Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman (CIF) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman (FOB) - 2022
3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman
4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman (CIF) - 2022

In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $9,994 per ton, picking up by 33% against the previous year. In general, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 63% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Morocco ($11,393 per ton), while the price for India ($1,539 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman (FOB) - 2022

The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $8,824 per ton in 2022, growing by 6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 23%. Over the period under review, the average export prices hit record highs at $9,397 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, 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 -0.2% per year.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman

In 2022, imports of copper; cast, moulded, stamped or forged, but not further worked into Oman fell sharply to 57 tons, declining by -58.1% against the previous year's figure. Over the period under review, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 283%.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked plummeted to $565K in 2022. In general, imports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 193% against the previous year.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Oman in 2022:

1. Morocco (23.6 tons)
2. Iran (20.9 tons)
3. United Kingdom (7.4 tons)
4. United Arab Emirates (2.1 tons)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Oman

In 2022, shipments abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -46.2% to 386 kg, falling for the second consecutive year after two years of growth. In general, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 331%. As a result, the exports attained the peak of 1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked shrank markedly to $3.4K in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 430%. As a result, the exports attained the peak of $8.5K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Oman in 2022:

1. United Arab Emirates (386.0 kg)

Source: IndexBox Market Intelligence Platform