Report Update Nov 1, 2024

Oman - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Market for Industrial Tall Oil Fatty Acids 2024

Market Size for Industrial Tall Oil Fatty Acids in Oman

The Omani tall oil fatty acids market amounted to $X in 2021, picking up by 15% against the previous year. In general, consumption, however, recorded a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Industrial Tall Oil Fatty Acids in Oman

In value terms, tall oil fatty acids production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $X, and then contracted in the following year.

Exports of Industrial Tall Oil Fatty Acids

Exports from Oman

In 2020, overseas shipments of industrial tall oil fatty acids decreased by 0% to X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 81%. The exports peaked at X tons in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

In value terms, tall oil fatty acids exports totaled $X in 2020. Overall, exports saw a strong increase. The growth pace was the most rapid in 2013 when exports increased by 91% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for tall oil fatty acids exports from Oman, accounting for a 82% share of total exports. Moreover, tall oil fatty acids exports to India exceeded the volume sent to the second major destination, Sudan (X tons), fivefold.

From 2012 to 2020, the average annual growth rate of volume to India totaled -36.5%.

In value terms, the largest markets for tall oil fatty acids exported from Oman were India ($X) and Sudan ($X).

Sudan, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average tall oil fatty acids export price stood at $X per ton in 2020, leveling off at the previous year. Over the period under review, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 an increase of 5.6% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2020, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Sudan ($X per ton), while the average price for exports to India totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India (-1.2%).

Imports of Industrial Tall Oil Fatty Acids

Imports into Oman

In 2021, tall oil fatty acids imports into Oman shrank dramatically to X tons, dropping by -67.2% against the previous year. In general, imports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2020 when imports increased by 110% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, tall oil fatty acids imports fell significantly to $X in 2021. Overall, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 164%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main tall oil fatty acids supplier to Oman, accounting for a 96% share of total imports. Moreover, tall oil fatty acids imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates stood at -31.2%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of industrial tall oil fatty acids to Oman, comprising 73% of total imports. The second position in the ranking was held by the United States ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to -23.4%.

Import Prices by Country

In 2021, the average tall oil fatty acids import price amounted to $X per ton, declining by -24.7% against the previous year. Overall, the import price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2016 an increase of 99.9%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial tall oil fatty acids in the world?

The countries with the highest volumes of tall oil fatty acids consumption in 2020 were Sweden, the United States and Germany, with a combined 25% share of global consumption. China, Mexico, Italy, Russia, India, Belgium, Poland, Turkey, the Netherlands and Finland lagged somewhat behind, together comprising a further 35%.

What are the largest producers of industrial tall oil fatty acids in the world?

The countries with the highest volumes of tall oil fatty acids production in 2020 were the United States, Finland and Sweden, together accounting for 78% of global production. These countries were followed by France, the Netherlands, Austria and New Zealand, which together accounted for a further 15%.

What are the leading suppliers of industrial tall oil fatty acids to Oman?

In value terms, the United Arab Emirates constituted the largest supplier of tall oil fatty acids to Oman, comprising 90% of total imports. The second position in the ranking was occupied by the United States, with a 10% share of total imports.

What is the average export price for industrial tall oil fatty acids in Oman?

The average tall oil fatty acids export price stood at $367 per ton in 2017, flattening at the previous year.

What is the average import price for industrial tall oil fatty acids in Oman?

In 2020, the average tall oil fatty acids import price amounted to $2,447 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the market for tall oil fatty acids in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143150 - Industrial tall oil fatty acids

Country coverage:

Oman

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Oman
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023