Price for Copper Tube or Pipe Fitting in Oman - 2021

Contents:

1. Price for Copper Tube or Pipe Fitting in Oman (CIF) - 2022
2. Price for Copper Tube or Pipe Fitting in Oman (FOB) - 2022
3. Imports of Copper Tube or Pipe Fitting in Oman
4. Exports of Copper Tube or Pipe Fitting in Oman

Price for Copper Tube or Pipe Fitting in Oman (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $10,537 per ton, surging by 5.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 49% against the previous year. As a result, import price reached the peak level of $15,345 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($50,857 per ton), while the price for Belgium ($425 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 (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Tube or Pipe Fitting in Oman (FOB) - 2022

The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $6,954 per ton in 2022, jumping by 18% against the previous year. Over the period under review, the export price, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2017 an increase of 115% against the previous year. Over the period under review, the average export prices attained the maximum at $11,926 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($12,149 per ton), while the average price for exports to Qatar stood at $4,333 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.0%).

Imports of Copper Tube or Pipe Fitting in Oman

In 2022, after two years of decline, there was significant growth in supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper, when their volume increased by 38% to 37 tons. Overall, imports, however, showed a deep setback.

In value terms, copper tube or pipe fitting imports soared to $392K in 2022. In general, imports, however, showed a deep setback.

Top Suppliers of Copper Tube or Pipe Fitting to Oman in 2022:

1. United Arab Emirates (28.2 tons)
2. Australia (4.6 tons)
3. Belgium (1.0 tons)
4. United States (0.6 tons)
5. Italy (0.6 tons)
6. China (0.6 tons)
7. India (0.4 tons)
8. United Kingdom (0.2 tons)

Exports of Copper Tube or Pipe Fitting in Oman

In 2022, overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of refined copper increased by 6.8% to 7.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep reduction.

In value terms, copper tube or pipe fitting exports skyrocketed to $51K in 2022. In general, exports, however, saw a deep setback.

Top Export Markets for Copper Tube or Pipe Fitting from Oman in 2022:

1. Qatar (4.9 tons)
2. United Arab Emirates (2.5 tons)

Source: IndexBox Market Intelligence Platform