Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman - 2022

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $28 per unit in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2013 an increase of 54% against the previous year. Over the period under review, average import prices reached the peak figure at $41 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Iran ($28 per unit) and Qatar ($28 per unit), while the price for Turkey ($28 per unit) and the United Arab Emirates ($28 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $23 per unit in 2022, increasing by 7.6% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 36% against the previous year. The export price peaked at $26 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($23 per unit), while the average price for exports to the United Arab Emirates totaled $22 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman

In 2022, overseas purchases of containers for compressed or liquefied gas, of iron or steel were finally on the rise to reach 297K units after two years of decline. In general, imports, however, showed a abrupt setback. Over the period under review, imports of reached the maximum at 404K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel skyrocketed to $8.4M in 2022. Overall, imports, however, recorded a deep setback. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4.23.11.32.9-11.6%
Italy6.90.20.12.0-33.8%
China0.40.50.81.244.2%
Iran0.1N/A0.10.9108.0%
Turkey0.10.60.20.344.2%
Qatar0.10.40.20.344.2%
India1.30.20.50.2-46.4%
South KoreaN/A3.1N/AN/A0%
Others0.50.70.60.4-7.2%
Total13.78.73.88.4-15.0%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Oman in 2022:

  1. United Arab Emirates (107.0K units)
  2. Italy (73.3K units)
  3. China (44.1K units)
  4. Iran (32.5K units)
  5. Turkey (12.6K units)
  6. Qatar (10.8K units)
  7. India (8.4K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman

Exports of containers for compressed or liquefied gas, of iron or steel from Oman dropped notably to 202K units in 2022, falling by -37.2% on 2021 figures. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, the exports attained the peak of 321K units, and then shrank markedly in the following year.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel declined markedly to $4.7M in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of $7M, and then contracted notably in the following year.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.24.55.83.20.0%
Bahrain0.30.50.61.154.2%
Egypt2.9N/AN/AN/A0%
Others0.30.40.60.410.1%
Total6.75.37.04.7-11.1%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Oman in 2022:

  1. United Arab Emirates (150.6K units)
  2. Bahrain (47.6K units)

Source: IndexBox Market Intelligence Platform

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