Price for Aluminium Waste and Scrap in Oman - 2021

Contents:

1. Price for Aluminium Waste and Scrap in Oman (CIF) - 2022
2. Price for Aluminium Waste and Scrap in Oman (FOB) - 2022
3. Imports of Aluminium Waste and Scrap in Oman
4. Exports of Aluminium Waste and Scrap in Oman

Price for Aluminium Waste and Scrap in Oman (CIF) - 2022

The average aluminium waste and scrap import price stood at $1,186 per ton in 2022, flattening at the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $1,232 per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,294 per ton), while the price for Pakistan ($473 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+4.8%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium Waste and Scrap in Oman (FOB) - 2022

The average aluminium waste and scrap export price stood at $676 per ton in 2022, dropping by -12.1% against the previous year. Overall, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2018 an increase of 43%. Over the period under review, the average export prices hit record highs at $1,020 per ton in 2015; however, from 2016 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 Turkey ($2,011 per ton), while the average price for exports to Pakistan ($229 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 India (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium Waste and Scrap in Oman

In 2022, purchases abroad of aluminium waste and scraps decreased by -5.7% to 4K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 418%.

In value terms, aluminium waste and scrap imports shrank to $4.7M in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 509% against the previous year.

Top Suppliers of Aluminium Waste and Scrap to Oman in 2022:

1. United Arab Emirates (3052.6 tons)
2. United Kingdom (466.7 tons)
3. Kuwait (174.5 tons)
4. Pakistan (101.1 tons)
5. Saudi Arabia (87.7 tons)

Exports of Aluminium Waste and Scrap in Oman

In 2022, approx. 7.4K tons of aluminium waste and scraps were exported from Oman; surging by 5.9% compared with 2021 figures. In general, exports, however, showed a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.

In value terms, aluminium waste and scrap exports declined to $5M in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.

Top Export Markets for Aluminium Waste and Scrap from Oman in 2022:

1. Pakistan (undefinedK tons)
2. United Arab Emirates (4.1K tons)
3. India (1.5K tons)
4. Turkey (1.4K tons)
5. Saudi Arabia (0.3K tons)
6. South Korea (0.2K tons)

Source: IndexBox Market Intelligence Platform