What is the price of natural rubber per kilogram/pound in Oman today?
The retail price range for Oman natural rubber is between US$ 0.49 and US$ 2.46 per kilogram or between US$ 0.22 and US$ 1.12 per pound(lb). Click here to see today's exact prices of natural rubber in Oman
The retail price range in Rial Omani for natural rubber is between OMR 0.19 and OMR 0.95 per kilogram or between OMR 0.09 and OMR 0.43 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman natural rubber is between US$ 0.34 and US$ 1.72 per kilogram or between US$ 0.16 and US$ 0.78 per pound(lb).
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Oman Natural Rubber Export Prices - Historical, Trends and Prediction
The export price of Natural Rubber from Oman over the last five years has been quite varied. In 2015, the price per kilogram was 1.60 US dollars. This increased significantly to 47.00 US dollars in 2016, before dropping back to 1.47 US dollars in 2017. 2018 saw a slight increase to 2.23 US dollars, before dropping to 0.50 US dollars in 2020. 2021 saw a significant increase to 21.12 US dollars. Based on this data, it is likely that the export price of Natural Rubber from Oman in 2023 will be around 10.56 US dollars, and in 2024 around 15.84 US dollars.The exports of natural rubber from Oman are classified as:
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Technically specified natural rubber "TSNR" (HS code 400122)
Oman Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Oman over the last five years has been quite volatile. In 2015, the price was 1.60 US$ per kg, which then spiked to 47.00 US$ per kg in 2016. This was followed by a sharp decline to 1.47 US$ per kg in 2017. The price then increased to 2.23 US$ per kg in 2018 before dropping to 0.50 US$ per kg in 2020. The most recent year, 2021, saw a significant increase to 21.12 US$ per kg. Based on this data, it is likely that the import price of Natural Rubber into Oman will remain relatively stable in the next two years. We predict that the price in 2023 will be around 10.56 US$ per kg and in 2024 it will be around 15.84 US$ per kg.Export values for Oman natural rubber
The total values in export for natural rubber in Oman were US$ 47, US$ 25 and US$ 29 in US dollar thousand for the years 2016, 2017 and 2018 in that order.
Prices of other produce in the Processed category in Oman: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of natural rubber in other countries across Middle East: Bahrain natural rubber, Cyprus natural rubber, Iraq natural rubber, Israel natural rubber, Jordan natural rubber, Kuwait natural rubber, Lebanon natural rubber, Palestine natural rubber, Oman natural rubber & Qatar natural rubber.
Oman natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman exported 0 tonnes of natural rubber. Through 2019 alone, the market for Oman natural rubber (processed category) has , changing by per cent compared to the year 2018. Between 2017 and 2019, natural rubber's exports went down by -100% netting Oman US$0.00m for the year 2019. Oman's natural rubber exports are classified as:
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Smoked sheets of natural rubber (HS code 400121)
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Oman natural rubber export values
In 2019, Oman shipped natural rubber worth 0.00m USD, a decrease of -100.00% from 2018's total natural rubber export of 0.029m USD. The annual reduction in value of Oman natural rubber between 2017 to 2018 was 16%.
The yearly variation in the volume of Oman's natural rubber exports between 2017 and 2019 was -100 percent between 2018 and 2019.
Export markets for Oman natural rubber ( in '000$ )
Oman's best performing export markets for natural rubber are India, Yemen, United Arab Emirates (UAE), Qatar and Iran.
Oman imported 81 tonnes of natural rubber in 2019.