Price for Chromium; Waste and Scrap in Oman - 2022

Contents:

1. Price for Chromium; Waste and Scrap in Oman (CIF) - 2022
2. Imports of Chromium; Waste and Scrap in Oman

Price for Chromium; Waste and Scrap in Oman (CIF) - 2022

In 2022, the average chromium; waste and scrap import price amounted to $999 per ton, reducing by -16% against the previous year. In general, the import price faced a precipitous setback. The growth pace was the most rapid in 2016 when the average import price increased by 3.9%. The import price peaked at $19,289 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -25.6% per year.

Imports of Chromium; Waste and Scrap in Oman

For the fourth consecutive year, Oman recorded growth in overseas purchases of chromium; waste and scraps, which increased by 2.8% to 910 kg in 2022. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 2.9% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, chromium; waste and scrap imports declined to $909 in 2022. Over the period under review, imports, however, recorded a deep reduction. The smallest decline of -13.6% was in 2020.

Top Suppliers of Chromium; Waste and Scrap to Oman in 2022:

1. United Arab Emirates (910.0 kg)

Source: IndexBox Market Intelligence Platform