Price for Nickel; Tubes and Pipes, Not Alloyed in Oman - 2022

Contents:

  1. Price for Nickel; Tubes and Pipes, Not Alloyed in Oman (CIF) - 2022
  2. Imports of Nickel; Tubes and Pipes, Not Alloyed in Oman

Price for Nickel; Tubes and Pipes, Not Alloyed in Oman (CIF) - 2022

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $24,046 per ton, reducing by -35% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The growth pace was the most rapid in 2016 when the average import price increased by 308%. Over the period under review, average import prices reached the peak figure at $37,010 per ton in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($459,217 per ton), while the price for the United Arab Emirates ($11,803 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+129.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Tubes and Pipes, Not Alloyed in Oman

For the third year in a row, Oman recorded decline in overseas purchases of nickel; tubes and pipes, not alloyeds, which decreased by -13.6% to 2.4 tons in 2022. Overall, imports showed a precipitous contraction.

In value terms, imports of nickel; tubes and pipes, not alloyeds fell remarkably to $57K in 2022. Over the period under review, imports recorded a dramatic slump. The smallest decline of -25.1% was in 2020.

Import of Nickel; Tubes and Pipes, Not Alloyed in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China71.426.810.430.1-25.0%
Switzerland5.620.140.710.623.7%
United Arab Emirates2.02.40.27.756.7%
Germany13.831.540.86.8-21.0%
United States2.66.810.21.9-9.9%
IndiaN/A48.9N/AN/A0%
Singapore22.8N/AN/AN/A0%
Others64.1N/AN/A0.4-81.6%
Total18213710257.5-31.9%

Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Oman in 2022:

  1. China (1519.0 kg)
  2. United Arab Emirates (651.0 kg)
  3. Germany (174.0 kg)
  4. Switzerland (23.0 kg)
  5. United States (14.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes and pipes, not alloyed - Oman