Price for Aluminium; Powders and Flakes in Oman - 2021

Price for Aluminium; Powders and Flakes in Oman (CIF) - 2022

In 2022, the average aluminium; powders and flakes import price amounted to $1,339 per ton, which is down by -9% against the previous year. In general, the import price showed a drastic downturn. The growth pace was the most rapid in 2015 an increase of 12% against the previous year. Over the period under review, average import prices reached the maximum at $3,128 per ton in 2018; however, from 2019 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 ($2,470 per ton), while the price for India ($742 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 (-4.3%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Powders and Flakes in Oman (FOB) - 2022

In 2022, the average aluminium; powders and flakes export price amounted to $1,205 per ton, standing approx. at the previous year. Overall, the export price saw a mild setback. The pace of growth was the most pronounced in 2014 an increase of 18% against the previous year. As a result, the export price attained the peak level of $1,540 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.1% per year.

Imports of Aluminium; Powders and Flakes in Oman

Aluminium; powders and flakes imports into Oman contracted to 6.5 tons in 2022, which is down by -9.2% compared with 2021. Over the period under review, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 58%.

In value terms, aluminium; powders and flakes imports shrank dramatically to $8.7K in 2022. Overall, imports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year.

Import of Aluminium; Powders and Flakes in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	9.7	1.2	1.2	5.4	-17.7%
Germany	7.7	3.2	4.5	2.4	-32.2%
India	16.8	2.2	0.2	0.8	-63.8%
Others	0.8	0.2	4.6	0.1	-50.0%
Total	35.0	6.8	10.5	8.7	-37.1%

Top Suppliers of Aluminium; Powders and Flakes to Oman in 2022:

Germany (3.1 tons)
United Arab Emirates (2.2 tons)
India (1.1 tons)

Exports of Aluminium; Powders and Flakes in Oman

In 2022, overseas shipments of aluminium; powders and flakeses increased by less than 0.1% to 24 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a sharp decrease.

In value terms, aluminium; powders and flakes exports amounted to $29K in 2022. Over the period under review, exports, however, continue to indicate a dramatic downturn. The smallest decline of -50% was in 2020.