Oman: Quinones Market 2022

Quinones Market Size in Oman

In 2021, the Omani quinones market increased by X% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption saw a noticeable setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Quinones Imports

Imports into Oman

In 2021, overseas purchases of quinones increased by X% to X kg, rising for the fourth year in a row after three years of decline. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, quinones imports expanded rapidly to $X in 2021. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X kg) constituted the largest supplier of quinones to Oman, accounting for a X% share of total imports. Moreover, quinones imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the UK (X kg), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Germany (-X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of quinones to Oman, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2021, the average quinones import price amounted to $X per ton, shrinking by -X% against the previous year. Overall, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform