Oman: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Oman

In 2022, the Omani medicaments containing penicillin market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a abrupt shrinkage. Medicaments containing penicillin consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Medicaments Containing Penicillin Production in Oman

In value terms, medicaments containing penicillin production dropped markedly to $X in 2022 estimated in export price. In general, production recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Medicaments Containing Penicillin Exports

Exports from Oman

Medicaments containing penicillin exports from Oman shrank dramatically to X kg in 2022, waning by X% on the year before. Over the period under review, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, medicaments containing penicillin exports dropped dramatically to $X in 2022. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X kg) was the main destination for medicaments containing penicillin exports from Oman, with a X% share of total exports. Moreover, medicaments containing penicillin exports to Saudi Arabia exceeded the volume sent to the second major destination, Spain (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for medicaments containing penicillins or derivatives thereof exports from Oman, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%.

Export Prices by Country

In 2022, the average medicaments containing penicillin export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded strong growth. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Spain stood at $X per ton.

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

Medicaments Containing Penicillin Imports

Imports into Oman

In 2022, medicaments containing penicillin imports into Oman skyrocketed to X tons, with an increase of X% compared with the previous year. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, medicaments containing penicillin imports stood at $X in 2022. In general, imports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Jordan (X tons) constituted the largest medicaments containing penicillin supplier to Oman, accounting for a X% share of total imports. Moreover, medicaments containing penicillin imports from Jordan exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The UK (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Jordan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

In value terms, the United Arab Emirates ($X), Jordan ($X) and Saudi Arabia ($X) constituted the largest medicaments containing penicillin suppliers to Oman, with a combined X% share of total imports.

Jordan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments containing penicillin import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a deep slump. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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