Report Update Nov 1, 2024

Oman - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in Oman

The Omani potassium hydroxide market amounted to $X in 2022, leveling off at the previous year. In general, consumption recorded a resilient expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Potassium Hydroxide Production in Oman

In value terms, potassium hydroxide production totaled $X in 2022 estimated in export price. Over the period under review, production showed a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 73% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Potassium Hydroxide Exports

Exports from Oman

After six years of decline, shipments abroad of potassium hydroxide (caustic potash) increased by 82% to X kg in 2022. In general, exports, however, saw a sharp shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 132% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, potassium hydroxide exports rose significantly to $X in 2022. Over the period under review, exports, however, recorded a sharp contraction. The pace of growth was the most pronounced in 2015 with an increase of 219% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for potassium hydroxide exports from Oman, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at -36.2%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for potassium hydroxide (caustic potash) exports from Oman.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled -32.3%.

Export Prices by Country

In 2022, the average potassium hydroxide export price amounted to $X per ton, waning by -38.3% against the previous year. In general, the export price, however, showed a notable increase. The most prominent rate of growth was recorded in 2021 an increase of 52%. As a result, the export price attained the peak level of $X per ton, and then reduced notably in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Somalia amounted to +74.4% per year.

Potassium Hydroxide Imports

Imports into Oman

In 2022, the amount of potassium hydroxide (caustic potash) imported into Oman soared to X tons, surging by 35% compared with the year before. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 670%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, potassium hydroxide imports rose notably to $X in 2022. In general, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of 745%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of potassium hydroxide to Oman, with a 80% share of total imports. Moreover, potassium hydroxide imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, South Korea (X tons), ninefold. Saudi Arabia (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+120.9% per year) and Saudi Arabia (+9.8% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of potassium hydroxide (caustic potash) to Oman, comprising 73% of total imports. The second position in the ranking was held by South Korea ($X), with a 6.7% share of total imports. It was followed by Saudi Arabia, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +32.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+101.3% per year) and Saudi Arabia (+19.4% per year).

Import Prices by Country

The average potassium hydroxide import price stood at $X per ton in 2022, dropping by -20.9% against the previous year. Overall, the import price, however, showed a mild expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 41% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Saudi Arabia ($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 (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium hydroxide (caustic potash) in the world?

China constituted the country with the largest volume of potassium hydroxide consumption, comprising approx. 20% of total volume. Moreover, potassium hydroxide consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Germany ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of potassium hydroxide (caustic potash) in the world?

China remains the largest potassium hydroxide producing country worldwide, comprising approx. 21% of total volume. Moreover, potassium hydroxide production in China exceeded the figures recorded by the second-largest producer, Belgium, twofold. The third position in this ranking was occupied by India, with an 8% share.

What are the leading suppliers of potassium hydroxide (caustic potash) to Oman?

In value terms, Sweden constituted the largest supplier of potassium hydroxide to Oman, comprising 76% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 13% share of total imports.

What are the leading importers of potassium hydroxide (caustic potash) from Oman?

In value terms, the United Arab Emirates remains the key foreign market for potassium hydroxide exports from Oman.

What is the average export price for potassium hydroxide (caustic potash) in Oman?

The average potassium hydroxide export price stood at $211 per ton in 2021, waning by -5.4% against the previous year.

What is the average import price for potassium hydroxide (caustic potash) in Oman?

The average potassium hydroxide import price stood at $2,769 per ton in 2021, surging by 7.2% against the previous year.

This report provides an in-depth analysis of the potassium hydroxide market 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 20132530 - Potassium hydroxide (caustic potash)

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

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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