Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman - 2022

Contents:

1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (CIF) - 2022
2. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (FOB) - 2022
3. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman
4. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (CIF) - 2022

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $42,680 per ton in 2022, surging by 29% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +127.9% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 58%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Italy ($120,320 per ton), while the price for India ($10,269 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+45.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman (FOB) - 2022

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $37,394 per ton in 2022, rising by 49% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 50%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($434,776 per ton), while the average price for exports to the United Arab Emirates ($8,899 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 (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman

In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Oman contracted markedly to 137 tons, with a decrease of -38.9% compared with 2021 figures. Overall, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 40%.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s shrank significantly to $5.9M in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year.

Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Oman in 2022:

1. United Arab Emirates (41.2 tons)
2. Spain (21.8 tons)
3. Japan (15.0 tons)
4. France (14.4 tons)
5. Romania (13.2 tons)
6. Italy (6.3 tons)
7. India (4.7 tons)
8. Germany (4.2 tons)
9. Qatar (3.9 tons)
10. United Kingdom (2.5 tons)
11. China (1.1 tons)

Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Oman

Exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Oman dropped sharply to 3.3 tons in 2022, shrinking by -47.8% compared with 2021 figures. Overall, exports continue to indicate a significant decline. The smallest decline of -43.2% was in 2021.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s fell remarkably to $123K in 2022. In general, exports faced a sharp decline.

Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Oman in 2022:

1. Qatar (1658.0 kg)
2. United Arab Emirates (1519.0 kg)
3. Iran (58.0 kg)

Source: IndexBox Market Intelligence Platform