# Oman Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils price positioning (HS 271000)

Canonical: https://www.yugalinks.com/trade/price-exporter/omn/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Oman has a median reported export price of $1.1K/t across 120 markets. Across the reported period, the highest observed price is $566.4K/t in Gibraltar; the lowest is $3.2/t in Mozambique.

## Summary

- Price spread: 52,277.4%
- Total trade value: $25.0B
- Average quantity: 157,395 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| South Africa | 2023 | $748.2/t | -1% | -15.1% | -8.2% | $6.7B | 5 | Mid |
| Madagascar | 2023 | $816.6/t | -65.7% | -19.7% | +10.9% | $1.4B | 4 | Below |
| Indonesia | 2023 | $813.4/t | -58.3% | +430.7% | +430.7% | $542.8M | 2 | Below |
| India | 2023 | $899.5/t | -6.1% | -9.1% | -33.9% | $1.5B | 5 | Mid |
| Pakistan | 2023 | $1.6K/t | +29.6% | +150.6% | +28.7% | $1.6B | 5 | Above |
| Saudi Arabia | 2023 | $493.8/t | -60.5% | +3.2% | -41.9% | $1.1B | 5 | Below |
| Maldives | 2023 | $933.0/t | -82.9% | -32% | -48.1% | $1.2B | 5 | Below |
| United Arab Emirates | 2023 | $671.4/t | -37.3% | +40.2% | -6.2% | $1.3B | 5 | Below |
| Egypt | 2023 | $970.5/t | -21.3% | -25.1% | +59.1% | $374.4M | 5 | Mid |
| Singapore | 2023 | $474.8/t | -18.2% | +15.8% | +52.8% | $614.2M | 5 | Mid |
| Mauritius | 2023 | $1.4K/t | -59.1% | +34.1% | +34.1% | $742.4M | 2 | Below |
| Republic of Korea | 2023 | $674.2/t | -33.2% | -24.2% | +80.6% | $308.5M | 5 | Below |
| China | 2023 | $270.5/t | -75% | +68.7% | -36% | $287.0M | 5 | Below |
| Kenya | 2023 | $894.8/t | -43.9% | -21.7% | +433.2% | $601.3M | 5 | Below |
| Mozambique | 2023 | $1.5K/t | +36.5% | +41.7% | +352% | $418.3M | 5 | Above |
| Gibraltar | 2017 | $566.4K/t | +129,639.3% | Not reported | +0% | $10.6M | 1 | Above |

## Price history

- South Africa: 2017 $815.0/t, 2019 $481.9/t, 2020 $324.4/t, 2022 $881.1/t, 2023 $748.2/t
- Madagascar: 2019 $736.6/t, 2020 $355.6/t, 2022 $1.0K/t, 2023 $816.6/t
- Indonesia: 2020 $153.3/t, 2023 $813.4/t
- India: 2017 $1.4K/t, 2019 $740.6/t, 2020 $552.4/t, 2022 $990.0/t, 2023 $899.5/t
- Pakistan: 2017 $1.3K/t, 2019 $579.0/t, 2020 $926.9/t, 2022 $646.8/t, 2023 $1.6K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $773.6/t | Not reported | $2.8B | 57 |
| 2019 | $168.6/t | -78.2% | $2.4B | 76 |
| 2020 | $125.7/t | -25.4% | $2.2B | 82 |
| 2022 | $843.9/t | +571.3% | $8.4B | 68 |
| 2023 | $757.3/t | -10.3% | $9.3B | 81 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 120 importer markets; 364 reported market-year observations.

