Price for Cermets; Articles Thereof, Including Waste and Scrap in Oman - 2022

Contents:

  1. Price for Cermets; Articles Thereof, Including Waste and Scrap in Oman (CIF) - 2022
  2. Price for Cermets; Articles Thereof, Including Waste and Scrap in Oman (FOB) - 2022
  3. Imports of Cermets; Articles Thereof, Including Waste and Scrap in Oman
  4. Exports of Cermets; Articles Thereof, Including Waste and Scrap in Oman

Price for Cermets; Articles Thereof, Including Waste and Scrap in Oman (CIF) - 2022

The average import price for cermets; articles thereof, including waste and scrap stood at $61,458 per ton in 2022, surging by 16% against the previous year. Overall, the import price recorded a strong expansion. The pace of growth was the most pronounced in 2018 an increase of 179% against the previous year. Over the period under review, average import prices hit record highs at $68,068 per ton in 2015; however, from 2016 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 India ($173,500 per ton), while the price for Latvia ($20,207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+48.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cermets; Articles Thereof, Including Waste and Scrap in Oman (FOB) - 2022

The average export price for cermets; articles thereof, including waste and scrap stood at $94,353 per ton in 2022, which is down by -28.2% against the previous year. Over the period under review, the export price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2015 an increase of 459%. As a result, the export price reached the peak level of $290,727 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($724,000 per ton), while the average price for exports to Thailand ($71,706 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+329.9%), while the prices for the other major destinations experienced a decline.

Imports of Cermets; Articles Thereof, Including Waste and Scrap in Oman

In 2022, supplies from abroad of cermets; articles thereof, including waste and scrap decreased by -3% to 2.8 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports reached the peak of 3.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cermets; articles thereof, including waste and scrap rose significantly to $173K in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 69%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Cermets; Articles Thereof, Including Waste and Scrap in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates9.832.089.9105120.5%
Russia5.211.816.415.443.6%
Latvia0.60.315.714.8191.1%
United States3.12.70.512.257.9%
United Kingdom0.63.17.47.0126.8%
Qatar15.151.29.96.8-23.4%
Germany29.91.14.66.4-40.2%
China2.29.96.71.0-23.1%
Turkey10.2N/AN/A0.8-57.2%
Others4.625.22.53.5-8.7%
Total81.413715417328.6%

Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to Oman in 2022:

  1. United Arab Emirates (1684.0 kg)
  2. Latvia (730.0 kg)
  3. United States (95.0 kg)
  4. Russia (95.0 kg)
  5. Qatar (64.0 kg)
  6. United Kingdom (60.0 kg)
  7. Germany (50.0 kg)
  8. China (10.0 kg)
  9. Turkey (6.0 kg)

Exports of Cermets; Articles Thereof, Including Waste and Scrap in Oman

In 2022, exports of cermets; articles thereof, including waste and scrap from Oman dropped markedly to 34 kg, waning by -40.4% against the previous year's figure. In general, exports faced a sharp curtailment. The smallest decline of -32.9% was in 2020.

In value terms, exports of cermets; articles thereof, including waste and scrap reduced remarkably to $3.2K in 2022. Overall, exports saw a precipitous slump. The smallest decline of -5.8% was in 2020.

Export of Cermets; Articles Thereof, Including Waste and Scrap in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.50.41.31.3-46.5%
ThailandN/AN/A2.11.2-42.9%
EcuadorN/AN/A1.20.7-41.7%
Free ZonesN/A6.8N/AN/A0%
YemenN/A0.7N/AN/A0%
PakistanN/AN/A1.7N/A0%
OthersN/AN/A1.2N/A0%
Total8.58.07.53.2-27.8%

Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from Oman in 2022:

  1. Thailand (17.0 kg)
  2. United Arab Emirates (16.0 kg)
  3. Ecuador (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cermets; articles thereof, including waste and scrap - Oman