Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman - 2022

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $570 per ton in 2022, with an increase of 6% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -25.0% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 102%. As a result, import price reached the peak level of $890 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($1,067 per ton), while the price for Bahrain ($326 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (-2.0%), while the prices for the other major suppliers experienced a decline.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $364 per ton in 2022, approximately mirroring the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 56%. The export price peaked at $810 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Qatar ($1,703 per ton), while the average price for exports to Indonesia ($360 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 Qatar (+28.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels imported into Oman skyrocketed to 77K tons, picking up by 64% compared with the previous year. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 936%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels soared to $44M in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 801%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Oman in 2022:

1. India (54.5K tons)
2. Pakistan (18.1K tons)
3. United Arab Emirates (2.1K tons)
4. Bahrain (0.6K tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Oman

In 2022, after three years of growth, there was significant decline in shipments abroad of granules and powders, of pig iron, spiegeleisen, iron or steels, when their volume decreased by -82% to 306 tons. Over the period under review, exports saw a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 147% against the previous year. As a result, the exports attained the peak of 1.7K tons, and then reduced dramatically in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels reduced dramatically to $112K in 2022. Overall, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 189% against the previous year. As a result, the exports attained the peak of $621K, and then contracted remarkably in the following year.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Oman in 2022:

1. Indonesia (287.5 tons)
2. United Arab Emirates (17.3 tons)
3. India (0.9 tons)