Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman - 2022

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman (CIF) - 2022
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman (CIF) - 2022

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $11,439 per ton in 2022, growing by 15% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses increased by +99.0% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($17,680 per ton), while the price for Bulgaria ($3,547 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $11,052 per ton, surging by 14% against the previous year. Over the period under review, the export price showed temperate growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 85%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($11,870 per ton), while the average price for exports to Qatar ($1,373 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 the United Arab Emirates (+4.1%).

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman

In 2022, approx. 574 tons of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses were imported into Oman; growing by 23% against the previous year's figure. In general, imports, however, faced a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses skyrocketed to $6.6M in 2022. Over the period under review, imports recorded measured growth. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Oman in 2022:

1. United Kingdom (117.2 tons)
2. China (110.8 tons)
3. United Arab Emirates (76.3 tons)
4. Turkey (74.7 tons)
5. Finland (36.0 tons)
6. Malaysia (31.9 tons)
7. India (31.3 tons)
8. Egypt (23.7 tons)
9. Bulgaria (22.5 tons)
10. Germany (22.1 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Oman

In 2022, overseas shipments of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -77.6% to 2.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports faced a sharp decline. The growth pace was the most rapid in 2021 when exports increased by 22%. As a result, the exports reached the peak of 11 tons, and then reduced sharply in the following year.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses contracted significantly to $26K in 2022. Over the period under review, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports reached the peak of $103K, and then fell significantly in the following year.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Oman in 2022:

1. United Arab Emirates (2020.0 kg)
2. Qatar (185.0 kg)
3. Kuwait (182.0 kg)

Source: IndexBox Market Intelligence Platform