Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,859 per ton, growing by 9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 102% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,859 per ton) and the United States ($1,859 per ton), while the price for China ($1,859 per ton) and South Korea ($1,859 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,728 per ton in 2022, which is down by -8% against the previous year. Overall, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 521% against the previous year. The export price peaked at $1,878 per ton in 2021, and then declined in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,727 per ton), while the average price for exports to Qatar ($1,727 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+17.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman
In 2022, purchases abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -84.2% to 136 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a sharp setback. The pace of growth was the most pronounced in 2020 when imports increased by 349% against the previous year. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses dropped notably to $252K in 2022. Overall, imports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 163% against the previous year. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 66.3 | 83.4 | 76.5 | 78.8 | 5.9% |
| China | 200 | 1,616 | 916 | 68.1 | -30.2% |
| United Arab Emirates | 153 | 36.6 | 242 | 51.6 | -30.4% |
| South Korea | 43.4 | 14.4 | 184 | 39.8 | -2.8% |
| Germany | 14.9 | 8.2 | 2.3 | 7.3 | -21.2% |
| United States | N/A | N/A | N/A | 4.6 | 0% |
| Spain | 127 | 36.1 | N/A | N/A | -71.6% |
| Others | 83.6 | 15.1 | 39.7 | 2.2 | -70.3% |
| Total | 688 | 1,810 | 1,460 | 252 | -28.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Oman in 2022:
- India (42.4 tons)
- China (36.6 tons)
- United Arab Emirates (27.8 tons)
- South Korea (21.4 tons)
- Germany (3.9 tons)
- United States (2.5 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman
In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -58.5% to 18 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 663%. As a result, the exports attained the peak of 47 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses fell sharply to $31K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 318%. As a result, the exports attained the peak of $80K, and then declined sharply in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | 46.8 | 29.0 | -38.0% |
| Qatar | N/A | N/A | N/A | 1.6 | 0% |
| United Arab Emirates | 9.0 | 6.4 | 33.6 | 0.1 | -77.7% |
| Spain | N/A | 2.8 | N/A | N/A | 0% |
| Yemen | N/A | 10.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | 19.2 | 80.4 | 30.7 | 50.5% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Oman in 2022:
- Saudi Arabia (16.8 tons)
- Qatar (0.9 tons)
- United Arab Emirates (0.1 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Oman.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Oman.
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This report provides an in-depth analysis of the market for iron and steel wire in Oman.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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