Price for Metals; Silver, Unwrought, (But Not Powder) in Oman - 2022

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Oman (CIF) - 2022
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Oman (FOB) - 2022
  3. Imports of Metals; Silver, Unwrought, (But Not Powder) in Oman
  4. Exports of Metals; Silver, Unwrought, (But Not Powder) in Oman

Price for Metals; Silver, Unwrought, (But Not Powder) in Oman (CIF) - 2022

In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $714,087 per ton, declining by -10.5% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 metals; silver, unwrought, (but not powder) increased by +38.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 51%. As a result, import price reached the peak level of $820,768 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($755,542 per ton), while the price for Yemen totaled $625,786 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.5%).

Price for Metals; Silver, Unwrought, (But Not Powder) in Oman (FOB) - 2022

In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $734,800 per ton, rising by 16% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 107% against the previous year. As a result, the export price attained the peak level of $817,943 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($4,144,000 per ton), while the average price for exports to the United Arab Emirates totaled $491,286 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-3.8%).

Imports of Metals; Silver, Unwrought, (But Not Powder) in Oman

After two years of decline, purchases abroad of metals; silver, unwrought, (but not powder) increased by 71% to 747 kg in 2022. In general, imports, however, faced a dramatic slump.

In value terms, imports of metals; silver, unwrought, (but not powder) soared to $533K in 2022. Over the period under review, imports, however, showed a precipitous slump.

Import of Metals; Silver, Unwrought, (But Not Powder) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,051647270393-28.0%
Yemen20815679.1140-12.4%
Others0.81.10.20.4-20.6%
Total1,259804349533-24.9%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Oman in 2022:

  1. United Arab Emirates (520.0 kg)
  2. Yemen (224.0 kg)

Exports of Metals; Silver, Unwrought, (But Not Powder) in Oman

In 2022, the amount of metals; silver, unwrought, (but not powder) exported from Oman shrank notably to 15 kg, reducing by -51.6% on 2021 figures. Overall, exports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year.

In value terms, exports of metals; silver, unwrought, (but not powder) dropped markedly to $11K in 2022. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of $20K, and then contracted remarkably in the following year.

Export of Metals; Silver, Unwrought, (But Not Powder) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates16.511.518.26.9-25.2%
IranN/AN/AN/A4.10%
OthersN/AN/A1.5N/A0%
Total16.511.519.711.0-12.6%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Oman in 2022:

  1. United Arab Emirates (14.0 kg)
  2. Iran (1.0 kg)

Source: IndexBox Market Intelligence Platform

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