Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman - 2022

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman (CIF) - 2022

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $42,681 per ton in 2022, standing approx. at the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol increased by +117.2% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 54%. As a result, import price reached the peak level of $54,551 per ton. From 2014 to 2022, the average 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 the UK ($77,192 per ton), while the price for Australia ($14,866 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.7%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman (FOB) - 2022

In 2021, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $7,269 per ton, remaining constant against the previous year. In general, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Yemen.

From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol imported into Oman fell markedly to 420 kg, reducing by -43.2% against 2021 figures. Over the period under review, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 572%. As a result, imports attained the peak of 739 kg, and then contracted rapidly in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol fell remarkably to $18K in 2022. In general, imports, however, showed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 591%. As a result, imports attained the peak of $31K, and then declined dramatically in the following year.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Oman in 2022:

1. United Arab Emirates (368.0 kg)
2. India (25.0 kg)
3. Australia (19.0 kg)
4. United Kingdom (9.0 kg)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Oman

In 2021, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol exported from Oman stood at 1 tons, approximately mirroring 2020. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol totaled $7.3K in 2021. Overall, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Oman in 2022:

1. Yemen (1.0 tons)

Source: IndexBox Market Intelligence Platform