Price for Styrene Polymers; Waste, Parings and Scrap in Oman - 2022

Contents:

1. Price for Styrene Polymers; Waste, Parings and Scrap in Oman (CIF) - 2022
2. Price for Styrene Polymers; Waste, Parings and Scrap in Oman (FOB) - 2022
3. Imports of Styrene Polymers; Waste, Parings and Scrap in Oman
4. Exports of Styrene Polymers; Waste, Parings and Scrap in Oman

Price for Styrene Polymers; Waste, Parings and Scrap in Oman (CIF) - 2022

The average import price for styrene polymers; waste, parings and scraps stood at $3,316 per ton in 2022, picking up by 10% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for styrene polymers; waste, parings and scraps increased by +21.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 42%. As a result, import price attained the peak level of $4,271 per ton. From 2017 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 Hong Kong SAR amounted to +17.1% per year.

Price for Styrene Polymers; Waste, Parings and Scrap in Oman (FOB) - 2022

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $131 per ton, which is down by -25.5% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 2,958% against the previous year. As a result, the export price attained the peak level of $8,591 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, 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 the United Arab Emirates amounted to -7.9% per year.

Imports of Styrene Polymers; Waste, Parings and Scrap in Oman

Imports of styrene polymers; waste, parings and scraps into Oman plummeted to 2.1 tons in 2022, falling by -17.7% on 2021 figures. In general, imports showed a significant decline. The smallest decline of -17.7% was in 2021.

In value terms, imports of styrene polymers; waste, parings and scraps contracted to $6.9K in 2022. Over the period under review, imports faced a sharp curtailment. The smallest decline of -9.4% was in 2021.

Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Oman in 2022:

1. United Arab Emirates (2.1 tons)

Exports of Styrene Polymers; Waste, Parings and Scrap in Oman

In 2022, exports of styrene polymers; waste, parings and scraps from Oman was estimated at 624 kg, surging by 6.8% on 2021. The total export volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 7%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of styrene polymers; waste, parings and scraps dropped rapidly to $82 in 2022. Overall, exports, however, continue to indicate a dramatic decline. The smallest decline of -19.9% was in 2020.

Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Oman in 2022:

1. United Arab Emirates (624.0 kg)

Source: IndexBox Market Intelligence Platform