Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $362 per ton, with an increase of 23% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2014 an increase of 55% against the previous year. The export price peaked at $601 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($4,784 per ton), while the average price for exports to Uruguay ($167 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 Myanmar (+30.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $243 per ton in 2022, declining by -19.2% against the previous year. Overall, the import price saw a abrupt descent. The growth pace was the most rapid in 2018 when the average import price increased by 9.2%. The import price peaked at $554 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($818 per ton), while the price for India ($108 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman
In 2022, overseas shipments of fertilizers, mineral or chemical decreased by -64% to 9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 87%. As a result, the exports attained the peak of 25K tons, and then dropped notably in the following year.
In value terms, exports of fertilizers, mineral or chemical shrank markedly to $3.3M in 2022. Overall, exports, however, saw a modest expansion. The growth pace was the most rapid in 2021 when exports increased by 60%. As a result, the exports attained the peak of $7.4M, and then fell dramatically in the following year.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,997 | 3,411 | 6,365 | 2,171 | 2.8% |
| Myanmar | N/A | N/A | 307 | 492 | 60.3% |
| India | 335 | 329 | 295 | 212 | -14.1% |
| Australia | 96.4 | 204 | 42.9 | 123 | 8.5% |
| Uruguay | 155 | 135 | 129 | 98.1 | -14.1% |
| Paraguay | 197 | 210 | N/A | N/A | 6.6% |
| Others | 394 | 323 | 252 | 177 | -23.4% |
| Total | 3,174 | 4,612 | 7,391 | 3,273 | 1.0% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Oman in 2022:
- New Zealand (6.7K tons)
- India (0.7K tons)
- Myanmar (0.6K tons)
- Uruguay (0.6K tons)
- Australia (0.4K tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman
In 2022, supplies from abroad of fertilizers, mineral or chemical decreased by -23.3% to 253 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a deep downturn. The growth pace was the most rapid in 2020 with an increase of 233%. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fertilizers, mineral or chemical declined notably to $61K in 2022. Over the period under review, imports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 184% against the previous year. As a result, imports reached the peak of $415K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 16.1 | 149 | 31.9 | 18.3 | 4.4% |
| Egypt | 11.4 | 51.0 | 14.9 | 11.8 | 1.2% |
| United Kingdom | 7.0 | 67.5 | 13.9 | 7.5 | 2.3% |
| Italy | 11.1 | 27.5 | 6.8 | 6.9 | -14.7% |
| United Arab Emirates | 33.3 | 29.9 | 8.0 | 5.8 | -44.2% |
| Germany | 8.6 | 33.4 | 8.4 | 5.8 | -12.3% |
| Belgium | 3.3 | 13.3 | 3.5 | 2.5 | -8.8% |
| India | 1.1 | 6.9 | 2.3 | 1.6 | 13.3% |
| Spain | 6.6 | 16.9 | 4.9 | 1.2 | -43.3% |
| Latvia | 11.0 | N/A | N/A | N/A | 0% |
| Estonia | 8.8 | N/A | N/A | N/A | 0% |
| Netherlands | 19.7 | 19.4 | N/A | N/A | -1.5% |
| Others | 8.3 | N/A | 4.6 | N/A | -25.6% |
| Total | 146 | 415 | 99.1 | 61.4 | -25.1% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Oman in 2022:
- United Kingdom (64.5 tons)
- Saudi Arabia (54.9 tons)
- Germany (52.7 tons)
- Italy (20.9 tons)
- Belgium (15.9 tons)
- Egypt (14.5 tons)
- India (14.4 tons)
- United Arab Emirates (11.2 tons)
- Spain (3.5 tons)
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