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Oman - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonocarboxylic Acid Price in Oman - 2021
Contents:
- Monocarboxylic Acid Price in Oman (CIF) - 2022
- Monocarboxylic Acid Price in Oman (FOB) - 2022
- Monocarboxylic Acid Imports in Oman
- Monocarboxylic Acid Exports in Oman
Monocarboxylic Acid Price in Oman (CIF) - 2022
The average monocarboxylic acid import price stood at $10,639 per ton in 2022, surging by 403% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The import price peaked at $15,894 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Belgium ($605,612 per ton), while the price for Saudi Arabia ($89 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Monocarboxylic Acid Price in Oman (FOB) - 2022
In 2022, the average monocarboxylic acid export price amounted to $1,055 per ton, rising by 2% against the previous year. Overall, the export price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 13%. The export price peaked at $2,191 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Yemen.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +25.5% per year.
Monocarboxylic Acid Imports in Oman
In 2022, imports of acrylic acid and its salts and other monocarboxylic acid into Oman shrank significantly to 17 tons, falling by -90.2% against the previous year's figure. Overall, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 1,011% against the previous year. As a result, imports attained the peak of 172 tons, and then shrank remarkably in the following year.
In value terms, monocarboxylic acid imports declined markedly to $180K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of $364K, and then declined dramatically in the following year.
Import of Monocarboxylic Acid in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 150 | 212 | 298 | 170 | 4.3% |
United Arab Emirates | 1.7 | 3.2 | 4.9 | 2.4 | 12.2% |
United States | 2.2 | 2.9 | 3.8 | 2.0 | -3.1% |
India | 1.7 | 3.1 | 9.2 | 1.7 | 0.0% |
Saudi Arabia | 0.5 | 0.2 | 0.6 | 0.2 | -26.3% |
Ireland | N/A | 0.2 | 0.3 | 0.2 | 0.0% |
China | 20.2 | 0.4 | 40.9 | 0.1 | -83.0% |
Others | 5.1 | 4.9 | 6.1 | 3.3 | -13.5% |
Total | 182 | 227 | 364 | 180 | -0.4% |
Top Suppliers of Monocarboxylic Acid to Oman in 2022:
- United Arab Emirates (8.8 tons)
- India (2.7 tons)
- Saudi Arabia (2.5 tons)
- United States (1.6 tons)
- Ireland (0.5 tons)
- China (0.3 tons)
- Belgium (0.3 tons)
Monocarboxylic Acid Exports in Oman
In 2022, overseas shipments of acrylic acid and its salts and other monocarboxylic acid decreased by -5.8% to 8.2 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 23%. As a result, the exports attained the peak of 9.4 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, monocarboxylic acid exports contracted to $8.7K in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 37%. As a result, the exports reached the peak of $9.5K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Monocarboxylic Acid in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | 6.9 | 1.3 | 9.0 | 8.7 | 8.0% |
Qatar | N/A | 8.2 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 6.9 | 9.5 | 9.0 | 8.7 | 8.0% |
Top Export Markets for Monocarboxylic Acid from Oman in 2022:
- Yemen (8.2 tons)
This report provides an in-depth analysis of the monocarboxylic acid 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:
- Prodcom 20143310 - Acrylic acid and its salts and other monocarboxylic acid
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
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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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