# Oman Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas price positioning (HS 271111)

Canonical: https://www.yugalinks.com/trade/price-exporter/omn/271111
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Oman has a median reported export price of $642.4/t across 17 markets. Across the reported period, the highest observed price is $7.7K/t in United Arab Emirates; the lowest is $131.7/t in Singapore.

## Summary

- Price spread: 1,183%
- Total trade value: $31.7B
- Average quantity: 1,032,101 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Republic of Korea | 2023 | $906.7/t | +15% | -7.5% | +99.1% | $15.3B | 5 | Mid |
| Japan | 2023 | $642.4/t | -5.5% | -12.5% | +50.7% | $6.8B | 5 | Mid |
| China | 2023 | $751.5/t | +21.5% | -45.7% | +74.6% | $3.0B | 5 | Mid |
| Croatia | 2023 | $2.5K/t | +240.4% | Not reported | +0% | $558.7M | 1 | Above |
| Thailand | 2023 | $993.1/t | +42.7% | -41.5% | +93.8% | $1.7B | 4 | Above |
| India | 2023 | $553.7/t | -13.4% | -49.8% | +46.6% | $2.4B | 5 | Mid |
| Other Asia, nes | 2023 | $762.8/t | +11.9% | +160.7% | +55.9% | $439.8M | 4 | Mid |
| Italy | 2022 | $3.1K/t | +124.8% | Not reported | +0% | $216.7M | 1 | Above |
| Philippines | 2023 | $943.5/t | +19.5% | Not reported | +0% | $114.1M | 1 | Mid |
| Greece | 2022 | $1.3K/t | +0.9% | Not reported | +0% | $113.4M | 1 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2022 | $1.2K/t | -1.3% | Not reported | +0% | $88.1M | 1 | Mid |
| Spain | 2023 | $661.3/t | -3.5% | -30.9% | -30.9% | $476.3M | 2 | Mid |
| France | 2023 | $684.3/t | +0% | -44.9% | -44.9% | $163.2M | 2 | Mid |
| Pakistan | 2023 | $654.9/t | -0% | +125.2% | +80.1% | $189.9M | 3 | Mid |
| Singapore | 2020 | $131.7/t | -48.4% | Not reported | +0% | $17.5M | 1 | Below |
| United Arab Emirates | 2022 | $7.7K/t | +0% | +1,441.7% | +1,445.6% | $1.5M | 3 | Mid |

## Price history

- Republic of Korea: 2017 $455.4/t, 2019 $622.6/t, 2020 $456.1/t, 2022 $979.9/t, 2023 $906.7/t
- Japan: 2017 $426.4/t, 2019 $457.5/t, 2020 $434.1/t, 2022 $733.8/t, 2023 $642.4/t
- China: 2017 $430.5/t, 2019 $491.9/t, 2020 $290.3/t, 2022 $1.4K/t, 2023 $751.5/t
- Croatia: 2023 $2.5K/t
- Thailand: 2019 $512.3/t, 2020 $348.5/t, 2022 $1.7K/t, 2023 $993.1/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $440.0/t | Not reported | $3.5B | 5 |
| 2019 | $531.1/t | +20.7% | $4.9B | 8 |
| 2020 | $395.5/t | -25.5% | $3.7B | 9 |
| 2022 | $1.0K/t | +160.9% | $10.9B | 12 |
| 2023 | $836.1/t | -19% | $8.8B | 12 |

## 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; 17 importer markets; 46 reported market-year observations.

## FAQ

### What does Oman price positioning show for HS 271111?

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 gases and other gaseous hydrocarbons: liquefied, natural gas 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": "271111",
  "summary": {
    "num_markets": 17,
    "highest_price_importer_iso3": "ARE",
    "highest_price_usd_per_ton": 7730.769230769231,
    "lowest_price_importer_iso3": "SGP",
    "lowest_price_usd_per_ton": 131.7211670623985,
    "median_price_across_markets": 642.3554453480907,
    "price_spread_pct": 1182.9973761005372,
    "avg_quantity_metric_tons": 1032101.4183913043,
    "total_trade_value_usd": 31708878709
  },
  "marketRows": [
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      "price_vs_median_pct": 15.042911192004015,
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  ],
  "trendRows": [
    {
      "importer_iso3": "KOR",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
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