
Oman - Acetic Anhydride - Market Analysis, Forecast, Size, Trends and Insights
Oman: Acetic Anhydride Market 2022
Acetic Anhydride Market Size in Oman
In 2021, the Omani acetic anhydride market was finally on the rise to reach $X after two years of decline. In general, consumption enjoyed a modest expansion. Acetic anhydride consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.
Acetic Anhydride Production in Oman
In value terms, acetic anhydride production expanded sharply to $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -17.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 55% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.
Acetic Anhydride Exports
Exports from Oman
In 2015, exports of acetic anhydride from Oman amounted to X kg, standing approx. at 2014. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2015 and are likely to continue growth in years to come.
In value terms, acetic anhydride exports stood at $X in 2015. In general, exports showed a relatively flat trend pattern. The exports peaked in 2015 and are expected to retain growth in the near future.
Exports by Country
The Netherlands (X kg) was the main destination for acetic anhydride exports from Oman, with a approx. 100% share of total exports.
From 2015 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.
From 2015 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.
Acetic Anhydride Imports
Imports into Oman
In 2021, overseas purchases of acetic anhydride were finally on the rise to reach X kg after two years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 134% against the previous year. As a result, imports attained the peak of X kg. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, acetic anhydride imports stood at $X in 2021. In general, imports showed a modest increase. The growth pace was the most rapid in 2018 when imports increased by 91% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.
Imports by Country
The UK (X kg), India (X kg) and Germany (X kg) were the main suppliers of acetic anhydride imports to Oman, together comprising 90% of total imports. These countries were followed by Belgium, which accounted for a further 9.5%.
From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +34.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) constituted the largest supplier of acetic anhydride to Oman, comprising 72% of total imports. The second position in the ranking was taken by the UK ($X), with a 20% share of total imports. It was followed by Belgium, with a 4.4% share.
From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+20.3% per year) and Belgium (+48.9% per year).
Import Prices by Country
In 2021, the average acetic anhydride import price amounted to $X per ton, shrinking by -11.1% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2020 an increase of 26%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the acetic anhydride market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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