## FAQ

### What does Oman price positioning show for HS 271000?

It compares Oman's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "OMN",
  "hs_code": "271000",
  "summary": {
    "num_markets": 120,
    "highest_price_importer_iso3": "GIB",
    "highest_price_usd_per_ton": 566378.9344306097,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 3.203337476065169,
    "median_price_across_markets": 1083.4048520416409,
    "price_spread_pct": 52277.38550605686,
    "avg_quantity_metric_tons": 157394.59618681317,
    "total_trade_value_usd": 25025401870
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "ZAF",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 748.1912490295955,
      "quantity_metric_tons": 3251501.089,
      "trade_value_usd": 2432744661,
      "market_median_price_usd_per_ton": 755.5354682885658,
      "price_vs_median_pct": -0.9720548627063598,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "MDG",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 816.6230670859159,
      "quantity_metric_tons": 725378.917,
      "trade_value_usd": 592361156,
      "market_median_price_usd_per_ton": 2383.9681420638453,
      "price_vs_median_pct": -65.74521896173704,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "IDN",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 813.406145962686,
      "quantity_metric_tons": 662398.457,
      "trade_value_usd": 538798976,
      "market_median_price_usd_per_ton": 1949.5736112305196,
      "price_vs_median_pct": -58.27774128265485,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "IND",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 899.5366013503019,
      "quantity_metric_tons": 525211.716,
      "trade_value_usd": 472447162,
      "market_median_price_usd_per_ton": 957.464793544233,
      "price_vs_median_pct": -6.050164202852739,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "PAK",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 1621.1479494938717,
      "quantity_metric_tons": 285825.432,
      "trade_value_usd": 463365313,
      "market_median_price_usd_per_ton": 1250.9669401745189,
      "price_vs_median_pct": 29.591590107705798,
      "price_position": "Premium"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "SAU",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 493.830976061332,
      "quantity_metric_tons": 921329.542,
      "trade_value_usd": 454981067,
      "market_median_price_usd_per_ton": 1250.9409374033662,
      "price_vs_median_pct": -60.52323804460354,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "MDV",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 933.0056339113133,
      "quantity_metric_tons": 472346.271,
      "trade_value_usd": 440701732,
      "market_median_price_usd_per_ton": 5457.444048448104,
      "price_vs_median_pct": -82.90398168760656,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "ARE",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 671.3956149514029,
      "quantity_metric_tons": 634194.431,
      "trade_value_usd": 425795360,
      "market_median_price_usd_per_ton": 1071.2083435904422,
      "price_vs_median_pct": -37.3235263738667,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "EGY",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 970.5355046523772,
      "quantity_metric_tons": 317902,
      "trade_value_usd": 308535178,
      "market_median_price_usd_per_ton": 1233.169092692607,
      "price_vs_median_pct": -21.29745138736595,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "SGP",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 474.83310104863915,
      "quantity_metric_tons": 544796.263,
      "trade_value_usd": 258687299,
      "market_median_price_usd_per_ton": 580.3895359938896,
      "price_vs_median_pct": -18.187170580959915,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "MUS",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 1359.954616086241,
      "quantity_metric_tons": 182821.606,
      "trade_value_usd": 248629087,
      "market_median_price_usd_per_ton": 3325.18337408313,
      "price_vs_median_pct": -59.10136485446526,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "KOR",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 674.2298292333048,
      "quantity_metric_tons": 347522.214,
      "trade_value_usd": 234309843,
      "market_median_price_usd_per_ton": 1008.6093993891304,
      "price_vs_median_pct": -33.15253361294713,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "CHN",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 270.4747458184706,
      "quantity_metric_tons": 832071.868,
      "trade_value_usd": 225054427,
      "market_median_price_usd_per_ton": 1082.607258306351,
      "price_vs_median_pct": -75.01635577045678,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "KEN",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 894.8435406588153,
      "quantity_metric_tons": 235350.697,
      "trade_value_usd": 210602051,
      "market_median_price_usd_per_ton": 1595.2304332637527,
      "price_vs_median_pct": -43.905060861457166,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "OMN",
      "importer_iso3": "MOZ",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 1534.8929672796585,
      "quantity_metric_tons": 134232.737,
