Price for Phosphates; N.E.S in Item No. 2835.2 in Oman - 2022
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Oman (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Oman (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Oman
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Oman
Price for Phosphates; N.E.S in Item No. 2835.2 in Oman (CIF) - 2022
In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $3,391 per ton, picking up by 42% against the previous year. Overall, the import price posted a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 78% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady 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 India ($3,368 per ton) and Turkey ($3,367 per ton), while the price for the United Arab Emirates ($3,366 per ton) and the United States ($3,366 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in Oman (FOB) - 2022
In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $1,071 per ton, standing approx. at the previous year. Overall, the export price, however, showed a resilient increase. The pace of growth was the most pronounced in 2014 an increase of 119% against the previous year. The export price peaked at $1,708 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 the United Arab Emirates ($2,387 per ton), while the average price for exports to Yemen stood at $1,012 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+5.4%).
Imports of Phosphates; N.E.S in Item No. 2835.2 in Oman
For the third year in a row, Oman recorded decline in supplies from abroad of phosphates; n.e.s in item no. 2835.2s, which decreased by -57.3% to 11 tons in 2022. In general, imports faced a dramatic setback. The smallest decline of -17.1% was in 2020.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s shrank remarkably to $37K in 2022. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year. As a result, imports attained the peak of $92K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 14.6 | 33.8 | 16.8 | 23.1 | 16.5% |
| United States | 0.8 | 1.4 | 1.6 | 8.8 | 122.4% |
| Turkey | 1.0 | 0.3 | N/A | 3.4 | 50.4% |
| India | 7.6 | 7.1 | 2.6 | 1.2 | -46.0% |
| Germany | 7.1 | 4.5 | 0.8 | N/A | -66.4% |
| Thailand | 9.6 | 14.0 | 12.2 | N/A | 12.7% |
| China | 1.5 | 1.7 | 1.1 | N/A | -14.4% |
| Egypt | 7.7 | 10.7 | 8.9 | N/A | 7.5% |
| Saudi Arabia | 11.2 | 17.2 | 15.9 | N/A | 19.1% |
| Others | 0.9 | 0.9 | 0.6 | 0.3 | -30.7% |
| Total | 62.1 | 91.6 | 60.6 | 36.8 | -16.0% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Oman in 2022:
- United Arab Emirates (6.9 tons)
- United States (2.6 tons)
- Turkey (1.0 tons)
- India (0.4 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Oman
For the third year in a row, Oman recorded decline in overseas shipments of phosphates; n.e.s in item no. 2835.2s, which decreased by -7.1% to 3.1 tons in 2022. In general, exports saw a sharp descent.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s contracted to $3.3K in 2022. Over the period under review, exports showed a precipitous decline.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 10.2 | 7.0 | 2.6 | 3.0 | -33.5% |
| United Arab Emirates | 13.6 | 6.5 | 1.0 | 0.2 | -75.5% |
| Others | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
| Total | 24.1 | 13.9 | 3.6 | 3.3 | -48.5% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Oman in 2022:
- Yemen (3.0 tons)
- United Arab Emirates (0.1 tons)
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