Waxes; Artificial, Prepared Price in Oman - 2021
Contents:
- Waxes; Artificial, Prepared Price in Oman (CIF) - 2022
- Waxes; Artificial, Prepared Price in Oman (FOB) - 2022
- Waxes; Artificial, Prepared Imports in Oman
- Waxes; Artificial, Prepared Exports in Oman
Waxes; Artificial, Prepared Price in Oman (CIF) - 2022
In 2022, the average waxes; artificial, prepared import price amounted to $2,694 per ton, which is down by -7.4% against the previous year. Overall, the import price saw a slight decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 34% against the previous year. The import price peaked at $3,488 per ton in 2014; however, from 2015 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 France ($7,461 per ton), while the price for South Africa ($546 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Waxes; Artificial, Prepared Price in Oman (FOB) - 2022
The average waxes; artificial, prepared export price stood at $4,551 per ton in 2022, with a decrease of -23.6% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2021 an increase of 126%. As a result, the export price attained the peak level of $5,956 per ton, and then shrank remarkably in the following year.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,161 per ton), while the average price for exports to Qatar ($4,269 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 the United Arab Emirates (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Waxes; Artificial, Prepared Imports in Oman
After two years of decline, overseas purchases of waxes; artificial, prepared increased by 17% to 462 tons in 2022. In general, imports, however, continue to indicate a abrupt setback.
In value terms, waxes; artificial, prepared imports rose remarkably to $1.2M in 2022. Over the period under review, imports, however, recorded a mild decline.
| Import of Waxes; Artificial, Prepared in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 825 | 598 | 371 | 519 | -14.3% |
| India | 84.3 | 276 | 185 | 205 | 34.5% |
| France | 29.1 | 26.9 | 122 | 136 | 67.2% |
| Denmark | 78.7 | 77.0 | 60.0 | 68.3 | -4.6% |
| United Kingdom | 1.2 | 57.1 | 57.0 | 63.2 | 274.8% |
| Sweden | 47.7 | 43.6 | 36.2 | 40.2 | -5.5% |
| Pakistan | 27.4 | 27.0 | 21.2 | 24.4 | -3.8% |
| United States | 36.7 | 16.8 | 20.9 | 23.2 | -14.2% |
| Saudi Arabia | 17.5 | 1.5 | 16.0 | 17.8 | 0.6% |
| Others | 147 | 214 | 263 | 148 | 0.2% |
| Total | 1,294 | 1,338 | 1,153 | 1,245 | -1.3% |
Top Suppliers of Waxes; Artificial, Prepared to Oman in 2022:
- United Arab Emirates (204.9 tons)
- India (101.8 tons)
- Denmark (26.6 tons)
- United Kingdom (20.6 tons)
- France (18.2 tons)
- Sweden (16.3 tons)
- Saudi Arabia (15.5 tons)
- Pakistan (11.7 tons)
- United States (10.6 tons)
Waxes; Artificial, Prepared Exports in Oman
After two years of decline, shipments abroad of waxes; artificial, prepared increased by 24% to 9.5 tons in 2022. Over the period under review, exports, however, saw a precipitous contraction.
In value terms, waxes; artificial, prepared exports declined to $43K in 2022. In general, exports, however, continue to indicate a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
| Export of Waxes; Artificial, Prepared in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 95.7 | 37.5 | 7.6 | 33.6 | -29.5% |
| India | 2.5 | 1.6 | 4.3 | 6.8 | 39.6% |
| United Arab Emirates | 0.7 | 1.5 | 1.8 | 2.8 | 58.7% |
| Yemen | N/A | N/A | 5.0 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 26.9 | N/A | 0% |
| Others | 0.1 | N/A | 0.2 | N/A | 41.4% |
| Total | 99.1 | 40.6 | 45.7 | 43.2 | -24.2% |
Top Export Markets for Waxes; Artificial, Prepared from Oman in 2022:
- Qatar (7.9 tons)
- India (1.2 tons)
- United Arab Emirates (0.5 tons)
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