Oman: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Oman

In 2021, after three years of growth, there was significant decline in the Omani market for medicaments of alkaloids or derivatives thereof, when its value decreased by -X% to $X. In general, consumption, however, recorded a prominent increase. Consumption of peaked at $X in 2020, and then dropped markedly in the following year.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Oman

In value terms, production of medicaments of alkaloids or derivatives thereof contracted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded resilient growth. The pace of growth was the most pronounced in 2019 with an increase of X%. Production of peaked at $X in 2020, and then reduced in the following year.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Oman

In 2021, approx. X tons of medicaments of alkaloids or derivatives thereof were exported from Oman; increasing by X% compared with the previous year's figure. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof contracted slightly to $X in 2021. In general, exports enjoyed a notable expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Oman, accounting for a X% share of total exports. Moreover, exports of medicaments of alkaloids or derivatives thereof to the UK exceeded the volume sent to the second major destination, Kuwait (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +X%.

In value terms, Kuwait ($X) remains the key foreign market for medicaments of alkaloids or derivatives thereof exports from Oman, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Kuwait stood at +X%.

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kuwait ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-X%).

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Oman

In 2021, supplies from abroad of medicaments of alkaloids or derivatives thereof decreased by -X% to X tons, falling for the fifth consecutive year after five years of growth. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof contracted modestly to $X in 2021. Overall, imports recorded a sharp decline. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Oman, with a X% share of total imports. Moreover, imports of medicaments of alkaloids or derivatives thereof from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Switzerland (X kg), tenfold. Ireland (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-X% per year) and Ireland (-X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Oman, comprising X% of total imports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-X% per year) and Jordan (-X% per year).

Import Prices by Country

The average import price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the import price, however, recorded a abrupt slump. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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