Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman - 2022

Contents:

  1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman (CIF) - 2022
  2. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman (FOB) - 2022
  3. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman
  4. Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman (CIF) - 2022

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $18,972 per ton, declining by -34.7% against the previous year. Over the period under review, the import price, however, enjoyed a perceptible increase. The growth pace was the most rapid in 2021 an increase of 48% against the previous year. As a result, import price reached the peak level of $29,067 per ton, and then reduced notably in the following year.

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 the United Arab Emirates ($19,438 per ton), while the price for the Philippines ($4,720 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $18,025 per ton, approximately reflecting the previous year. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2017 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +35.8% per year.

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman

Imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Oman stood at 70 tons in 2022, approximately equating the year before. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 111%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses fell notably to $1.3M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 210%.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1947451,8611,27387.2%
India0.10.10.141.6646.5%
Philippines0.87.18.610.4135.1%
Hong Kong SAR72.2112140N/A39.3%
China22.033.217.5N/A-10.8%
Others0.30.54.03.3122.4%
Total2898982,0321,32866.3%

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Oman in 2022:

  1. United Arab Emirates (65.5 tons)
  2. Philippines (2.2 tons)
  3. India (2.1 tons)

Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman

In 2022, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Oman totaled 20 tons, remaining stable against the previous year. In general, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $362K in 2022. Over the period under review, exports showed significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Oman (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Arab EmiratesN/AN/A3620%
Qatar34.7N/AN/A0%
OthersN/AN/AN/A0%
Total34.7N/A362223.0%

Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Oman in 2022:

  1. United Arab Emirates (20.1 tons)

Source: IndexBox Market Intelligence Platform

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