# Oman Alcohols: saturated monohydric, methanol (methyl alcohol) price positioning (HS 290511)

Canonical: https://www.yugalinks.com/trade/price-exporter/omn/290511
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Oman has a median reported export price of $372.3/t across 38 markets. Across the reported period, the highest observed price is $4.6K/t in Singapore; the lowest is $32.3/t in China.

## Summary

- Price spread: 1,220.5%
- Total trade value: $3.8B
- Average quantity: 148,684 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| China | 2023 | $1.1K/t | +0% | +3,295% | +178.1% | $993.1M | 5 | Mid |
| India | 2023 | $257.8/t | -75.8% | +23.3% | -33.8% | $531.4M | 5 | Below |
| Indonesia | 2023 | $273.8/t | -81.4% | -8.6% | -17.7% | $233.1M | 5 | Below |
| Malaysia | 2023 | $323.9/t | -77.1% | +16.3% | -53.2% | $443.7M | 5 | Below |
| Singapore | 2023 | $810.3/t | -79.6% | -82.3% | +111.1% | $634.8M | 5 | Below |
| Republic of Korea | 2023 | $291.7/t | -78.1% | -21.6% | +0.1% | $365.6M | 5 | Below |
| Other Asia, nes | 2023 | $275.0/t | -12.3% | +47.7% | -23.6% | $182.0M | 4 | Mid |
| Thailand | 2023 | $189.5/t | -87.1% | -55.2% | -56.4% | $90.8M | 5 | Below |
| USA, Puerto Rico and US Virgin Islands | 2020 | $200.5/t | -65.2% | -31.7% | -37.3% | $40.1M | 3 | Below |
| Netherlands | 2023 | $277.7/t | -55.4% | -6.2% | -45% | $212.1M | 5 | Below |
| Japan | 2023 | $318.7/t | -51.2% | -7.1% | -0.7% | $49.9M | 5 | Below |
| Turkey | 2019 | $315.0/t | -87% | -11.1% | -11.1% | $10.0M | 2 | Below |
| Germany | 2022 | $1.2K/t | +133.4% | +495.4% | +419.9% | $6.8M | 3 | Above |
| Romania | 2017 | $346.0/t | -14.9% | Not reported | +0% | $2.3M | 1 | Mid |
| Italy | 2023 | $374.5/t | -15.4% | +71.7% | +27.1% | $16.6M | 3 | Mid |

## Price history

- China: 2017 $393.7/t, 2019 $162.0/t, 2020 $94.1/t, 2022 $32.3/t, 2023 $1.1K/t
- India: 2017 $389.6/t, 2019 $246.5/t, 2020 $204.9/t, 2022 $209.1/t, 2023 $257.8/t
- Indonesia: 2017 $332.7/t, 2019 $337.4/t, 2020 $186.6/t, 2022 $299.6/t, 2023 $273.8/t
- Malaysia: 2017 $691.8/t, 2019 $283.0/t, 2020 $224.5/t, 2022 $278.6/t, 2023 $323.9/t
- Singapore: 2017 $383.8/t, 2019 $588.5/t, 2020 $720.6/t, 2022 $4.6K/t, 2023 $810.3/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $395.0/t | Not reported | $678.2M | 17 |
| 2019 | $285.1/t | -27.8% | $936.1M | 21 |
| 2020 | $191.1/t | -33% | $654.0M | 24 |
| 2022 | $132.6/t | -30.6% | $722.8M | 22 |
| 2023 | $409.3/t | +208.7% | $832.5M | 23 |

## 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; 38 importer markets; 107 reported market-year observations.

## FAQ

### What does Oman price positioning show for HS 290511?

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 Alcohols: saturated monohydric, methanol (methyl alcohol) 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

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  "source": "reported",
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  "hs_code": "290511",
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    "lowest_price_usd_per_ton": 32.25553537174591,
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    "price_spread_pct": 1220.50276916103,
    "avg_quantity_metric_tons": 148684.12646728975,
    "total_trade_value_usd": 3823656551
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