Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Oman - 2022

Contents:

  1. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Oman (CIF) - 2022
  2. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Oman (FOB) - 2022
  3. Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Oman
  4. Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Oman

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Oman (CIF) - 2022

In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $720,000 per ton, increasing by 257% against the previous year. Overall, the import price continues to indicate a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,696,000 per ton), while the price for Thailand ($581,429 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 (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Oman (FOB) - 2022

In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $268,831 per ton, almost unchanged from the previous year. In general, the export price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($274,183 per ton), while the average price for exports to Germany stood at $247,926 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.1%).

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Oman

In 2022, imports of articles of precious metal or of metal clad with precious metal into Oman contracted notably to 13 kg, declining by -90.6% on the previous year. Overall, imports saw a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 188%.

In value terms, imports of articles of precious metal or of metal clad with precious metal contracted notably to $9.4K in 2022. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 239%.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand26.50.61.44.1-46.3%
Germany1060.11.13.6-67.6%
United Arab Emirates12.30.50.71.7-48.3%
United Kingdom25.91.25.4N/A-54.3%
France82.50.86.1N/A-72.8%
India12.70.10.8N/A-74.9%
Italy1622.63.3N/A-85.7%
Australia16.00.51.0N/A-75.0%
Others1051.68.0N/A-72.4%
Total5488.227.89.4-74.2%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Oman in 2022:

  1. Thailand (7.0 kg)
  2. Germany (5.0 kg)
  3. United Arab Emirates (1.0 kg)

Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Oman

In 2022, overseas shipments of articles of precious metal or of metal clad with precious metal decreased by 0% to 154 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a abrupt shrinkage. The smallest decline of 99.9% was in 2020.

In value terms, exports of articles of precious metal or of metal clad with precious metal amounted to $41K in 2022. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.3N/AN/A34.549.6%
Germany3.1N/AN/A6.729.3%
Portugal8.2N/AN/AN/A0%
OthersN/AN/AN/A0.20%
Total21.7N/AN/A41.424.0%

Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Oman in 2022:

  1. United States (126.0 kg)
  2. Germany (27.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Articles of precious metal or of metal clad with precious metal - Oman