Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman - 2022

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman (CIF) - 2022
  2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman (FOB) - 2022
  3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman
  4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman (CIF) - 2022

In December 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,763 per ton, rising by 49% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $1,767 per ton in April 2022; afterwards, it flattened through to December 2022.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Sweden ($1,767 per ton), while the price for the United Arab Emirates ($1,763 per ton) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by India (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,089 per ton in 2022, growing by 181% against the previous year. Over the period under review, the export price, however, continues to indicate a slight shrinkage. The export price peaked at $1,668 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($5,406 per ton), while the average price for exports to Yemen ($374 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 Somalia (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman

Imports of alloy steel flat-rolled products, of a width 600mm or mores into Oman contracted to 57K tons in 2022, waning by -11.6% compared with 2021 figures. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 630%. As a result, imports attained the peak of 64K tons, and then reduced in the following year.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores dropped to $43M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 562% against the previous year. As a result, imports attained the peak of $43M, leveling off in the following year.

Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.62.213.220.077.1%
Belgium3.92.717.516.963.0%
China4.51.33.72.8-14.6%
France0.1N/A0.30.226.0%
MalaysiaN/AN/A6.6N/A0%
Others0.60.31.72.867.1%
Total12.86.542.942.749.4%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Oman in 2022:

  1. Belgium (28.5K tons)
  2. United Arab Emirates (21.2K tons)
  3. China (3.4K tons)
  4. France (1.2K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman

In 2022, after three years of growth, there was significant decline in shipments abroad of alloy steel flat-rolled products, of a width 600mm or mores, when their volume decreased by -99.7% to 4.6 tons. In general, exports faced a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 129% against the previous year.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores dropped remarkably to $5K in 2022. Over the period under review, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 9.6% against the previous year.

Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India25.194.82351.6-60.1%
Yemen39.91402291.3-68.1%
PakistanN/AN/AN/A1.10%
Bahrain11.332.141.20.3-70.2%
Somalia7.7N/AN/A0.3-66.1%
Iran328201N/AN/A-38.7%
Others16.00.74.60.3-73.4%
Total4284695105.0-77.3%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Oman in 2022:

  1. Yemen (3375.0 kg)
  2. Pakistan (332.0 kg)
  3. India (303.0 kg)
  4. Bahrain (299.0 kg)
  5. Somalia (161.0 kg)

Source: IndexBox Market Intelligence Platform

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