Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman (FOB) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman (CIF) - 2022
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $4,759 per ton in 2022, rising by 63% against the previous year. In general, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Algeria ($4,759 per ton) and Colombia ($4,759 per ton), while the average price for exports to Saudi Arabia ($4,759 per ton) and China ($4,759 per ton) were amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+47.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,279 per ton, picking up by 14% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +61.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,121 per ton), while the price for the United Arab Emirates ($1,027 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman
In 2022, shipments abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -63.8% to 2.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 56%.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms dropped notably to $13M in 2022. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, the exports reached the peak of $22M, and then reduced sharply in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 0.9 | 2.4 | 5.0 | 5.4 | 81.7% |
| Algeria | N/A | N/A | 0.1 | 2.0 | 1900.0% |
| Colombia | 2.1 | 3.5 | 6.1 | 1.7 | -6.8% |
| Costa Rica | 0.6 | 1.9 | 3.2 | 1.5 | 35.7% |
| Ecuador | N/A | 3.4 | 6.3 | 0.7 | -54.6% |
| Kenya | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| China | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
| Saudi Arabia | 0.8 | N/A | N/A | 0.3 | -27.9% |
| Morocco | 1.3 | N/A | N/A | N/A | 0% |
| Portugal | 1.3 | 0.1 | N/A | N/A | -92.3% |
| Others | 0.6 | 1.3 | 1.0 | 0.5 | -5.9% |
| Total | 8.4 | 13.1 | 22.1 | 13.0 | 15.7% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Oman in 2022:
- Egypt (1139.8 tons)
- Algeria (410.6 tons)
- Colombia (362.2 tons)
- Costa Rica (322.1 tons)
- Ecuador (145.9 tons)
- Kenya (110.7 tons)
- China (82.9 tons)
- Saudi Arabia (57.9 tons)
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Oman surged to 674 tons, rising by 23% compared with 2021 figures. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $2.9M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 230%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 979 | 433 | 1,635 | 1,640 | 18.8% |
| Netherlands | N/A | 77.4 | 303 | 1,071 | 272.0% |
| United Arab Emirates | 18.5 | 35.0 | 7.0 | 142 | 97.3% |
| Brazil | N/A | N/A | 116 | N/A | 0% |
| Others | 14.8 | 79.2 | N/A | 30.6 | 27.4% |
| Total | 1,013 | 625 | 2,061 | 2,884 | 41.7% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Oman in 2022:
- Spain (320.2 tons)
- Netherlands (209.1 tons)
- United Arab Emirates (138.7 tons)
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