Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman - 2022
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman (CIF) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman (CIF) - 2022
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,006 per ton in 2022, rising by 67% against the previous year. Over the period under review, the import price, however, saw a slight decline. The import price peaked at $1,164 per ton in 2012; however, from 2013 to 2022, 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 United Arab Emirates ($1,076 per ton), while the price for Bahrain ($391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman (FOB) - 2022
The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,058 per ton in 2022, rising by 37% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $1,192 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($1,083 per ton), while the average price for exports to Brazil ($152 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+140.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman
Imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s into Oman skyrocketed to 8.3M tons in 2022, surging by 55% against the year before. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 2,725% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $8.3B in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 2,895% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | 219 | 277 | 2,922 | 265.3% |
| Qatar | N/A | 627 | 1,266 | 1,505 | 54.9% |
| India | N/A | 541 | 470 | 1,479 | 65.3% |
| United Arab Emirates | 2.3 | 206 | 487 | 698 | 572.0% |
| Russia | N/A | 10.5 | 22.4 | 349 | 476.5% |
| Singapore | 0.1 | 0.5 | 118 | 281 | 1311.1% |
| Kuwait | N/A | 19.5 | 137 | 179 | 203.0% |
| Bahrain | N/A | 52.3 | 86.5 | 151 | 69.9% |
| Others | 59.1 | 170 | 348 | 747 | 132.9% |
| Total | 61.6 | 1,844 | 3,211 | 8,311 | 412.9% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Oman in 2022:
- Saudi Arabia (2714.7K tons)
- Qatar (1398.5K tons)
- India (1373.8K tons)
- United Arab Emirates (648.3K tons)
- Russia (603.1K tons)
- Bahrain (386.1K tons)
- Singapore (261.1K tons)
- Kuwait (166.3K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman
In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s exported from Oman skyrocketed to 7.4M tons, with an increase of 53% compared with 2021 figures. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 54% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $7.8B in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | 42.8 | 197 | 781 | 327.2% |
| Mauritius | N/A | N/A | 1.3 | 444 | 34053.8% |
| Madagascar | N/A | 1.4 | 37.4 | 320 | 1411.9% |
| Maldives | N/A | N/A | 73.2 | 240 | 227.9% |
| Kenya | N/A | 1.3 | 50.5 | 218 | 1195.0% |
| Netherlands | N/A | 3.6 | 63.6 | 186 | 618.8% |
| Argentina | N/A | N/A | N/A | 161 | 0% |
| Belgium | N/A | N/A | 41.0 | 155 | 278.0% |
| Tanzania | N/A | 3.5 | 69.9 | 121 | 488.0% |
| Brazil | N/A | N/A | 7.9 | 30.2 | 282.3% |
| United Arab Emirates | 94.3 | 42.0 | 6.0 | 26.3 | -34.7% |
| Others | 2,444 | 1,712 | 3,188 | 5,134 | 28.1% |
| Total | 2,538 | 1,806 | 3,735 | 7,815 | 45.5% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Oman in 2022:
- South Africa (720.5K tons)
- Mauritius (409.9K tons)
- Madagascar (295.5K tons)
- Maldives (221.1K tons)
- Kenya (200.8K tons)
- Brazil (199.0K tons)
- Netherlands (171.3K tons)
- Argentina (148.8K tons)
- Belgium (142.8K tons)
- Tanzania (111.5K tons)
- United Arab Emirates (24.3K tons)
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