Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Oman - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Oman (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Oman
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Oman (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,045 per ton in 2022, with a decrease of -10.6% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. The import price peaked at $3,540 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,970 per ton), while the price for Belgium ($1,903 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Oman
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses increased by 132% to 124 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $255K in 2022. Overall, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 25.2 | 48.7 | 20.3 | 94.9 | 55.6% |
| United Arab Emirates | 81.2 | 27.2 | 28.5 | 63.3 | -8.0% |
| United States | 42.6 | 38.6 | 31.1 | 42.9 | 0.2% |
| Belgium | 24.7 | 23.5 | 35.9 | 37.4 | 14.8% |
| China | 3.0 | 5.2 | 3.2 | 7.8 | 37.5% |
| Qatar | N/A | N/A | N/A | 3.9 | 0% |
| Others | 1.9 | 5.4 | 3.6 | 4.4 | 32.3% |
| Total | 179 | 149 | 123 | 255 | 12.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Oman in 2022:
- Netherlands (49.8 tons)
- United Arab Emirates (33.3 tons)
- Belgium (19.6 tons)
- United States (14.4 tons)
- China (4.1 tons)
- Qatar (2.1 tons)
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