Oman - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Oman - 2021
Contents:
- Ammonium Nitrate Price in Oman (FOB) - 2022
- Ammonium Nitrate Price in Oman (CIF) - 2022
- Ammonium Nitrate Exports in Oman
- Ammonium Nitrate Imports in Oman
Ammonium Nitrate Price in Oman (FOB) - 2022
In 2022, the average ammonium nitrate export price amounted to $250 per ton, growing by 6.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. Over the period under review, the average export prices reached the peak figure at $271 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($273 per ton), while the average price for exports to South Korea ($181 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.
Ammonium Nitrate Price in Oman (CIF) - 2022
In 2022, the average ammonium nitrate import price amounted to $441 per ton, with a decrease of -4.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 17% against the previous year. The import price peaked at $464 per ton in 2021, and then declined modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($643 per ton), while the price for Russia ($167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Ammonium Nitrate Exports in Oman
In 2022, shipments abroad of ammonium nitrate decreased by -33.5% to 302K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 101% against the previous year. As a result, the exports attained the peak of 455K tons, and then dropped remarkably in the following year.
In value terms, ammonium nitrate exports contracted rapidly to $76M in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 137% against the previous year. As a result, the exports reached the peak of $106M, and then fell sharply in the following year.
Export of Ammonium Nitrate in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.1 | 16.1 | 65.7 | 47.3 | 148.0% |
China | 19.3 | 12.4 | 14.4 | 10.3 | -18.9% |
South Korea | 1.6 | 7.6 | 13.9 | 10.0 | 84.2% |
Jordan | 2.2 | 3.0 | 10.9 | 7.9 | 53.1% |
Taiwan (Chinese) | N/A | 3.4 | N/A | N/A | 0% |
Others | 2.1 | 2.2 | 1.3 | N/A | -21.3% |
Total | 28.3 | 44.8 | 106 | 75.5 | 38.7% |
Top Export Markets for Ammonium Nitrate from Oman in 2022:
- India (177.2K tons)
- South Korea (55.5K tons)
- China (40.9K tons)
- Jordan (28.8K tons)
Ammonium Nitrate Imports in Oman
Ammonium nitrate imports into Oman reduced rapidly to 12K tons in 2022, declining by -18.2% against 2021. Over the period under review, imports saw a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports reached the peak of 15K tons, and then declined rapidly in the following year.
In value terms, ammonium nitrate imports reduced dramatically to $5.3M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. As a result, imports reached the peak of $6.9M, and then reduced markedly in the following year.
Import of Ammonium Nitrate in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 398 | 61.7 | 205 | 1,520 | 56.3% |
Egypt | 247 | 102 | 1,407 | 694 | 41.1% |
Netherlands | 190 | 204 | 1,012 | 553 | 42.8% |
France | 324 | 415 | 597 | 284 | -4.3% |
Belgium | 272 | 370 | 334 | 145 | -18.9% |
Russia | 59.1 | 104 | 118 | 144 | 34.6% |
Germany | 194 | 371 | 190 | 108 | -17.7% |
South Korea | 117 | 61.3 | 211 | 100 | -5.1% |
India | 1,699 | 485 | 68.4 | 96.5 | -61.6% |
China | 153 | 113 | 171 | 81.5 | -18.9% |
Saudi Arabia | 236 | 88.5 | N/A | N/A | -62.5% |
Others | 471 | 1,446 | 2,563 | 1,625 | 51.1% |
Total | 4,360 | 3,821 | 6,878 | 5,350 | 7.1% |
Top Suppliers of Ammonium Nitrate to Oman in 2022:
- Sweden (2.6K tons)
- Netherlands (1.8K tons)
- Egypt (1.2K tons)
- France (1.2K tons)
- Russia (0.9K tons)
- Belgium (0.5K tons)
- South Korea (0.3K tons)
- India (0.2K tons)
- Germany (0.2K tons)
- China (0.2K tons)
This report provides an in-depth analysis of the ammonium nitrate 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.
Product coverage:
- FCL 4003 - Ammonium nitrate (AN)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the global ammonium nitrate market.
The global market for ammonium nitrate is expected to experience steady growth over the next seven years, with market volume projected to reach 31M tons and market value expected to reach $15.8B by the end of 2030. The market is forecasted to see a CAGR of +3.0% in volume and +5.5% in value from 2023 to 2030.
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