Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman - 2022

Contents:

1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman (CIF) - 2022
2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman (FOB) - 2022
3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman
4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman (CIF) - 2022

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $4,087 per ton in 2022, jumping by 64% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average import price increased by 82%. As a result, import price attained the peak level of $4,796 per ton. From 2018 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 France ($4,929 per ton), while the price for Turkey ($919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+42.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman (FOB) - 2022

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $3,313 per ton, shrinking by -2.4% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of 63% against the previous year. As a result, the export price reached the peak level of $5,046 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($4,986 per ton), while the average price for exports to Pakistan amounted to $4,986 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+28.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman

In 2022, the amount of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips imported into Oman contracted remarkably to 169 tons, which is down by -44.9% compared with 2021. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 1.8% against the previous year. As a result, imports attained the peak of 307 tons, and then declined notably in the following year.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips shrank to $692K in 2022. Overall, imports showed a deep setback. The smallest decline of -6.6% was in 2020.

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Oman in 2022:

1. United Arab Emirates (91.9 tons)
2. Turkey (89.4 tons)
3. Belgium (10.8 tons)
4. Qatar (9.6 tons)
5. India (8.4 tons)
6. Thailand (7.7 tons)
7. Philippines (4.0 tons)
8. France (3.8 tons)
9. Netherlands (2.3 tons)
10. Saudi Arabia (1.4 tons)

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Oman

In 2022, shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -43.2% to 62 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 660%. As a result, the exports reached the peak of 192 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips dropped rapidly to $206K in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 630%. As a result, the exports reached the peak of $670K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Oman in 2022:

1. Pakistan (81.6 tons)
2. India (37.0 tons)

Source: IndexBox Market Intelligence Platform