Price for Nickel; Tubes and Pipes, of Nickel Alloys in Oman - 2022

Contents:

1. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Oman (CIF) - 2022
2. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Oman (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Oman
4. Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Oman

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Oman (CIF) - 2022

In 2022, the average import price for nickel; tubes and pipes, of nickel alloyses amounted to $38,114 per ton, with an increase of 19% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41% against the previous year. The import price peaked at $39,784 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($83,224 per ton), while the price for Canada ($7,616 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Oman (FOB) - 2022

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $70,744 per ton in 2022, rising by 142% against the previous year. Overall, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 192%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($71,477 per ton), while the average price for exports to the United Arab Emirates ($48,143 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 Italy (+103.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Oman

In 2022, the amount of nickel; tubes and pipes, of nickel alloyses imported into Oman shrank significantly to 58 tons, dropping by -65.5% compared with the previous year's figure. In general, imports showed a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses shrank dramatically to $2.2M in 2022. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of $5.3M, and then fell rapidly in the following year.

Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Oman in 2022:

1. United Arab Emirates (20.9 tons)
2. Spain (11.5 tons)
3. France (7.7 tons)
4. Japan (5.3 tons)
5. Italy (2.8 tons)
6. Germany (2.2 tons)
7. Canada (1.6 tons)
8. United Kingdom (1.0 tons)

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Oman

Exports of nickel; tubes and pipes, of nickel alloyses from Oman reduced rapidly to 223 kg in 2022, waning by -83.4% compared with the year before. Over the period under review, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 3.9% against the previous year.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses contracted dramatically to $16K in 2022. In general, exports continue to indicate a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 30%. As a result, the exports attained the peak of $63K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from Oman in 2022:

1. Saudi Arabia (128.0 kg)
2. Italy (88.0 kg)
3. United Arab Emirates (7.0 kg)

Source: IndexBox Market Intelligence Platform