Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $2,226 per ton in 2022, which is down by -49.9% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 702%. As a result, import price attained the peak level of $10,535 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,227 per ton), while the price for the United Arab Emirates totaled $2,226 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,167 per ton, declining by -97.6% against the previous year. In general, the export price recorded a significant contraction. The export price peaked at $91,909 per ton in 2021, and then shrank dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2021 to 2022, the rate of growth in terms of prices for the United States amounted to -45.8% per year.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman
In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds imported into Oman skyrocketed to 15 tons, increasing by 487% on 2021 figures. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds soared to $34K in 2022. In general, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 14.3 | 26.0 | 6.8 | 30.9 | 29.3% |
| India | 1.1 | 1.3 | 1.0 | 2.7 | 34.9% |
| Ireland | 1.3 | N/A | N/A | N/A | 0% |
| Others | 4.0 | 5.9 | 3.7 | N/A | -3.8% |
| Total | 20.7 | 33.1 | 11.4 | 33.6 | 17.5% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Oman in 2022:
- United Arab Emirates (13.9 tons)
- India (1.2 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman
In 2022, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds from Oman skyrocketed to 90 kg, jumping by 718% on the previous year. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined notably to $195 in 2022. Overall, exports, however, showed a precipitous descent.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Oman (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 4.0 | 195 | 4775.0% | ||
| Qatar | 1,007 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1,011 | 195 | -80.7% | ||
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Oman in 2022:
- United States (90.0 kg)
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