Price for Iron Oxides and Hydroxides in Oman - 2021
Contents:
- Price for Iron Oxides and Hydroxides in Oman (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Oman (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Oman
- Exports of Iron Oxides and Hydroxides in Oman
Price for Iron Oxides and Hydroxides in Oman (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $850 per ton, falling by -12.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22% against the previous year. The import price peaked at $1,088 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($1,332 per ton), while the price for Singapore ($137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron Oxides and Hydroxides in Oman (FOB) - 2022
The average iron oxides and hydroxides export price stood at $848 per ton in 2022, shrinking by -2.2% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron oxides and hydroxides export price decreased by -6.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 33%. Over the period under review, the average export prices attained the maximum at $903 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 Saudi Arabia amounted to +15.9% per year.
Imports of Iron Oxides and Hydroxides in Oman
In 2022, iron oxides and hydroxides imports into Oman soared to 1.5K tons, rising by 26% against the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern.
In value terms, iron oxides and hydroxides imports expanded sharply to $1.3M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 18% against the previous year. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Iron Oxides and Hydroxides in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 776 | 946 | 651 | 741 | -1.5% |
| United Arab Emirates | 246 | 176 | 218 | 219 | -3.8% |
| Netherlands | 21.5 | 118 | 109 | 109 | 71.8% |
| India | 29.9 | 37.0 | 87.3 | 87.4 | 43.0% |
| Belgium | 33.4 | 27.5 | 17.4 | 24.3 | -10.1% |
| Singapore | 5.3 | 4.7 | 3.9 | 3.4 | -13.8% |
| Others | 63.7 | 82.7 | 68.6 | 90.0 | 12.2% |
| Total | 1,176 | 1,392 | 1,155 | 1,273 | 2.7% |
Top Suppliers of Iron Oxides and Hydroxides to Oman in 2022:
- China (935.1 tons)
- United Arab Emirates (164.2 tons)
- India (127.7 tons)
- Netherlands (123.7 tons)
- Singapore (24.9 tons)
- Belgium (23.9 tons)
Exports of Iron Oxides and Hydroxides in Oman
After three years of growth, shipments abroad of iron oxides and hydroxideses decreased by -33% to 28 tons in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 192% against the previous year. As a result, the exports reached the peak of 41 tons, and then declined notably in the following year.
In value terms, iron oxides and hydroxides exports contracted significantly to $23K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 223% against the previous year. As a result, the exports reached the peak of $36K, and then fell significantly in the following year.
| Export of Iron Oxides and Hydroxides in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.8 | 2.1 | 0.8 | 23.4 | 83.3% |
| Nigeria | 4.9 | N/A | N/A | N/A | 0% |
| Somalia | N/A | 7.5 | N/A | N/A | 0% |
| Qatar | N/A | 0.5 | 5.1 | N/A | 920.0% |
| Yemen | N/A | 1.0 | 14.1 | N/A | 1310.0% |
| Saudi Arabia | N/A | N/A | 15.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.7 | 11.0 | 35.7 | 23.4 | 39.1% |
Top Export Markets for Iron Oxides and Hydroxides from Oman in 2022:
- United Arab Emirates (27.6 tons)
443
This report provides an in-depth analysis of the iron oxide pigment market in Oman.
1543
This report provides an in-depth analysis of the global iron oxide pigment market.
443
This report provides an in-depth analysis of the iron oxide pigment market in Oman.
1543
This report provides an in-depth analysis of the global iron oxide pigment market.
823
In value terms, lead oxides imports amounted to $X in 2016. In general, lead oxides imports continue to indicate a drastic curtailment. Over the period under review, global lead oxides imports reac...
998
In value terms, lead oxides exports amounted to $X in 2016. Overall, lead oxides exports continue to indicate a drastic reduction. Over the period under review, global lead oxides exports reached i...
1290
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
910
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
1973
According to the U.S. Geological Survey, 2014 was marked by a slight decrease in iron oxide pigments production in the U.S. compared with the previous year. Approximately X thousand tons of finished natural and synthetic iron oxide pigments were pro
823
In value terms, lead oxides imports amounted to $X in 2016. In general, lead oxides imports continue to indicate a drastic curtailment. Over the period under review, global lead oxides imports reac...
998
In value terms, lead oxides exports amounted to $X in 2016. Overall, lead oxides exports continue to indicate a drastic reduction. Over the period under review, global lead oxides exports reached i...
1290
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
910
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
1973
According to the U.S. Geological Survey, 2014 was marked by a slight decrease in iron oxide pigments production in the U.S. compared with the previous year. Approximately X thousand tons of finished natural and synthetic iron oxide pigments were pro
