Oman: Market for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) 2022

Market Size for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) in Oman

In 2021, the Omani propyl and isopropyl alcohol market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Exports from Oman

In 2021, shipments abroad of propan-X (propyl alcohol) and propan-X (isopropyl alcohol) decreased by X% to less than X kg, falling for the second consecutive year after two years of growth. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, propyl and isopropyl alcohol exports totaled less than $X in 2021. Overall, exports enjoyed measured growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Yemen (X tons) was the main destination for propyl and isopropyl alcohol exports from Oman, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Yemen amounted to +X%.

In value terms, Yemen ($X) also remains the key foreign market for propyl and isopropyl alcohol exports from Oman.

From 2012 to 2019, the average annual growth rate of value to Yemen amounted to +X%.

Export Prices by Country

In 2019, the average propyl and isopropyl alcohol export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a deep slump. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Yemen.

From 2012 to 2019, the rate of growth in terms of prices for Yemen amounted to +X% per year.

Imports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Imports into Oman

In 2021, supplies from abroad of propan-X (propyl alcohol) and propan-X (isopropyl alcohol) was finally on the rise to reach X tons for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, propyl and isopropyl alcohol imports amounted to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of propyl and isopropyl alcohol imports to Oman, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest propyl and isopropyl alcohol suppliers to Oman were the United Arab Emirates ($X), China ($X) and the Netherlands ($X), together accounting for X% of total imports. These countries were followed by India and France, which together accounted for a further X terms of the main suppliers, India, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average propyl and isopropyl alcohol import price stood at $X per ton in 2021, stabilizing at the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2020, and then contracted modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform