Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman - 2022

Contents:

  1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman (CIF) - 2022
  2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman (FOB) - 2022
  3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman
  4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman (CIF) - 2022

The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,472 per ton in 2022, growing by 29% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($2,472 per ton) and Taiwan (Chinese) ($2,472 per ton), while the price for China ($2,472 per ton) and the United Arab Emirates ($2,472 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+26.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman (FOB) - 2022

In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,121 per ton, rising by 112% against the previous year. Overall, the export price posted a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 169%. Over the period under review, the average export prices hit record highs at $2,135 per ton in 2016; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +5.1% per year.

Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman

In 2022, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Oman declined dramatically to 380 tons, with a decrease of -18.3% against 2021 figures. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 20%.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses reached $939K in 2022. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 43%.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,125451568825-9.8%
Italy0.20.21.346.6515.3%
Taiwan (Chinese)7.112.16.434.869.9%
United Arab Emirates27.336.415330.84.1%
Qatar35.131.435.90.3-79.6%
Others10395.11301.8-74.0%
Total1,297626895939-10.2%

Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Oman in 2022:

  1. China (333.7 tons)
  2. Italy (18.9 tons)
  3. Taiwan (Chinese) (14.1 tons)
  4. United Arab Emirates (12.5 tons)
  5. Qatar (0.1 tons)

Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman

In 2022, the amount of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses exported from Oman fell dramatically to 66 kg, dropping by -99.3% compared with the year before. In general, exports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 848%.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses fell sharply to $140 in 2022. Over the period under review, exports continue to indicate a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 376%.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/AN/AN/A0.10%
YemenN/AN/A5.2N/A0%
United Arab Emirates14.12.14.8N/A-41.7%
OthersN/AN/AN/AN/A0%
Total14.12.110.00.1-80.8%

Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Oman in 2022:

  1. Iran (66.0 kg)

Source: IndexBox Market Intelligence Platform

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