      "trade_value_usd": 206032884,
      "market_median_price_usd_per_ton": 1124.17472754811,
      "price_vs_median_pct": 36.53508922294923,
      "price_position": "Premium"
    },
    {
      "year": 2017,
      "exporter_iso3": "OMN",
      "importer_iso3": "GIB",
      "hs_code": "271000",
      "unit_value_usd_per_ton": 566378.9344306097,
      "quantity_metric_tons": 18.713,
      "trade_value_usd": 10598649,
      "market_median_price_usd_per_ton": 436.5516498705327,
      "price_vs_median_pct": 129639.27245460635,
      "price_position": "Premium"
    }
  ],
  "marketAggregates": [
    {
      "importer_iso3": "ZAF",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 748.1912490295955,
      "market_median_price_usd_per_ton": 755.5354682885658,
      "price_vs_median_pct": -0.9720548627063598,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -15.086951071459909,
      "first_year": 2017,
      "period_change_pct": -8.200733893377876,
      "period_trade_value_usd": 6736704016,
      "observed_years": 5
    },
    {
      "importer_iso3": "MDG",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 816.6230670859159,
      "market_median_price_usd_per_ton": 2383.9681420638453,
      "price_vs_median_pct": -65.74521896173704,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -19.709008110311377,
      "first_year": 2019,
      "period_change_pct": 10.862618064319541,
      "period_trade_value_usd": 1367178615,
      "observed_years": 4
    },
    {
      "importer_iso3": "IDN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 813.406145962686,
      "market_median_price_usd_per_ton": 1949.5736112305196,
      "price_vs_median_pct": -58.27774128265485,
      "price_position": "Below",
      "prior_year": 2020,
      "yoy_change_pct": 430.7172398910659,
      "first_year": 2020,
      "period_change_pct": 430.7172398910659,
      "period_trade_value_usd": 542788503,
      "observed_years": 2
    },
    {
      "importer_iso3": "IND",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 899.5366013503019,
      "market_median_price_usd_per_ton": 957.464793544233,
      "price_vs_median_pct": -6.050164202852739,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -9.138158427346632,
      "first_year": 2017,
      "period_change_pct": -33.91652491208953,
      "period_trade_value_usd": 1510431304,
      "observed_years": 5
    },
    {
      "importer_iso3": "PAK",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 1621.1479494938717,
      "market_median_price_usd_per_ton": 1250.9669401745189,
      "price_vs_median_pct": 29.591590107705798,
      "price_position": "Above",
      "prior_year": 2022,
      "yoy_change_pct": 150.63473406243654,
      "first_year": 2017,
      "period_change_pct": 28.691982303609898,
      "period_trade_value_usd": 1555873837,
      "observed_years": 5
    },
    {
      "importer_iso3": "SAU",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 493.830976061332,
      "market_median_price_usd_per_ton": 1250.9409374033662,
      "price_vs_median_pct": -60.52323804460354,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": 3.2137288229803884,
      "first_year": 2017,
      "period_change_pct": -41.91384536494619,
      "period_trade_value_usd": 1139843958,
      "observed_years": 5
    },
    {
      "importer_iso3": "MDV",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 933.0056339113133,
      "market_median_price_usd_per_ton": 5457.444048448104,
      "price_vs_median_pct": -82.90398168760656,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -31.950435775000475,
      "first_year": 2017,
      "period_change_pct": -48.08102263054771,
      "period_trade_value_usd": 1157290377,
      "observed_years": 5
    },
    {
      "importer_iso3": "ARE",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 671.3956149514029,
      "market_median_price_usd_per_ton": 1071.2083435904422,
      "price_vs_median_pct": -37.3235263738667,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": 40.2097249838997,
      "first_year": 2017,
      "period_change_pct": -6.1585374664016035,
      "period_trade_value_usd": 1301542192,
      "observed_years": 5
    },
    {
      "importer_iso3": "EGY",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 970.5355046523772,
      "market_median_price_usd_per_ton": 1233.169092692607,
      "price_vs_median_pct": -21.29745138736595,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -25.121512109996612,
      "first_year": 2017,
      "period_change_pct": 59.13958888717112,
      "period_trade_value_usd": 374383749,
      "observed_years": 5
    },
    {
      "importer_iso3": "SGP",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 474.83310104863915,
      "market_median_price_usd_per_ton": 580.3895359938896,
      "price_vs_median_pct": -18.187170580959915,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 15.830334354306363,
      "first_year": 2017,
      "period_change_pct": 52.75677515003214,
      "period_trade_value_usd": 614163388,
      "observed_years": 5
    },
    {
      "importer_iso3": "MUS",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 1359.954616086241,
      "market_median_price_usd_per_ton": 3325.18337408313,
