Price for Fertilizers; Mineral or Chemical, Phosphatic in Oman - 2021

Contents:

1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Oman (CIF) - 2022
2. Price for Fertilizers; Mineral or Chemical, Phosphatic in Oman (FOB) - 2022
3. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Oman
4. Exports of Fertilizers; Mineral or Chemical, Phosphatic in Oman

Price for Fertilizers; Mineral or Chemical, Phosphatic in Oman (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $427 per ton, with a decrease of -2.5% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fertilizers; mineral or chemical, phosphatic import price increased by +71.9% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure at $437 per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($770 per ton), while the price for Germany ($65 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fertilizers; Mineral or Chemical, Phosphatic in Oman (FOB) - 2022

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $683 per ton, picking up by 124% against the previous year. Over the period under review, the export price, however, saw a pronounced setback. Over the period under review, the average export prices reached the peak figure at $916 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($687 per ton), while the average price for exports to the United Arab Emirates amounted to $635 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Oman

In 2022, imports of fertilizers; mineral or chemical, phosphatics into Oman surged to 2.4K tons, increasing by 26% on 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. As a result, imports attained the peak of 3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fertilizers; mineral or chemical, phosphatic imports surged to $1M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 49%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Oman in 2022:

1. United Arab Emirates (1050.9 tons)
2. Morocco (297.2 tons)
3. Egypt (255.6 tons)
4. Germany (166.6 tons)
5. Sri Lanka (159.3 tons)
6. China (136.1 tons)
7. Italy (110.0 tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Oman

Fertilizers; mineral or chemical, phosphatic exports from Oman soared to 439 tons in 2022, with an increase of 59% against 2021. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 691% against the previous year. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fertilizers; mineral or chemical, phosphatic exports soared to $299K in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 306% against the previous year. As a result, the exports attained the peak of $515K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Oman in 2022:

1. Saudi Arabia (400.4 tons)
2. United Arab Emirates (38.2 tons)

Source: IndexBox Market Intelligence Platform