Price for Chain and Parts Thereof, of Iron or Steel in Oman - 2022
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Oman (CIF) - 2022
- Price for Chain and Parts Thereof, of Iron or Steel in Oman (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in Oman
- Exports of Chain and Parts Thereof, of Iron or Steel in Oman
Price for Chain and Parts Thereof, of Iron or Steel in Oman (CIF) - 2022
The average import price for chain and parts thereof, of iron or steel stood at $7,601 per ton in December 2022, declining by -9.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 72% against the previous month. Over the period under review, average import prices attained the peak figure at $10,138 per ton in February 2022; however, from March 2022 to December 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($13,387 per ton), while the price for the Netherlands ($3,871 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 Singapore (+36.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Oman (FOB) - 2022
In 2022, the average export price for chain and parts thereof, of iron or steel amounted to $5,203 per ton, growing by 6.8% against the previous year. Over the period under review, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 118% against the previous year. The export price peaked at $20,451 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($14,994 per ton), while the average price for exports to India ($1,857 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 Free Zones (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in Oman
In 2022, approx. 1.2K tons of chain and parts thereof, of iron or steel were imported into Oman; growing by 2.9% on 2021. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 39%. As a result, imports reached the peak of 2.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of chain and parts thereof, of iron or steel rose remarkably to $4.5M in 2022. Overall, imports, however, faced a abrupt curtailment.
| Import of Chain and Parts Thereof, of Iron or Steel in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5,989 | 4,629 | 2,851 | 2,425 | -26.0% |
| Singapore | 52.5 | 0.9 | N/A | 610 | 126.5% |
| China | 172 | 198 | 288 | 374 | 29.6% |
| India | 121 | 55.5 | 78.1 | 138 | 4.5% |
| Greece | N/A | 182 | 24.1 | 42.0 | -52.0% |
| Spain | N/A | 2,786 | N/A | 35.9 | -88.6% |
| Saudi Arabia | 111 | 50.2 | 113 | 31.1 | -34.6% |
| Others | 1,740 | 544 | 646 | 852 | -21.2% |
| Total | 8,186 | 8,446 | 4,001 | 4,508 | -18.0% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Oman in 2022:
- United Arab Emirates (572.1 tons)
- Singapore (276.4 tons)
- China (162.7 tons)
- Greece (50.3 tons)
- India (24.8 tons)
- Saudi Arabia (23.4 tons)
- Spain (8.8 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Oman
In 2022, the amount of chain and parts thereof, of iron or steel exported from Oman dropped significantly to 94 tons, falling by -47.6% on 2021 figures. In general, exports recorded a dramatic decrease. The smallest decline of -10.5% was in 2020.
In value terms, exports of chain and parts thereof, of iron or steel fell rapidly to $482K in 2022. Over the period under review, exports saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 97% against the previous year. As a result, the exports attained the peak of $892K, and then declined sharply in the following year.
| Export of Chain and Parts Thereof, of Iron or Steel in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 18.2 | 2.6 | 0.3 | 356 | 169.4% |
| United Arab Emirates | 288 | 159 | 221 | 41.8 | -47.4% |
| Saudi Arabia | 7.1 | 7.0 | 300 | 17.6 | 35.3% |
| Free Zones | 63.6 | 3.8 | 6.3 | 11.8 | -43.0% |
| China | 111 | 44.0 | 0.7 | 0.2 | -87.8% |
| Qatar | 23.5 | 115 | 11.8 | N/A | -29.1% |
| India | 27.5 | N/A | 105 | N/A | 95.4% |
| Others | 14.3 | 120 | 247 | 53.9 | 55.6% |
| Total | 553 | 452 | 892 | 482 | -4.5% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Oman in 2022:
- Singapore (82.8 tons)
- United Arab Emirates (2.8 tons)
- Free Zones (1.9 tons)
- Saudi Arabia (1.7 tons)
214
This report provides an in-depth analysis of the metal link chain market in Oman.
197
This report provides an in-depth analysis of the metal chain market in Oman.
230
This report provides an in-depth analysis of the market for metal link chain parts in Oman.
239
This report provides an in-depth analysis of the metal skid chain market in Oman.
238
This report provides an in-depth analysis of the metal stud-link chain market in Oman.
212
This report provides an in-depth analysis of the metal chain parts market in Oman.
213
This report provides an in-depth analysis of the market for metal welded link chain in Oman.
390
This report provides an in-depth analysis of the transmission shaft market in Oman.
415
This report provides an in-depth analysis of the global metal link chain market.
623
This report provides an in-depth analysis of the global metal chain market.
1340
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
880
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1189
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
860
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
1340
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
880
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1189
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
860
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