      "price_vs_median_pct": -59.10136485446526,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": 34.062976340810124,
      "first_year": 2022,
      "period_change_pct": 34.062976340810124,
      "period_trade_value_usd": 742351971,
      "observed_years": 2
    },
    {
      "importer_iso3": "KOR",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 674.2298292333048,
      "market_median_price_usd_per_ton": 1008.6093993891304,
      "price_vs_median_pct": -33.15253361294713,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -24.233712717071086,
      "first_year": 2017,
      "period_change_pct": 80.63680757077671,
      "period_trade_value_usd": 308469086,
      "observed_years": 5
    },
    {
      "importer_iso3": "CHN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 270.4747458184706,
      "market_median_price_usd_per_ton": 1082.607258306351,
      "price_vs_median_pct": -75.01635577045678,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": 68.72627787050685,
      "first_year": 2017,
      "period_change_pct": -36.018880093322856,
      "period_trade_value_usd": 287035611,
      "observed_years": 5
    },
    {
      "importer_iso3": "KEN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 894.8435406588153,
      "market_median_price_usd_per_ton": 1595.2304332637527,
      "price_vs_median_pct": -43.905060861457166,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -21.652862084832858,
      "first_year": 2017,
      "period_change_pct": 433.15218855755325,
      "period_trade_value_usd": 601316759,
      "observed_years": 5
    },
    {
      "importer_iso3": "MOZ",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 1534.8929672796585,
      "market_median_price_usd_per_ton": 1124.17472754811,
      "price_vs_median_pct": 36.53508922294923,
      "price_position": "Above",
      "prior_year": 2022,
      "yoy_change_pct": 41.67325118110104,
      "first_year": 2017,
      "period_change_pct": 351.986166133452,
      "period_trade_value_usd": 418317001,
      "observed_years": 5
    },
    {
      "importer_iso3": "GIB",
      "latest_year": 2017,
      "latest_unit_value_usd_per_ton": 566378.9344306097,
      "market_median_price_usd_per_ton": 436.5516498705327,
      "price_vs_median_pct": 129639.27245460635,
      "price_position": "Above",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2017,
      "period_change_pct": 0,
      "period_trade_value_usd": 10598649,
      "observed_years": 1
    }
  ],
  "trendRows": [
    {
      "importer_iso3": "ZAF",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 815.0296628304126
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 481.8787767444659
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 324.41724201017274
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 881.1263503907952
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 748.1912490295955
        }
      ]
    },
    {
      "importer_iso3": "MDG",
      "position": "Budget",
      "values": [
        {
          "year": 2019,
          "unit_value_usd_per_ton": 736.6081383827079
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 355.62778899166466
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 1017.0793109741004
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 816.6230670859159
        }
      ]
    },
    {
      "importer_iso3": "IDN",
      "position": "Budget",
      "values": [
        {
          "year": 2020,
          "unit_value_usd_per_ton": 153.26544623454183
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 813.406145962686
        }
      ]
    },
    {
      "importer_iso3": "IND",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 1361.2126180617067
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 740.5904122490589
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 552.4336503462509
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 990.0048092587141
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 899.5366013503019
        }
      ]
    },
    {
      "importer_iso3": "PAK",
      "position": "Premium",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 1259.7116933588468
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 578.9520860655043
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 926.9416906032521
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 646.8169527891619
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 1621.1479494938717
        }
      ]
    }
  ],
  "annualRows": [
    {
      "year": 2017,
      "weighted_unit_value_usd_per_ton": 773.5933871463553,
      "trade_value_usd": 2763600837,
      "markets": 57
    },
    {
      "year": 2019,
      "weighted_unit_value_usd_per_ton": 168.62274394014304,
      "trade_value_usd": 2406380099,
      "markets": 76
    },
    {
      "year": 2020,
      "weighted_unit_value_usd_per_ton": 125.72634872420616,
      "trade_value_usd": 2165751568,
      "markets": 82
    },
    {
      "year": 2022,
      "weighted_unit_value_usd_per_ton": 843.9382751707126,
      "trade_value_usd": 8376960312,
      "markets": 68
    },
    {
      "year": 2023,
      "weighted_unit_value_usd_per_ton": 757.348177618384,
      "trade_value_usd": 9312709054,
      "markets": 81
    }
  ]
}