Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman (FOB) - 2022
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman (CIF) - 2022
  3. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman
  4. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,513 per ton, rising by 60% against the previous year. In general, the export price recorded a temperate increase. The growth pace was the most rapid in 2014 when the average export price increased by 125% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Vietnam amounted to +23.6% per year.

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,693 per ton, rising by 11% against the previous year. Overall, the import price enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2019 an increase of 61% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,694 per ton), while the price for Spain ($2,693 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman

Exports of propylene, other olefin polymers; polyisobutylene in primary formses from Oman soared to 94 tons in 2022, rising by 26% against 2021 figures. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 299%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses skyrocketed to $236K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 360%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A2360%
Ethiopia2.91.94.6N/A25.9%
India5.34.010.4N/A40.1%
United Arab Emirates5.34.211.7N/A48.6%
Egypt15.15.533.3N/A48.5%
Bangladesh8.56.818.9N/A49.1%
ItalyN/AN/A13.2N/A0%
OthersN/A2.924.6N/A748.3%
Total37.125.311723685.3%

Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Oman in 2022:

  1. Qatar (93.8 tons)

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman

In 2022, supplies from abroad of propylene, other olefin polymers; polyisobutylene in primary formses decreased by -86% to 3.4 tons, falling for the second year in a row after two years of growth. Overall, imports saw a significant contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. As a result, imports attained the peak of 50 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses contracted rapidly to $9.2K in 2022. Over the period under review, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. As a result, imports reached the peak of $81K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A4.00%
NetherlandsN/AN/AN/A3.50%
United Arab Emirates3.32.01.61.7-19.8%
France7.89.17.8N/A0.0%
Taiwan (Chinese)24.564.047.6N/A39.4%
Others6.76.41.6N/A-51.1%
Total42.481.558.69.2-39.9%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Oman in 2022:

  1. Spain (1.5 tons)
  2. Netherlands (1.3 tons)
  3. United Arab Emirates (0.6 tons)

Source: IndexBox Market Intelligence Platform

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