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

Contents:

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

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

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,079 per ton in 2022, falling by -21.5% against the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 74% against the previous year. Over the period under review, average import prices hit record highs at $2,961 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 India ($4,952 per ton), while the price for the UK ($1,135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,867 per ton, dropping by -5.9% against the previous year. Over the period under review, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2019 an increase of 99% against the previous year. As a result, the export price reached the peak level of $8,353 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($2,878 per ton), while the average price for exports to the United Arab Emirates stood at $970 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-4.2%).

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Oman

In 2022, approx. 52 tons of alloy steel flat-rolled products, of a width of less than 600mms were imported into Oman; with a decrease of -37.9% on 2021. Over the period under review, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 28%.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms shrank remarkably to $108K in 2022. In general, imports showed a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 122%.

Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore13658.415388.7-13.3%
Russia23.07.816.17.4-31.5%
United Arab Emirates65.621.234.93.6-62.0%
China0.60.31.82.765.1%
India16.64.57.51.9-51.4%
United Kingdom13.72.24.11.7-50.1%
Others8.25.55.52.4-33.6%
Total263100222108-25.7%

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

  1. Singapore (40.3 tons)
  2. Russia (4.7 tons)
  3. United Arab Emirates (1.8 tons)
  4. China (1.7 tons)
  5. United Kingdom (1.5 tons)
  6. India (0.4 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Oman

For the fourth consecutive year, Oman recorded growth in overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms, which increased by 89% to 30 tons in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 962%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms skyrocketed to $87K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 345%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.87.748.686.2375.9%
Others4.83.30.30.7-47.4%
Total5.611.049.086.9149.4%

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

  1. India (30.0 tons)

Source: IndexBox Market Intelligence Platform

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