Oman: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Oman

The Omani oxygen-function amino-compound market fell sharply to $X in 2023, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Oxygen-Function Amino-Compound Exports

Exports from Oman

In 2023, after four years of growth, there was significant decline in shipments abroad of oxygen-function amino-compounds, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2022 when exports increased by X%. As a result, the exports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, oxygen-function amino-compound exports reduced markedly to $X in 2023. In general, exports, however, continue to indicate a tangible increase. The growth pace was the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

Iran (X tons) was the main destination for oxygen-function amino-compound exports from Oman, accounting for a X% share of total exports. It was followed by Saudi Arabia (X tons), with a X% share of total exports. The United Arab Emirates (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

In value terms, Iran ($X) remains the key foreign market for oxygen-function amino-compounds exports from Oman, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Oman

In 2023, the amount of oxygen-function amino-compounds imported into Oman fell rapidly to X tons, shrinking by X% on the year before. Overall, total imports indicated a pronounced increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2022, and then contracted markedly in the following year.

In value terms, oxygen-function amino-compound imports contracted sharply to $X in 2023. In general, imports, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2022 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2023, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), the United Arab Emirates (X tons) and the United States (X tons) were the main suppliers of oxygen-function amino-compound imports to Oman, together comprising X% of total imports. China, India, Germany, Saudi Arabia and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), the Netherlands ($X) and Germany ($X) were the largest oxygen-function amino-compound suppliers to Oman, with a combined X% share of total imports. India, the United States, China, Belgium and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average oxygen-function amino-compound import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a slight curtailment. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform