Copper; Master Alloys Price in Oman - 2021

Contents:

1. Copper; Master Alloys Price in Oman (CIF) - 2022
2. Copper; Master Alloys Imports in Oman

Copper; Master Alloys Price in Oman (CIF) - 2022

The average copper; master alloys import price stood at $2,051 per ton in 2022, growing by 5.2% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 50% against the previous year. The import price peaked at $7,211 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($4,796 per ton), while the price for the United Arab Emirates ($1,196 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.2%), while the prices for the other major suppliers experienced a decline.

Copper; Master Alloys Imports in Oman

For the fourth consecutive year, Oman recorded growth in purchases abroad of copper; master alloyses, which increased by 0.8% to 55 tons in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 93% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, copper; master alloys imports expanded significantly to $112K in 2022. Overall, imports, however, continue to indicate a deep slump.

Top Suppliers of Copper; Master Alloys to Oman in 2022:

1. United Arab Emirates (30.8 tons)
2. Italy (14.7 tons)
3. United Kingdom (9.0 tons)

Source: IndexBox Market Intelligence Platform