Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman (CIF) - 2022
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman (FOB) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman
- Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman (CIF) - 2022
The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $972 per ton in 2022, picking up by 8.8% against the previous year. Overall, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2020 when the average import price increased by 125%. As a result, import price reached the peak level of $1,772 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -0.1% per year.
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman (FOB) - 2022
In 2022, the average export price for residues; of petroleum oils or of oils obtained from bituminous mineralses amounted to $207 per ton, increasing by 6% against the previous year. Overall, the export price, however, saw a slight setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 27%. The export price peaked at $280 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($207 per ton), while the average price for exports to Bahrain totaled $206 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-1.6%).
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman
In 2022, approx. 650 kg of residues; of petroleum oils or of oils obtained from bituminous mineralses were imported into Oman; falling by -98.9% against the previous year's figure. Overall, imports faced a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 94% against the previous year.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses shrank remarkably to $632 in 2022. Over the period under review, imports saw a sharp decrease. The smallest decline of -2% was in 2021.
| Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
| Free Zones | 8.8 | 0.9 | 4.3 | N/A | -30.1% |
| India | 1.2 | 1.1 | 1.1 | N/A | -4.3% |
| Philippines | N/A | 3.7 | N/A | N/A | 0% |
| United Arab Emirates | 42.1 | 45.5 | 44.9 | N/A | 3.3% |
| Others | 0.7 | 0.7 | 0.4 | N/A | -24.4% |
| Total | 53.0 | 51.9 | 50.8 | 0.6 | -77.5% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Oman in 2022:
- United States (650.0 kg)
Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman
In 2022, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses from Oman skyrocketed to 3.6K tons, picking up by 34% against the previous year's figure. Overall, exports, however, continue to indicate a deep setback.
In value terms, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses surged to $737K in 2022. In general, exports, however, recorded a abrupt downturn.
| Export of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 713 | 0% |
| Bahrain | 852 | 939 | 488 | 22.6 | -70.2% |
| United Arab Emirates | 15.7 | 14.4 | 30.2 | 1.3 | -56.4% |
| Others | 4.4 | 1.5 | 1.1 | N/A | -50.0% |
| Total | 872 | 955 | 519 | 737 | -5.5% |
Top Export Markets for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals from Oman in 2022:
- India (3446.0 tons)
- Bahrain (109.6 tons)
- United Arab Emirates (10.6 tons)
219
This report provides an in-depth analysis of the petroleum bitumen market in Oman.
321
This report provides an in-depth analysis of the radio receiver market in Oman.
229
This report provides an in-depth analysis of the global petroleum bitumen market.
698
This report provides an in-depth analysis of the global radio receiver market.
436
Global Portable Radio Market Report 2018. This report provides an in-depth analysis of the global portable radio market.
219
This report provides an in-depth analysis of the petroleum bitumen market in Oman.
229
This report provides an in-depth analysis of the global petroleum bitumen market.
287
Explore the top import markets for petroleum bitumen and their key statistics. Discover the leading countries and their import values, including the United States, China, and India. Get insights from the IndexBox market intelligence platform.
895
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
740
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
287
Explore the top import markets for petroleum bitumen and their key statistics. Discover the leading countries and their import values, including the United States, China, and India. Get insights from the IndexBox market intelligence platform.
