Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman - 2022

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman (FOB) - 2022
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman (CIF) - 2022
  3. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman
  4. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman (FOB) - 2022

In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $1,386 per ton, rising by 31% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 81%. As a result, the export price attained the peak level of $11,881 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($1,815 per ton), while the average price for exports to the United Arab Emirates amounted to $101 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-4.5%).

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman (CIF) - 2022

In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $7,326 per ton, surging by 14% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2014 an increase of 44%. As a result, import price reached the peak level of $29,663 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($41,000 per ton), while the price for India ($6,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+137.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman

For the third year in a row, Oman recorded decline in overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses, which decreased by -14.8% to 2.6 tons in 2022. Over the period under review, exports showed a dramatic contraction.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses expanded significantly to $3.6K in 2022. Overall, exports recorded a dramatic decline.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar14.58.81.03.6-37.1%
United Arab EmiratesN/AN/AN/A0.10%
YemenN/AN/A2.3N/A0%
OthersN/AN/AN/AN/A0%
Total14.58.83.33.6-37.1%

Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Oman in 2022:

  1. Qatar (2.0 tons)
  2. United Arab Emirates (0.7 tons)

Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman

In 2022, purchases abroad of magnesium; raspings, turnings and granules, graded according to size, powderses decreased by -10.5% to 350 kg, falling for the second consecutive year after two years of growth. Overall, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -35.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. As a result, imports attained the peak of 545 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses totaled $2.6K in 2022. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 46% against the previous year. As a result, imports attained the peak of $5.4K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.23.01.92.0-3.1%
Saudi ArabiaN/A0.4N/A0.40.0%
United Arab Emirates1.40.40.60.1-58.5%
Others0.21.60.1N/A-29.3%
Total3.75.42.52.6-11.1%

Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Oman in 2022:

  1. India (333.0 kg)
  2. Saudi Arabia (12.0 kg)
  3. United Arab Emirates (4.0 kg)

Source: IndexBox Market Intelligence Platform

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