Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman - 2022
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $307 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2015 an increase of 18%. The import price peaked at $419 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($561 per ton), while the price for Saudi Arabia ($275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $556 per ton in 2022, rising by 36% against the previous year. In general, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 69% against the previous year. The export price peaked at $1,704 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($556 per ton), while the average price for exports to Kuwait ($556 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman
In 2022, overseas purchases of silicates; of sodium (excluding sodium metasilicates)s increased by 84% to 8.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $2.6M in 2022. Over the period under review, imports, however, recorded a mild contraction.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,684 | 1,028 | 758 | 2,053 | 6.8% |
| United Arab Emirates | 145 | 488 | 172 | 286 | 25.4% |
| Iran | 705 | 366 | 304 | 230 | -31.2% |
| Others | 152 | 400 | 157 | 2.0 | -76.4% |
| Total | 2,687 | 2,282 | 1,391 | 2,571 | -1.5% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Oman in 2022:
- Saudi Arabia (7.5K tons)
- United Arab Emirates (0.5K tons)
- Iran (0.4K tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman
In 2022, approx. 280 tons of silicates; of sodium (excluding sodium metasilicates)s were exported from Oman; reducing by -34.7% compared with the previous year's figure. In general, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 265%.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s fell to $156K in 2022. Over the period under review, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 517% against the previous year.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 444 | 26.6 | 63.3 | 146 | -31.0% |
| Kuwait | 9.6 | 0.3 | 3.2 | 10.0 | 1.4% |
| United Arab Emirates | 38.4 | 1.1 | 33.9 | 0.4 | -78.2% |
| Free Zones | 38.8 | N/A | N/A | N/A | 0% |
| Angola | N/A | N/A | 71.1 | N/A | 0% |
| Others | N/A | 0.3 | 3.6 | N/A | 1100.0% |
| Total | 531 | 28.4 | 175 | 156 | -33.5% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Oman in 2022:
- Qatar (261.5 tons)
- Kuwait (18.0 tons)
- United Arab Emirates (0.8 tons)
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