Price for Tube or Pipe Flanges, Other than Stainless Steel in Oman - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Oman (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Oman (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Oman
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Oman
Price for Tube or Pipe Flanges, Other than Stainless Steel in Oman (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $3,132 per ton, approximately equating the previous year. Overall, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 18%. As a result, import price attained the peak level of $3,774 per ton. From 2017 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 Spain ($3,964 per ton), while the price for China ($1,855 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Oman (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $4,055 per ton in 2022, jumping by 23% against the previous year. Over the period under review, the export price showed slight growth. The growth pace was the most rapid in 2019 an increase of 57%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($4,055 per ton) and Saudi Arabia ($4,055 per ton), while the average price for exports to South Korea ($4,055 per ton) and Qatar ($4,055 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Oman
In 2022, approx. 7.4K tons of tube or pipe flanges, other than stainless steels were imported into Oman; rising by 29% compared with 2021. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe flanges, other than stainless steels soared to $23M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tube or Pipe Flanges, Other than Stainless Steel in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 9.0 | 7.5 | 7.8 | 8.1 | -3.5% |
India | 1.2 | 2.1 | 2.4 | 7.1 | 80.9% |
China | 2.2 | 2.5 | 2.1 | 4.2 | 24.1% |
South Korea | 2.2 | 2.4 | 1.4 | 0.8 | -28.6% |
Saudi Arabia | 0.5 | 0.5 | 0.4 | 0.7 | 11.9% |
Italy | 2.6 | 1.7 | 2.1 | 0.2 | -57.5% |
Others | 1.0 | 3.8 | 1.6 | 2.1 | 28.1% |
Total | 18.6 | 20.5 | 17.8 | 23.1 | 7.5% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Oman in 2022:
- China (2.3K tons)
- United Arab Emirates (2.2K tons)
- India (2.0K tons)
- Saudi Arabia (0.2K tons)
- South Korea (0.2K tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Oman
In 2022, the amount of tube or pipe flanges, other than stainless steels exported from Oman shrank dramatically to 246 tons, waning by -64.9% against the previous year. Overall, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 668% against the previous year. As a result, the exports reached the peak of 700 tons, and then contracted markedly in the following year.
In value terms, exports of tube or pipe flanges, other than stainless steels dropped sharply to $997K in 2022. In general, exports recorded a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 757% against the previous year. As a result, the exports attained the peak of $2.3M, and then contracted markedly in the following year.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 15.3 | 1.3 | 361 | 331 | 178.6% |
Qatar | 749 | 188 | 278 | 279 | -28.0% |
Yemen | N/A | 1.9 | 148 | 131 | 730.3% |
Turkey | N/A | N/A | N/A | 111 | 0% |
India | N/A | 2.3 | N/A | 52.1 | 375.9% |
United Arab Emirates | 77.9 | 60.8 | 1,473 | 47.9 | -15.0% |
South Korea | 16.3 | N/A | N/A | 39.5 | 34.3% |
Others | 217 | 13.8 | 41.1 | 3.8 | -74.0% |
Total | 1,075 | 269 | 2,301 | 997 | -2.5% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Oman in 2022:
- Saudi Arabia (81.7 tons)
- Qatar (68.8 tons)
- Yemen (32.4 tons)
- Turkey (27.5 tons)
- India (12.8 tons)
- United Arab Emirates (11.8 tons)
- South Korea (9.7 tons)
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Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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