Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Oman - 2022

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Oman (CIF) - 2022
  2. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Oman

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Oman (CIF) - 2022

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,262 per ton in 2022, which is down by -5.4% against the previous year. Overall, the import price, however, recorded a notable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 46%. As a result, import price attained the peak level of $2,667 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +15.0% per year.

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Oman

In 2022, approx. 2.3K tons of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were imported into Oman; jumping by 376% against the previous year. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 7,655%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $5.3M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 6,852% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.1N/A1.15.368.9%
OthersN/AN/AN/AN/A0%
Total1.1N/A1.25.368.9%

Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Oman in 2022:

  1. China (2.3K tons)

Source: IndexBox Market Intelligence Platform

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