Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman - 2022
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $1,723 per ton, shrinking by -8.6% against the previous year. Over the period under review, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39% against the previous year. The import price peaked at $4,196 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($1,848 per ton), while the price for China ($1,338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman (FOB) - 2022
The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $1,612 per ton in 2021, picking up by 14% against the previous year. Over the last one years, it increased at an average annual rate of +13.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2020 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +13.6% per year.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman
In 2022, overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -3.2% to 39 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 310%. As a result, imports reached the peak of 43 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol reduced to $68K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 230% against the previous year.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.4 | 20.6 | 26.4 | 28.8 | 74.7% |
| China | 3.2 | 20.7 | 19.1 | 15.5 | 69.2% |
| United Arab Emirates | 0.5 | 1.5 | 17.0 | 11.8 | 186.8% |
| Others | 8.8 | 16.3 | 14.2 | 11.8 | 10.3% |
| Total | 17.9 | 59.1 | 76.8 | 67.9 | 56.0% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Oman in 2022:
- India (21.2 tons)
- China (11.6 tons)
- United Arab Emirates (6.4 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman
Exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol from Oman declined sharply to 2.1 tons in 2021, falling by -86.9% on the year before. Over the period under review, exports saw a sharp downturn.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol shrank remarkably to $3.4K in 2021. In general, exports continue to indicate a precipitous decrease.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| United Arab Emirates | 22.7 | 3.4 | -85.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 22.7 | 3.4 | -85.0% | ||
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Oman in 2022:
- United Arab Emirates (2.1 tons)
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