Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman - 2022
Contents:
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman (FOB) - 2022
- Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman (CIF) - 2022
- Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman
- Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman (FOB) - 2022
In 2022, the average export price for copper; copper-zinc base alloys (brass) unwroughts amounted to $6,985 per ton, picking up by 65% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for copper; copper-zinc base alloys (brass) unwroughts increased by +138.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($6,992 per ton), while the average price for exports to the United Arab Emirates amounted to $3,336 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+64.8%), while the prices for the other major destinations experienced a decline.
Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman (CIF) - 2022
In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $8,990 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The growth pace was the most rapid in 2017 when the average import price increased by 39% against the previous year. The import price peaked at $16,352 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($73,051 per ton), while the price for Canada ($4,302 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman
In 2022, shipments abroad of copper; copper-zinc base alloys (brass) unwroughts decreased by -36.8% to 200 tons, falling for the second year in a row after two years of growth. In general, exports recorded a mild descent. The most prominent rate of growth was recorded in 2020 when exports increased by 111% against the previous year. As a result, the exports attained the peak of 439 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts expanded modestly to $1.4M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 96% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | 1,175 | 696 | -40.8% |
United Arab Emirates | 43.8 | 34.3 | 0.2 | 1.3 | -69.0% |
India | 240 | 274 | N/A | N/A | 14.2% |
Taiwan (Chinese) | 40.1 | N/A | N/A | N/A | 0% |
Saudi Arabia | N/A | N/A | 167 | N/A | 0% |
Others | 331 | 978 | N/A | 701 | 28.4% |
Total | 655 | 1,286 | 1,342 | 1,397 | 28.7% |
Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Oman in 2022:
- China (99.5 tons)
- United Arab Emirates (0.4 tons)
Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman
For the fourth consecutive year, Oman recorded growth in overseas purchases of copper; copper-zinc base alloys (brass) unwroughts, which increased by 12% to 36 tons in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 564% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts expanded remarkably to $326K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 419%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 11.3 | 85.9 | 113 | 90.7 | 100.2% |
United States | 7.9 | 12.3 | 17.3 | 51.9 | 87.3% |
Pakistan | 2.6 | 3.6 | 4.5 | 12.0 | 66.5% |
Bahrain | N/A | N/A | N/A | 9.3 | 0% |
United Kingdom | 3.6 | 22.8 | 15.9 | 7.4 | 27.1% |
Qatar | 2.1 | 1.9 | 2.4 | 6.6 | 46.5% |
Luxembourg | N/A | N/A | N/A | 4.8 | 0% |
Canada | 0.6 | 1.2 | 1.8 | 2.2 | 54.2% |
Netherlands | 0.1 | 1.8 | 1.5 | 2.2 | 180.2% |
Others | 21.5 | 128 | 133 | 139 | 86.3% |
Total | 49.6 | 258 | 290 | 326 | 87.3% |
Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Oman in 2022:
- United Arab Emirates (13.2 tons)
- Bahrain (1.3 tons)
- Pakistan (0.8 tons)
- Luxembourg (0.7 tons)
- United States (0.7 tons)
- Qatar (0.6 tons)
- Canada (0.5 tons)
- Netherlands (0.3 tons)
- United Kingdom (0.3 tons)
This report provides an in-depth analysis of the copper market in Oman.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the copper market in Oman.
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This report provides an in-depth analysis of the global copper market.
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