Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman (FOB) - 2022
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman (CIF) - 2022
- Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman (FOB) - 2022
In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,899 per ton, surging by 54% against the previous year. Overall, the export price enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 147% against the previous year. As a result, the export price attained the peak level of $7,596 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,899 per ton), while the average price for exports to India ($1,899 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+98.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman (CIF) - 2022
In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,071 per ton, rising by 76% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced curtailment. The import price peaked at $1,663 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.8% per year.
Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman
In 2022, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses from Oman skyrocketed to 4.9K tons, rising by 64% compared with 2021. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 6,858%. As a result, the exports reached the peak of 7.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses soared to $9.3M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 4,820%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 5.1 | 3.1 | 8.1 | 26.0% |
| India | N/A | N/A | 0.2 | 0.9 | 350.0% |
| Pakistan | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 0.1 | 5.2 | 3.7 | 9.3 | 353.1% |
Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Oman in 2022:
- United Arab Emirates (4.3K tons)
- India (0.5K tons)
- Pakistan (0.1K tons)
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman
In 2022, after three years of growth, there was significant decline in supplies from abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, when their volume decreased by -18.9% to 619 tons. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,796% against the previous year.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $663K in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 952%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.2 | 53.5 | 450 | 662 | 403.1% |
| South Africa | N/A | 4.7 | N/A | N/A | 0% |
| Others | 0.6 | 3.3 | 14.1 | 0.9 | 14.5% |
| Total | 5.8 | 61.5 | 464 | 663 | 385.3% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Oman in 2022:
- India (618.0 tons)
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