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

Contents:

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

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

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,912 per ton in 2022, with an increase of 33% against the previous year. Over the period under review, the export price, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 76% against the previous year. Over the period under review, the average export prices hit record highs at $2,503 per ton in 2013; however, from 2014 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 highest price was recorded for prices to Vietnam ($1,912 per ton) and Tanzania ($1,912 per ton), while the average price for exports to Italy ($1,912 per ton) and China ($1,912 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+44.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $2,046 per ton, shrinking by -2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. The import price peaked at $2,257 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($2,046 per ton) and Saudi Arabia ($2,046 per ton), while the price for the United Arab Emirates ($2,046 per ton) and Italy ($2,046 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 5.9K tons of propylene, other olefin polymers; propylene copolymers in primary formses were exported from Oman; growing by 67% on 2021. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 722%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses soared to $11M in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 985%. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. India (1234.2 tons)
2. Pakistan (907.7 tons)
3. Turkey (782.5 tons)
4. United Arab Emirates (733.5 tons)
5. China (457.9 tons)
6. Belgium (263.2 tons)
7. Brazil (259.2 tons)
8. Italy (229.7 tons)
9. France (191.3 tons)
10. Portugal (103.8 tons)
11. Tanzania (98.2 tons)
12. Jordan (97.5 tons)
13. Vietnam (92.3 tons)

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

Imports of propylene, other olefin polymers; propylene copolymers in primary formses into Oman surged to 5.5K tons in 2022, picking up by 100% against 2021 figures. Overall, imports enjoyed a remarkable increase.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses soared to $11M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. United Arab Emirates (2134.5 tons)
2. Finland (984.6 tons)
3. Singapore (723.7 tons)
4. Italy (492.9 tons)
5. Thailand (467.6 tons)
6. Belgium (282.7 tons)
7. Saudi Arabia (227.5 tons)
8. South Korea (101.5 tons)

Source: IndexBox Market Intelligence Platform