Oman: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Oman

The Omani anti-oxidising preparations market totaled $X in 2022, approximately reflecting the previous year. In general, consumption, however, saw a prominent increase. Anti-oxidising preparations consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Anti-Oxidising Preparations Production in Oman

In value terms, anti-oxidising preparations production expanded slightly to $X in 2022 estimated in export price. Overall, production saw resilient growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Anti-Oxidising Preparations Exports

Exports from Oman

In 2022, overseas shipments of anti-oxidising preparations and other compounds stabilisers for rubber or plastics were finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a precipitous setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, anti-oxidising preparations exports rose sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) and India (X tons) were the main destinations of anti-oxidising preparations exports from Oman.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%).

In value terms, the United Arab Emirates ($X) remains the key foreign market for anti-oxidising preparations and other compounds stabilisers for rubber or plastics exports from Oman, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%.

Export Prices by Country

The average anti-oxidising preparations export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Oxidising Preparations Imports

Imports into Oman

In 2022, supplies from abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, anti-oxidising preparations imports dropped slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 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 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), India (X tons) and Austria (X tons) were the main suppliers of anti-oxidising preparations imports to Oman, together comprising X% of total imports. The UK, Slovenia, Saudi Arabia, Australia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), India ($X) and Slovenia ($X) constituted the largest anti-oxidising preparations suppliers to Oman, together accounting for X% of total imports.

Slovenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average anti-oxidising preparations import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Austria ($X 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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :