Price for Zinc; Plates, Sheets, Strip and Foil in Oman - 2022

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Oman (CIF) - 2022
2. Price for Zinc; Plates, Sheets, Strip and Foil in Oman (FOB) - 2022
3. Imports of Zinc; Plates, Sheets, Strip and Foil in Oman
4. Exports of Zinc; Plates, Sheets, Strip and Foil in Oman

Price for Zinc; Plates, Sheets, Strip and Foil in Oman (CIF) - 2022

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $2,680 per ton, which is down by -12.8% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 199% against the previous year. The import price peaked at $4,735 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,406 per ton), while the price for the United States ($2,050 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Plates, Sheets, Strip and Foil in Oman (FOB) - 2022

The average export price for zinc; plates, sheets, strip and foils stood at $1,866 per ton in 2022, picking up by 133% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $1,887 per ton in 2018; afterwards, it flattened through to 2022.

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 -0.6% per year.

Imports of Zinc; Plates, Sheets, Strip and Foil in Oman

In 2022, supplies from abroad of zinc; plates, sheets, strip and foils decreased by -35.6% to 2.5 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 126%. As a result, imports attained the peak of 7.8 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of zinc; plates, sheets, strip and foils shrank significantly to $6.8K in 2022. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 194%. As a result, imports attained the peak of $17K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Oman in 2022:

1. Belgium (1600.0 kg)
2. Saudi Arabia (615.0 kg)
3. United Arab Emirates (138.0 kg)
4. United States (119.0 kg)

Exports of Zinc; Plates, Sheets, Strip and Foil in Oman

In 2022, exports of zinc; plates, sheets, strip and foils from Oman soared to 344 kg, rising by 244% against the year before. Overall, exports, however, faced a abrupt curtailment.

In value terms, exports of zinc; plates, sheets, strip and foils soared to $390 in 2022. Over the period under review, exports, however, saw a dramatic contraction.

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Oman in 2022:

1. United Arab Emirates (344.0 kg)

Source: IndexBox Market Intelligence Platform