Oman: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Oman

The Omani market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof fell to $X in 2022, waning by -7.2% against the previous year. Over the period under review, consumption, however, enjoyed strong growth. Consumption of peaked at $X in 2021, and then declined in the following year.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Oman

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof declined to $X in 2022 estimated in export price. Overall, production, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 192% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Oman

In 2022, shipments abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -9.2% to X tons, falling for the third year in a row after two years of growth. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 457%. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof contracted to $X in 2022. Overall, exports faced a deep downturn. The growth pace was the most rapid in 2018 with an increase of 399%. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Oman, with a 73% share of total exports. Moreover, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to -14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+7.3% per year) and Kuwait (-33.2% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from Oman, comprising 74% of total exports. The second position in the ranking was held by Qatar ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to -14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+0.6% per year) and Kuwait (-30.8% per year).

Export Prices by Country

The average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, shrinking by -5.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 56% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Qatar ($X 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 Kuwait (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Oman

In 2022, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof into Oman soared to X tons, jumping by 26% compared with the previous year's figure. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 3,442% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 2,261%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Oman, with a combined 69% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +36.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Oman, comprising 34% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +39.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+16.1% per year) and the Netherlands (+8.5% per year).

Import Prices by Country

In 2022, the average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, shrinking by -1.6% against the previous year. In general, the import price recorded a mild curtailment. The pace of growth appeared the most rapid in 2018 an increase of 41% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($X per ton), while the price for the Netherlands ($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 States (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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