Nitrites; Nitrates Price in Oman - 2021
Contents:
- Nitrites; Nitrates Price in Oman (CIF) - 2022
- Nitrites; Nitrates Price in Oman (FOB) - 2022
- Nitrites; Nitrates Imports in Oman
- Nitrites; Nitrates Exports in Oman
Nitrites; Nitrates Price in Oman (CIF) - 2022
In 2022, the average nitrites; nitrates import price amounted to $447 per ton, reducing by -3% against the previous year. Over the period under review, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $696 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($838 per ton), while the price for the United Arab Emirates ($172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-3.2%), while the prices for the other major suppliers experienced a decline.
Nitrites; Nitrates Price in Oman (FOB) - 2022
In 2022, the average nitrites; nitrates export price amounted to $828 per ton, waning by -10% against the previous year. In general, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 an increase of 83% against the previous year. As a result, the export price reached the peak level of $945 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($873 per ton), while the average price for exports to the United Arab Emirates ($658 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 Yemen (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrites; Nitrates Imports in Oman
In 2022, supplies from abroad of nitrites; nitrateses decreased by -0.3% to 1K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 328%. As a result, imports reached the peak of 1K tons; afterwards, it flattened through to 2022.
In value terms, nitrites; nitrates imports declined to $457K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 210%.
| Import of Nitrites; Nitrates in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 62.5 | 224 | 252 | 236 | 55.7% |
| France | 17.4 | 62.2 | 70.2 | 65.6 | 55.6% |
| India | 2.0 | 49.7 | 41.0 | 36.0 | 162.1% |
| Jordan | 11.4 | 34.6 | 33.1 | 26.2 | 32.0% |
| Netherlands | 9.6 | 21.1 | 12.8 | 10.9 | 4.3% |
| United Arab Emirates | 4.3 | 13.2 | 28.1 | 4.6 | 2.3% |
| Others | 35.5 | 36.8 | 35.5 | 77.9 | 29.9% |
| Total | 143 | 442 | 473 | 457 | 47.3% |
Top Suppliers of Nitrites; Nitrates to Oman in 2022:
- Iran (598.8 tons)
- France (158.2 tons)
- India (147.9 tons)
- Jordan (31.3 tons)
- Netherlands (29.5 tons)
- United Arab Emirates (26.6 tons)
Nitrites; Nitrates Exports in Oman
After three years of growth, shipments abroad of nitrites; nitrateses decreased by -20.5% to 12 tons in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 122% against the previous year.
In value terms, nitrites; nitrates exports fell markedly to $9.8K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 132%. As a result, the exports attained the peak of $14K, and then contracted notably in the following year.
| Export of Nitrites; Nitrates in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1.6 | 5.2 | 5.7 | 7.8 | 69.6% |
| Qatar | 0.2 | 0.5 | 4.2 | 1.2 | 81.7% |
| United Arab Emirates | N/A | 0.2 | 2.9 | 0.8 | 100.0% |
| Others | 2.0 | N/A | 0.8 | N/A | -36.8% |
| Total | 3.9 | 5.9 | 13.7 | 9.8 | 36.0% |
Top Export Markets for Nitrites; Nitrates from Oman in 2022:
- Saudi Arabia (8.9 tons)
- Qatar (1.6 tons)
- United Arab Emirates (1.3 tons)
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In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1403
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