Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman - 2022
Contents:
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman (CIF) - 2022
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman (FOB) - 2022
- Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman
- Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman (CIF) - 2022
In 2022, the average import price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses amounted to $2,815 per ton, with an increase of 6.4% against the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19%. As a result, import price reached the peak level of $3,454 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +4.9% per year.
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman (FOB) - 2022
In 2022, the average export price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses amounted to $4,401 per ton, increasing by 15% against the previous year. Overall, the export price continues to indicate prominent growth. The pace of growth was the most pronounced in 2019 an increase of 211%. As a result, the export price reached the peak level of $4,898 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +16.7% per year.
Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman
In 2022, the amount of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses imported into Oman dropped to 4.2K tons, falling by -5.1% against the previous year. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11%.
In value terms, imports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses amounted to $12M in 2022. Over the period under review, imports recorded a deep contraction.
| Import of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.5 | 4.0 | 2.0 | 11.7 | 21.6% |
| Belgium | 0.1 | 0.5 | 0.4 | N/A | 100.0% |
| United States | 0.3 | 0.2 | 0.6 | N/A | 41.4% |
| Singapore | 6.2 | 4.4 | 6.0 | N/A | -1.6% |
| Italy | 0.9 | 0.8 | 1.8 | N/A | 41.4% |
| Others | 0.9 | 1.9 | 0.7 | N/A | -11.8% |
| Total | 14.9 | 11.8 | 11.6 | 11.7 | -7.7% |
Top Suppliers of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals to Oman in 2022:
- United Arab Emirates (4.2K tons)
Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman
After three years of growth, shipments abroad of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses decreased by -19.7% to 1.3K tons in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 4,189%.
In value terms, exports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses dropped to $5.7M in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 3,602%.
| Export of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 2.0 | 5.7 | 185.0% |
| Germany | N/A | N/A | 1.2 | N/A | 0% |
| India | N/A | 4.9 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 0.3 | 0.4 | N/A | 33.3% |
| Yemen | N/A | N/A | 0.4 | N/A | 0% |
| Pakistan | N/A | N/A | 1.5 | N/A | 0% |
| Others | 0.1 | N/A | 0.6 | N/A | 144.9% |
| Total | 0.1 | 5.3 | 6.2 | 5.7 | 284.9% |
Top Export Markets for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals from Oman in 2022:
- Qatar (1.3K tons)
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