Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (CIF) - 2022
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $21,800 per ton in December 2022, waning by -2.2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 3.8% m-o-m. As a result, import price attained the peak level of $22,359 per ton. From November 2022 to December 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Belgium ($22,378 per ton) and the UK ($22,378 per ton), while the price for Saudi Arabia ($21,367 per ton) and the United Arab Emirates ($22,156 per ton) were amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $22,917 per ton, with an increase of 113% against the previous year. In general, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 1,033% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($485,432 per ton), while the average price for exports to the United Arab Emirates ($7,000 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 Malaysia (+83.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman
In 2022, purchases abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -55.1% to 257 tons, falling for the second year in a row after two years of growth. Overall, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 57%. As a result, imports attained the peak of 624 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s plummeted to $2.6M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | 532 | 864 | 62.4% |
| United Arab Emirates | 2,127 | 1,783 | 1,230 | 644 | -32.9% |
| India | 784 | 2,892 | 2,166 | 622 | -7.4% |
| United States | 194 | 41.5 | 11.6 | 186 | -1.4% |
| Italy | 313 | 11.1 | 42.8 | 61.0 | -42.0% |
| United Kingdom | 520 | 169 | 173 | 55.9 | -52.5% |
| China | 127 | 140 | 61.0 | 19.1 | -46.8% |
| Thailand | 36.6 | 26.8 | 27.5 | 14.7 | -26.2% |
| Others | 274 | 305 | 277 | 153 | -17.7% |
| Total | 4,377 | 5,370 | 4,520 | 2,620 | -15.7% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Oman in 2022:
- India (96.5 tons)
- United Arab Emirates (75.1 tons)
- Saudi Arabia (49.7 tons)
- United States (10.7 tons)
- Thailand (6.8 tons)
- China (4.2 tons)
- Italy (3.4 tons)
- United Kingdom (3.1 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman
In 2022, overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -62.9% to 2.5 tons, falling for the second year in a row after two years of growth. In general, exports saw a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 29%. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined markedly to $58K in 2022. Over the period under review, exports saw a deep downturn. The smallest decline of -11.1% was in 2021.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 6.1 | 12.3 | 21.4 | 25.6% |
| Yemen | N/A | 3.3 | 5.7 | 14.1 | 106.7% |
| Qatar | 18.5 | 11.1 | 6.6 | 10.9 | -16.2% |
| United Arab Emirates | 53.0 | 22.3 | 19.1 | 9.6 | -43.4% |
| Malaysia | N/A | 36.5 | 11.0 | N/A | -69.9% |
| Greece | N/A | N/A | 17.2 | N/A | 0% |
| Others | 10.5 | 3.0 | 1.4 | 1.8 | -44.4% |
| Total | 92.7 | 82.4 | 73.2 | 57.8 | -14.6% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Oman in 2022:
- United Arab Emirates (1375.0 kg)
- Qatar (809.0 kg)
- Yemen (259.0 kg)
- China (44.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Oman.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
