Oman - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFertilizer Price in Oman - 2021
Contents:
- Fertilizer Price in Oman (FOB) - 2022
- Fertilizer Price in Oman (CIF) - 2022
- Fertilizer Exports in Oman
- Fertilizer Imports in Oman
Fertilizer Price in Oman (FOB) - 2022
In 2022, the average fertilizer export price amounted to $323 per ton, with a decrease of -3.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. As a result, the export price reached the peak level of $335 per ton, and then shrank slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($329 per ton), while the average price for exports to South Korea ($181 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 India (-1.1%), while the prices for the other major destinations experienced a decline.
Fertilizer Price in Oman (CIF) - 2022
The average fertilizer import price stood at $431 per ton in 2022, with a decrease of -4.5% against the previous year. Over the period under review, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12%. The import price peaked at $507 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($623 per ton), while the price for India ($229 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Fertilizer Exports in Oman
Fertilizer exports from Oman declined rapidly to 3.7M tons in 2022, falling by -18.5% against 2021. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, the exports reached the peak of 4.5M tons, and then shrank sharply in the following year.
In value terms, fertilizer exports declined dramatically to $1.2B in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 79% against the previous year. As a result, the exports reached the peak of $1.5B, and then plummeted in the following year.
Export of Fertilizer in Oman (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.1 | 0.1 | 0.2 | 1,082 | 2111.8% |
India | 591 | 623 | 655 | 47.5 | -56.8% |
China | 19.4 | 12.4 | 14.4 | 10.4 | -18.8% |
South Korea | 1.6 | 7.6 | 13.9 | 10.0 | 84.2% |
Brazil | 9.1 | 34.0 | 215 | 0.1 | -77.8% |
United States | 22.5 | 74.6 | 275 | N/A | 249.6% |
Others | 85.2 | 84.6 | 327 | 28.9 | -30.3% |
Total | 729 | 837 | 1,501 | 1,179 | 17.4% |
Top Export Markets for Fertilizer from Oman in 2022:
- United Arab Emirates (3289.6K tons)
- India (178.1K tons)
- South Korea (55.5K tons)
- China (41.0K tons)
- Brazil (0.6K tons)
Fertilizer Imports in Oman
In 2022, overseas purchases of fertilizers increased by 3.6% to 59K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt curtailment.
In value terms, fertilizer imports contracted slightly to $26M in 2022. Over the period under review, imports, however, saw a abrupt slump. The smallest decline of -0.2% was in 2021.
Import of Fertilizer in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jordan | 3.2 | 4.2 | 3.6 | 3.0 | -2.1% |
Russia | 4.2 | 3.7 | 3.2 | 2.9 | -11.6% |
United Arab Emirates | 2.5 | 0.4 | 2.1 | 2.2 | -4.2% |
Sweden | 0.4 | 0.1 | 0.2 | 1.5 | 55.4% |
Belgium | 2.6 | 3.2 | 1.8 | 1.4 | -18.6% |
Netherlands | 1.0 | 0.7 | 1.5 | 1.1 | 3.2% |
Egypt | 0.4 | 0.4 | 2.1 | 1.0 | 35.7% |
Belarus | 3.6 | 0.5 | 1.0 | 0.9 | -37.0% |
France | 0.6 | 0.7 | 0.7 | 0.5 | -5.9% |
China | 0.5 | 0.7 | 0.4 | 0.5 | 0.0% |
Germany | 1.2 | 1.3 | 0.7 | 0.5 | -25.3% |
Norway | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
India | 1.8 | 0.7 | 0.2 | 0.2 | -51.9% |
Others | 8.0 | 8.8 | 7.7 | 9.3 | 5.1% |
Total | 30.4 | 25.9 | 25.8 | 25.5 | -5.7% |
Top Suppliers of Fertilizer to Oman in 2022:
- Russia (10.6K tons)
- Jordan (8.2K tons)
- United Arab Emirates (5.2K tons)
- Belarus (4.0K tons)
- Netherlands (2.7K tons)
- Sweden (2.6K tons)
- Belgium (2.5K tons)
- Egypt (1.6K tons)
- France (1.6K tons)
- China (1.6K tons)
- Germany (1.4K tons)
- Norway (1.2K tons)
- India (1.0K tons)
This report provides an in-depth analysis of the fertilizer market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4025 - Potassium nitrate
- FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
- FCL 4005 - Sodium nitrate
- FCL 4023 - Monoammonium phosphate (MAP)
- FCL 4001 - Urea
- FCL 4002 - Ammonium sulphate
- FCL 4003 - Ammonium nitrate (AN)
- FCL 4006 - Urea and ammonium nitrate solutions (UAN)
- FCL 4016 - Potassium chloride (muriate of potash) (MOP)
- FCL 4021 - NPK fertilizers
- FCL 4014 - Other phosphatic fertilizers, n.e.c.
- FCL 4022 - Diammonium phosphate (DAP)
- FCL 4027 - PK compounds
- FCL 4024 - Other NP compounds
- FCL 4008 - Other nitrogenous fertilizers, n.e.c.
- FCL 4012 - Superphosphates above 35%
- FCL 4013 - Superphosphates, other
- FCL 4018 - Other potassic fertilizers, n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Oman
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the fertilizer market in Oman.
This report provides an in-depth analysis of the ammonium nitrate market in Oman.
This report provides an in-depth analysis of the urea market in Oman.
This report provides an in-depth analysis of the nitrogenous fertilizer market in Oman.
This report provides an in-depth analysis of the sodium nitrate market in Oman.
This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) in Oman.
This report provides an in-depth analysis of the ammonium sulphate market in Oman.
This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in Oman.
This report provides an in-depth analysis of the market for iron or steel can in Oman.
This report provides an in-depth analysis of the global fertilizer market.
Explore the top import markets for fertilizer worldwide, including Brazil, India, the United States, China, and more. Discover key statistics and import values provided by the IndexBox market intelligence platform.
Discover the top import markets for fertilizers, including Brazil, India, the United States, China, and France. Explore their import values and the factors driving the demand for fertilizers in these countries.
Fertilizer prices continue to ramp up due to a shortage in supply caused by lower output in EU countries. High natural gas costs shape that growth because gas accounts for up to 80% of variable costs in nitrogen fertilizer production. Urea prices spiked exceptionally high to $900 per ton in November 2021, gaining 30% against the previous month. Phosphate rock price rose by 4%, while diammonium phosphate and triple superphosphate were both up by 8%. Next year, fertilizer prices are projected to climb further due to a continued shortage in supply, but if costs for natural gas maintain their downward trend, they will hold the price increases back.
Explore the top import markets for urea, including India, Brazil, United States, Australia, and more. Learn about their import values and key statistics.
Urea price soared by +46% in October 2021, reaching $612.5 per ton, according to the latest World Bank's data. The spike was caused by a sharp slump in the world's production, as many producers have suspended manufacturing owing to skyrocketing natural gas prices and energy resource shortages. Russia, China and Egypt remain the key urea suppliers, while India, Brazil and the U.S. lead the world import ranking.
Brazil, Argentina, Australia and Spain increased urea supplies from abroad sharply in 2020. Despite this, global imports of this product slightly dropped last year. India, Brazil, the U.S. remain the largest markets for imported urea worldwide. In 2020, the average import price reduced by -9.8% against the previous year.
Explore the top 10 import markets for nitrogenous fertilizer and their significance in the global agricultural industry.
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