Tobacco Refuse Price in Oman - 2021
Contents:
- Tobacco Refuse Price in Oman (FOB) - 2022
- Tobacco Refuse Price in Oman (CIF) - 2022
- Tobacco Refuse Exports in Oman
- Tobacco Refuse Imports in Oman
Tobacco Refuse Price in Oman (FOB) - 2022
In 2022, the average tobacco refuse export price amounted to $1,469 per ton, jumping by 36% against the previous year. Over the period under review, the export price saw a noticeable expansion. The pace of growth appeared the most rapid in 2017 an increase of 76% against the previous year. Over the period under review, the average export prices attained the maximum at $2,520 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($1,609 per ton), while the average price for exports to Bahrain stood at $201 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.6%).
Tobacco Refuse Price in Oman (CIF) - 2022
In 2022, the average tobacco refuse import price amounted to $1,112 per ton, surging by 3.9% against the previous year. Over the period under review, the import price saw strong growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 426% against the previous year. Over the period under review, average import prices reached the peak figure at $1,361 per ton in 2019; however, from 2020 to 2022, 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 Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +13.5% per year.
Tobacco Refuse Exports in Oman
After three years of growth, overseas shipments of tobacco refuses decreased by -30.4% to 12 tons in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 252% against the previous year.
In value terms, tobacco refuse exports fell to $18K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 130%.
| Export of Tobacco Refuse in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 7.3 | 16.6 | 19.1 | 18.0 | 35.1% |
| Bahrain | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Yemen | N/A | 0.2 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 7.5 | 17.2 | 19.4 | 18.3 | 34.6% |
Top Export Markets for Tobacco Refuse from Oman in 2022:
- Saudi Arabia (11.2 tons)
- Bahrain (1.2 tons)
Tobacco Refuse Imports in Oman
In 2022, supplies from abroad of tobacco refuses decreased by -12.4% to 7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 49%.
In value terms, tobacco refuse imports declined to $7.7K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 28%.
| Import of Tobacco Refuse in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.4 | 6.9 | 8.4 | 7.7 | 12.6% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 5.4 | 7.0 | 8.5 | 7.7 | 12.6% |
Top Suppliers of Tobacco Refuse to Oman in 2022:
- United Arab Emirates (6.9 tons)
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