Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman - 2022

Contents:

  1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman (FOB) - 2022
  2. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman (CIF) - 2022
  3. Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman
  4. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman (FOB) - 2022

The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $6,199 per ton in 2022, approximately reflecting the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 0.1% against the previous year. As a result, the export price reached the peak level of $6,201 per ton; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -0.0% per year.

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman (CIF) - 2022

In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $6,548 per ton, increasing by 26% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The import price peaked at $12,806 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($18,347 per ton), while the price for the United Arab Emirates ($234 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+33.8%), while the prices for the other major suppliers experienced a decline.

Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman

In 2022, after three years of growth, there was significant decline in overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol, when their volume decreased by -8.3% to 3 tons. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 3.2 tons, and then fell in the following year.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol fell to $18K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, the exports reached the peak of $20K, and then reduced in the following year.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania13.916.620.018.39.6%
OthersN/AN/AN/AN/A0%
Total13.916.620.018.39.6%

Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Oman in 2022:

  1. Tanzania (3.0 tons)

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman

Imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Oman fell to 631 kg in 2022, waning by -11.7% on the previous year's figure. Over the period under review, imports showed a sharp curtailment.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol expanded significantly to $4.1K in 2022. In general, imports continue to indicate a abrupt setback.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,6172,9492,5453,1746.6%
United States789372478501-14.0%
India460410280277-15.6%
United Arab Emirates70.060.039.037.0-19.1%
Spain1,49365210129.0-73.1%
Others11096.02771141.2%
Total5,5394,5393,7204,132-9.3%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Oman in 2022:

  1. China (173.0 kg)
  2. United Arab Emirates (158.0 kg)
  3. India (155.0 kg)
  4. United States (82.0 kg)
  5. Spain (31.0 kg)

Source: IndexBox Market Intelligence Platform

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