Metals; Platinum, Semi-Manufactured Price in Oman - 2022

Metals; Platinum, Semi-Manufactured Price in Oman (CIF) - 2022

In 2022, the average metals; platinum, semi-manufactured import price amounted to $2,291,000 per ton, falling by -12.9% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2014 an increase of 1,815%. The import price peaked at $4,202,250 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +1,452.4% per year.

Metals; Platinum, Semi-Manufactured Imports in Oman

In 2022, imports of metals; platinum, semi-manufactureds into Oman contracted sharply to 1 kg, with a decrease of -75% compared with the previous year. Over the period under review, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of 4 kg, and then declined dramatically in the following year.

In value terms, metals; platinum, semi-manufactured imports dropped rapidly to $2.3K in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 110% against the previous year.

Import of Metals; Platinum, Semi-Manufactured in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	0.2	0.5	0.5	2.3	125.7%
Germany	0.2	0.3	0.3	N/A	22.5%
India	2.5	6.1	7.5	N/A	73.2%
Netherlands	0.4	N/A	N/A	N/A	0%
United States	N/A	N/A	2.2	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	3.3	6.9	10.5	2.3	-11.3%