Price for Polyphenols; Resorcinol and Its Salts in Oman - 2021
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Oman (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Oman
Price for Polyphenols; Resorcinol and Its Salts in Oman (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $17,857 per ton in 2022, surging by 19% against the previous year. Over the period under review, the import price saw strong growth. The growth pace was the most rapid in 2017 an increase of 223% against the previous year. Over the period under review, average import prices attained the peak figure at $29,500 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($37,000 per ton), while the price for India ($14,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyphenols; Resorcinol and Its Salts in Oman
In 2022, the amount of polyphenols; resorcinol and its saltses imported into Oman skyrocketed to 7 kg, rising by 40% compared with the year before. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, polyphenols; resorcinol and its salts imports skyrocketed to $125 in 2022. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 133%. As a result, imports attained the peak of $177. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Polyphenols; Resorcinol and Its Salts in Oman (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 44.0 | 60.0 | 35.0 | 74.0 | 18.9% |
| Qatar | 20.0 | 38.0 | 18.0 | 37.0 | 22.8% |
| India | 12.0 | 23.0 | 22.0 | 14.0 | 5.3% |
| Turkey | N/A | 56.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 76.0 | 177 | 75.0 | 125 | 18.0% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Oman in 2022:
- United Arab Emirates (5.0 kg)
- Qatar (1.0 kg)
- India (1.0 kg)
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