Price for Cellulose Acetates; Plasticised, in Primary Forms in Oman - 2022

Contents:

  1. Price for Cellulose Acetates; Plasticised, in Primary Forms in Oman (CIF) - 2022
  2. Price for Cellulose Acetates; Plasticised, in Primary Forms in Oman (FOB) - 2022
  3. Imports of Cellulose Acetates; Plasticised, in Primary Forms in Oman
  4. Exports of Cellulose Acetates; Plasticised, in Primary Forms in Oman

Price for Cellulose Acetates; Plasticised, in Primary Forms in Oman (CIF) - 2022

In 2022, the average import price for cellulose acetates; plasticised, in primary formses amounted to $5,830 per ton, picking up by 57% against the previous year. In general, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($6,619 per ton), while the price for the United Arab Emirates amounted to $541 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.4%), while the prices for the other major suppliers experienced a decline.

Price for Cellulose Acetates; Plasticised, in Primary Forms in Oman (FOB) - 2022

In 2022, the average export price for cellulose acetates; plasticised, in primary formses amounted to $4,393 per ton, standing approx. at the previous year. Over the period under review, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 45% against the previous year. The export price peaked at $4,458 per ton in 2020; however, from 2021 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 the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.7% per year.

Imports of Cellulose Acetates; Plasticised, in Primary Forms in Oman

In 2022, the amount of cellulose acetates; plasticised, in primary formses imported into Oman shrank rapidly to 424 kg, which is down by -87.5% on the year before. Overall, imports showed a significant curtailment. The smallest decline of -65.1% was in 2021.

In value terms, imports of cellulose acetates; plasticised, in primary formses contracted sharply to $2.5K in 2022. In general, imports saw a sharp shrinkage. The smallest decline of -55.6% was in 2021.

Import of Cellulose Acetates; Plasticised, in Primary Forms in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India30.525.911.82.4-57.1%
Italy4.31.80.60.1-71.5%
United Arab Emirates2.30.30.1N/A-79.1%
Saudi Arabia26.7N/AN/AN/A0%
OthersN/A0.30.1N/A-66.7%
Total63.828.312.62.5-66.0%

Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Oman in 2022:

  1. India (360.0 kg)
  2. United Arab Emirates (61.0 kg)
  3. Italy (3.0 kg)

Exports of Cellulose Acetates; Plasticised, in Primary Forms in Oman

For the fourth consecutive year, Oman recorded growth in overseas shipments of cellulose acetates; plasticised, in primary formses, which increased by 0.5% to 191 kg in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,500%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of cellulose acetates; plasticised, in primary formses reached $839 in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,040%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Cellulose Acetates; Plasticised, in Primary Forms in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates20.0428835839247.5%
OthersN/AN/AN/AN/A0%
Total20.0428835839247.5%

Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Oman in 2022:

  1. United Arab Emirates (191.0 kg)

Source: IndexBox Market Intelligence Platform

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