Oman - Barytes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaryte Price in Oman - 2021
Contents:
- Baryte Price in Oman (CIF) - 2022
- Baryte Price in Oman (FOB) - 2022
- Baryte Imports in Oman
- Baryte Exports in Oman
Baryte Price in Oman (CIF) - 2022
In 2022, the average baryte import price amounted to $110 per ton, with an increase of 12% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 14%. The import price peaked at $138 per ton in 2014; however, from 2015 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 Spain ($169 per ton), while the price for Pakistan ($85 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Baryte Price in Oman (FOB) - 2022
In 2022, the average baryte export price amounted to $162 per ton, flattening at the previous year. Overall, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2015 an increase of 10%. Over the period under review, the average export prices hit record highs at $243 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($806 per ton), while the average price for exports to Yemen ($34 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 Saudi Arabia (+13.1%), while the prices for the other major destinations experienced a decline.
Baryte Imports in Oman
In 2022, approx. 71K tons of barytes were imported into Oman; increasing by 6.5% on the year before. In general, imports, however, recorded a relatively flat trend pattern.
In value terms, baryte imports skyrocketed to $7.8M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of $9.1M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Baryte in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.6 | 2.8 | 4.0 | 3.9 | 34.6% |
| India | 2.6 | 1.3 | 0.6 | 1.3 | -20.6% |
| Pakistan | 1.6 | 2.0 | 0.7 | 1.2 | -9.1% |
| Morocco | 1.1 | 0.2 | 0.4 | 0.5 | -23.1% |
| Spain | 0.4 | 0.5 | 0.5 | 0.5 | 7.7% |
| Others | 0.3 | 2.3 | 0.3 | 0.3 | 0.0% |
| Total | 7.6 | 9.1 | 6.5 | 7.8 | 0.9% |
Top Suppliers of Baryte to Oman in 2022:
- United Arab Emirates (36.7K tons)
- Pakistan (14.5K tons)
- India (10.9K tons)
- Morocco (4.4K tons)
- Spain (3.1K tons)
Baryte Exports in Oman
In 2022, overseas shipments of barytes decreased by -25.5% to 362 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 104% against the previous year. As a result, the exports reached the peak of 486 tons, and then shrank significantly in the following year.
In value terms, baryte exports reduced markedly to $59K in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 106%. As a result, the exports reached the peak of $79K, and then fell rapidly in the following year.
| Export of Baryte in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 13.8 | 10.6 | 50.2 | 36.8 | 38.7% |
| United Arab Emirates | 7.6 | 5.8 | 27.4 | 20.8 | 39.9% |
| Yemen | 0.3 | 0.2 | 0.9 | 0.5 | 18.6% |
| Free Zones | N/A | 21.6 | N/A | N/A | 0% |
| Others | 5.0 | 0.1 | 0.5 | 0.4 | -56.9% |
| Total | 26.7 | 38.3 | 78.9 | 58.6 | 30.0% |
Top Export Markets for Baryte from Oman in 2022:
- Qatar (218.4 tons)
- United Arab Emirates (128.0 tons)
- Yemen (15.3 tons)
This report provides an in-depth analysis of the baryte 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:
- UNCode 16190-2 - Barytes, whether or not calcined
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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