Price for Copper Alloy Tube or Pipe Fitting in Oman - 2022
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Oman (CIF) - 2022
- Price for Copper Alloy Tube or Pipe Fitting in Oman (FOB) - 2022
- Imports of Copper Alloy Tube or Pipe Fitting in Oman
- Exports of Copper Alloy Tube or Pipe Fitting in Oman
Price for Copper Alloy Tube or Pipe Fitting in Oman (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $11,915 per ton, growing by 19% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $13,207 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($22,979 per ton), while the price for Thailand ($2,718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Alloy Tube or Pipe Fitting in Oman (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $23,217 per ton in 2022, rising by 59% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 99% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($586,333 per ton), while the average price for exports to Qatar ($6,509 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Oman
For the third consecutive year, Oman recorded decline in purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, which decreased by -19.6% to 196 tons in 2022. In general, imports showed a deep slump. The smallest decline of -9.5% was in 2020.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined modestly to $2.3M in 2022. Over the period under review, imports showed a deep setback.
| Import of Copper Alloy Tube or Pipe Fitting in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 733 | 1,507 | 1,495 | 1,023 | 11.8% |
| United Arab Emirates | 1,808 | 1,086 | 585 | 844 | -22.4% |
| Italy | 18.8 | 10.5 | 30.2 | 101 | 75.1% |
| United Kingdom | 349 | 132 | 122 | 92.3 | -35.8% |
| China | 119 | 130 | 24.2 | 26.1 | -39.7% |
| Thailand | 34.7 | 25.5 | 19.4 | 24.3 | -11.2% |
| Others | 284 | 285 | 171 | 228 | -7.1% |
| Total | 3,348 | 3,176 | 2,446 | 2,338 | -11.3% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Oman in 2022:
- India (127.1 tons)
- United Arab Emirates (36.7 tons)
- Thailand (8.9 tons)
- China (4.9 tons)
- Italy (4.4 tons)
- United Kingdom (4.0 tons)
Exports of Copper Alloy Tube or Pipe Fitting in Oman
In 2022, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from Oman surged to 957 kg, growing by 1,211% compared with the previous year's figure. Overall, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 2,926%. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys surged to $22K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,289%. As a result, the exports reached the peak of $272K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Copper Alloy Tube or Pipe Fitting in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 24.9 | 0.2 | 14.1 | 35.2% |
| United Arab Emirates | 0.6 | 67.6 | 0.3 | 4.4 | 94.3% |
| Yemen | N/A | 13.6 | N/A | 1.7 | -64.6% |
| Qatar | 3.0 | 7.7 | N/A | 1.5 | -20.6% |
| Malaysia | N/A | 149 | 0.2 | N/A | -99.9% |
| Others | 2.1 | 9.4 | 0.3 | 0.6 | -34.1% |
| Total | 11.4 | 272 | 1.1 | 22.2 | 24.9% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Oman in 2022:
- United Arab Emirates (672.0 kg)
- Qatar (226.0 kg)
- China (24.0 kg)
- Yemen (22.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Oman.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
