Oman - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Liquefied Petroleum Gas (LPG) in Oman - 2021
Contents:
- Price for Liquefied Petroleum Gas (LPG) in Oman (FOB) - 2022
- Price for Liquefied Petroleum Gas (LPG) in Oman (CIF) - 2022
- Exports of Liquefied Petroleum Gas (LPG) in Oman
- Imports of Liquefied Petroleum Gas (LPG) in Oman
Price for Liquefied Petroleum Gas (LPG) in Oman (FOB) - 2022
The average liquefied petroleum gas (LPG) export price stood at $5,013 per ton in 2022, which is down by -61.1% against the previous year. In general, the export price, however, showed a strong expansion. The growth pace was the most rapid in 2021 when the average export price increased by 2,424% against the previous year. As a result, the export price reached the peak level of $12,878 per ton, and then fell sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($27,248 per ton), while the average price for exports to the United Arab Emirates ($425 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 China (+49.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Liquefied Petroleum Gas (LPG) in Oman (CIF) - 2022
In 2022, the average liquefied petroleum gas (LPG) import price amounted to $2,121 per ton, rising by 177% against the previous year. Overall, the import price enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2020 an increase of 283% against the previous year. As a result, import price reached the peak level of $7,677 per ton. From 2021 to 2022, the average 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 Qatar ($2,320 per ton), while the price for Iran ($576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+140.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Liquefied Petroleum Gas (LPG) in Oman
In 2022, the amount of liquefied petroleum gas (LPG) exported from Oman soared to 487K tons, with an increase of 37% compared with 2021. Overall, exports, however, recorded a noticeable slump.
In value terms, liquefied petroleum gas (LPG) exports shrank notably to $2.4B in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,345%. As a result, the exports attained the peak of $4.6B, and then dropped dramatically in the following year.
| Export of Liquefied Petroleum Gas (LPG) in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 0.5 | 1,008 | 633 | 918.0% |
| Pakistan | 75.5 | 94.7 | 77.7 | 102 | 10.5% |
| Sri Lanka | 119 | 136 | 29.8 | 77.2 | -13.4% |
| United Arab Emirates | 31.7 | 36.7 | 25.2 | 30.9 | -0.8% |
| India | 41.5 | 39.6 | 36.3 | 23.2 | -17.6% |
| Philippines | 2.9 | 3.8 | 11.0 | 13.1 | 65.3% |
| Qatar | N/A | 0.1 | 0.1 | 10.4 | 919.8% |
| Others | 8.8 | 4.2 | 3,378 | 1,551 | 460.7% |
| Total | 280 | 316 | 4,566 | 2,441 | 105.8% |
Top Export Markets for Liquefied Petroleum Gas (LPG) from Oman in 2022:
- Pakistan (222.4K tons)
- Sri Lanka (89.6K tons)
- United Arab Emirates (72.7K tons)
- India (31.6K tons)
- China (23.2K tons)
- Philippines (15.7K tons)
- Qatar (7.3K tons)
Imports of Liquefied Petroleum Gas (LPG) in Oman
In 2022, after three years of growth, there was significant decline in purchases abroad of liquefied petroleum gas (LPG), when their volume decreased by -37.8% to 5.6K tons. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 310% against the previous year. As a result, imports reached the peak of 9.1K tons, and then dropped dramatically in the following year.
In value terms, liquefied petroleum gas (LPG) imports skyrocketed to $12M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,369% against the previous year. As a result, imports attained the peak of $17M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Liquefied Petroleum Gas (LPG) in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | 15.5 | 3.9 | 10.1 | -19.3% |
| United Arab Emirates | 0.2 | 0.4 | 0.4 | 0.7 | 51.8% |
| South Korea | 0.5 | 0.6 | 0.5 | 0.5 | 0.0% |
| Iran | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
| China | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Iraq | N/A | N/A | 0.4 | N/A | 0% |
| Maldives | N/A | N/A | 0.8 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 0.6 | N/A | 0% |
| Others | 0.3 | 0.4 | 0.1 | 0.3 | 0.0% |
| Total | 1.2 | 17.0 | 7.0 | 12.0 | 115.4% |
Top Suppliers of Liquefied Petroleum Gas (LPG) to Oman in 2022:
- Qatar (4361.3 tons)
- United Arab Emirates (612.3 tons)
- South Korea (281.9 tons)
- Iran (281.5 tons)
- China (85.9 tons)
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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