Price for Tube or Pipe Flanges of Stainless Steel in Oman - 2022
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Oman (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Oman (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Oman
- Exports of Tube or Pipe Flanges of Stainless Steel in Oman
Price for Tube or Pipe Flanges of Stainless Steel in Oman (CIF) - 2022
In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $9,839 per ton, with an increase of 37% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 tube or pipe flanges of stainless steels increased by +67.8% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($33,895 per ton), while the price for India ($5,875 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 (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Oman (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $3,551 per ton, declining by -7.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 102%. Over the period under review, the average export prices hit record highs at $15,548 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 India amounted to +23.0% per year.
Imports of Tube or Pipe Flanges of Stainless Steel in Oman
In 2022, approx. 1.5K tons of tube or pipe flanges of stainless steels were imported into Oman; stabilizing at the previous year. In general, imports showed a abrupt curtailment.
In value terms, imports of tube or pipe flanges of stainless steels soared to $15M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges of Stainless Steel in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.2 | 5.3 | 4.3 | 6.7 | 44.9% |
| India | 1.5 | 1.0 | 2.1 | 2.6 | 20.1% |
| China | 0.4 | 0.9 | 1.0 | 2.5 | 84.2% |
| Italy | 4.6 | 4.4 | 1.7 | 1.0 | -39.9% |
| Spain | 0.2 | 0.2 | 0.8 | 1.0 | 71.0% |
| South Korea | 1.1 | 0.9 | 0.5 | 0.5 | -23.1% |
| Romania | 0.5 | 0.2 | 0.4 | 0.3 | -15.7% |
| Netherlands | 3.3 | 0.1 | N/A | 0.3 | -55.0% |
| Others | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
| Total | 14.0 | 13.1 | 11.1 | 15.0 | 2.3% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Oman in 2022:
- United Arab Emirates (672.7 tons)
- India (434.9 tons)
- China (238.3 tons)
- Italy (70.0 tons)
- South Korea (32.2 tons)
- Spain (30.8 tons)
- Romania (23.9 tons)
- Netherlands (10.2 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Oman
In 2022, shipments abroad of tube or pipe flanges of stainless steels decreased by -74.2% to 6.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 607% against the previous year. As a result, the exports attained the peak of 57 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tube or pipe flanges of stainless steels declined dramatically to $23K in 2022. In general, exports showed a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 475%. As a result, the exports attained the peak of $335K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Tube or Pipe Flanges of Stainless Steel in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.5 | 99.0 | 85.1 | 21.8 | 69.2% |
| India | 38.8 | 5.9 | 0.8 | N/A | -85.6% |
| Iran | 13.0 | N/A | N/A | N/A | 0% |
| Qatar | N/A | 226 | N/A | N/A | 0% |
| Pakistan | N/A | N/A | 6.9 | N/A | 0% |
| Others | 2.0 | 4.8 | 4.4 | 1.3 | -13.4% |
| Total | 58.3 | 335 | 97.1 | 23.1 | -26.6% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Oman in 2022:
- United Arab Emirates (6.5 tons)
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