Price for Steel, Stainless; Ingots and Other Primary Forms in Oman - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Oman (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Oman (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Oman
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Oman
Price for Steel, Stainless; Ingots and Other Primary Forms in Oman (CIF) - 2022
In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $1,084 per ton, falling by -35.7% against the previous year. In general, the import price continues to indicate a mild reduction. The growth pace was the most rapid in 2020 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $2,275 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($2,410 per ton), while the price for the United Arab Emirates ($980 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Ingots and Other Primary Forms in Oman (FOB) - 2022
The average export price for steel, stainless; ingots and other primary formses stood at $350 per ton in 2022, dropping by -6.3% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 1,350%. As a result, the export price reached the peak level of $1,710 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
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 the United Arab Emirates amounted to +25.5% per year.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Oman
In 2022, imports of steel, stainless; ingots and other primary formses into Oman soared to 56 tons, surging by 265% on the previous year's figure. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,337%. As a result, imports reached the peak of 403 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; ingots and other primary formses soared to $60K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 3,332%. As a result, imports reached the peak of $916K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Steel, Stainless; Ingots and Other Primary Forms in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 6.5 | 145 | 0.4 | 51.2 | 99.0% |
Qatar | N/A | 18.9 | 0.4 | 5.7 | -45.1% |
Italy | 19.6 | 727 | 23.8 | N/A | 10.2% |
Others | 0.5 | 25.7 | 1.1 | 3.4 | 89.5% |
Total | 26.7 | 916 | 25.7 | 60.3 | 31.2% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Oman in 2022:
- United Arab Emirates (52.3 tons)
- Qatar (2.4 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Oman
In 2022, approx. 3.7 tons of steel, stainless; ingots and other primary formses were exported from Oman; reducing by -20.1% compared with the previous year. In general, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 5,281% against the previous year.
In value terms, exports of steel, stainless; ingots and other primary formses dropped significantly to $1.3K in 2022. Over the period under review, exports saw a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 8,540% against the previous year.
Export of Steel, Stainless; Ingots and Other Primary Forms in Oman (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 2,231 | 14.0 | 1,191 | 1,293 | -16.6% |
Qatar | 975 | 6.0 | 537 | N/A | -25.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3,206 | 20.0 | 1,728 | 1,293 | -26.1% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Oman in 2022:
- United Arab Emirates (3.7 tons)
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Oman.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Oman.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Oman.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
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