Gold Compounds Price in Oman - 2021
Contents:
Gold Compounds Price in Oman (CIF) - 2022
In 2022, the average gold compounds import price amounted to $352,800 per ton, reducing by -7.3% against the previous year. In general, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 when the average import price increased by 170%. Over the period under review, average import prices attained the peak figure at $1,474,286 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($551,000 per ton), while the price for India ($241,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+151.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Gold Compounds Imports in Oman
In 2022, overseas purchases of gold compoundses decreased by 0% to 5 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports faced a precipitous descent. The smallest decline of -58.3% was in 2020.
In value terms, gold compounds imports fell to $1.8K in 2022. In general, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.
| Import of Gold Compounds in Oman (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4,748 | 360 | 164 | 551 | -51.2% |
| Germany | 151 | 463 | 501 | 350 | 32.3% |
| United Kingdom | 791 | 296 | 390 | 272 | -29.9% |
| India | 63.0 | 43.0 | 346 | 241 | 56.4% |
| Qatar | 113 | N/A | N/A | N/A | 0% |
| Others | 151 | 462 | 502 | 350 | 32.3% |
| Total | 6,017 | 1,624 | 1,903 | 1,764 | -33.6% |
Top Suppliers of Gold Compounds to Oman in 2022:
- United Kingdom (1.0 kg)
- United Arab Emirates (1.0 kg)
- Germany (1.0 kg)
- India (1.0 kg)
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