per ton), while the price for Italy ($259 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Oman
In 2022, approx. 3.5M tons of fertilizers; mineral or chemical, nitrogenoi were exported from Oman; reducing by -27.8% compared with the year before. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of 4.9M tons, and then reduced notably in the following year.
In value terms, fertilizers; mineral or chemical, nitrogenous exports declined markedly to $1.2B in 2022. Overall, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 81%. As a result, the exports attained the peak of $1.5B, and then contracted significantly in the following year.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 74.1 | 113 | 389 | 429 | 79.6% |
| India | 434 | 443 | 409 | 293 | -12.3% |
| United States | 16.5 | 52.7 | 172 | 123 | 95.3% |
| Brazil | 6.4 | 23.8 | 134 | 112 | 159.6% |
| Thailand | 6.8 | 4.8 | 52.6 | 37.7 | 77.0% |
| South Africa | 3.3 | 4.0 | 33.4 | 24.6 | 95.3% |
| Argentina | 6.2 | 10.3 | 27.3 | 19.5 | 46.5% |
| Nepal | 29.2 | 25.3 | 11.1 | 13.9 | -21.9% |
| China | 14.1 | 11.9 | 9.1 | 6.5 | -22.8% |
| Others | 135 | 139 | 261 | 103 | -8.6% |
| Total | 726 | 828 | 1,498 | 1,163 | 17.0% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Oman in 2022:
- India (1274.2K tons)
- Turkey (831.7K tons)
- Brazil (338.8K tons)
- United States (319.5K tons)
- Thailand (131.7K tons)
- South Africa (83.5K tons)
- Argentina (73.2K tons)
- Nepal (48.7K tons)
- China (30.4K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Oman
In 2022, approx. 20K tons of fertilizers; mineral or chemical, nitrogenoi were imported into Oman; reducing by -12.5% compared with the previous year. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 39%.
In value terms, fertilizers; mineral or chemical, nitrogenous imports shrank to $6.9M in 2022. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5,401 | 2,900 | 3,568 | 2,729 | -20.4% |
| India | 2,192 | 455 | 123 | 833 | -27.6% |
| Netherlands | 321 | 204 | 1,030 | 798 | 35.5% |
| Saudi Arabia | 400 | 347 | 497 | 442 | 3.4% |
| Belgium | 527 | 124 | 257 | 264 | -20.6% |
| China | 371 | 342 | 135 | 255 | -11.7% |
| Germany | 277 | 333 | 208 | 243 | -4.3% |
| Sweden | 526 | 328 | 201 | 225 | -24.7% |
| Egypt | 306 | 79.5 | 215 | 172 | -17.5% |
| South Korea | 145 | 48.2 | 208 | 161 | 3.6% |
| France | 400 | 289 | 276 | 126 | -32.0% |
| Slovakia | 53.5 | 123 | 154 | 119 | 30.5% |
| Italy | 98.8 | 195 | 101 | 118 | 6.1% |
| Others | 703 | 500 | 634 | 453 | -13.6% |
| Total | 11,721 | 6,268 | 7,607 | 6,938 | -16.0% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Oman in 2022:
- United Arab Emirates (8.2K tons)
- India (2.3K tons)
- Netherlands (2.1K tons)
- Saudi Arabia (1.0K tons)
- Belgium (1.0K tons)
- China (1.0K tons)
- Sweden (0.7K tons)
- Germany (0.7K tons)
- Italy (0.5K tons)
- Egypt (0.5K tons)
- France (0.4K tons)
- South Korea (0.4K tons)
- Slovakia (0.4K tons)
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