Price for Refined Copper Tube and Pipe in Oman - 2021
Contents:
- Price for Refined Copper Tube and Pipe in Oman (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Oman (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Oman
- Exports of Refined Copper Tube and Pipe in Oman
Price for Refined Copper Tube and Pipe in Oman (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $7,583 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 24%. The import price peaked at $9,586 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($11,947 per ton), while the price for the United Arab Emirates ($4,877 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Oman (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $3,696 per ton in 2022, rising by 5.1% against the previous year. Over the period under review, the export price, however, recorded a slight downturn. The growth pace was the most rapid in 2019 an increase of 65%. The export price peaked at $6,925 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,567 per ton), while the average price for exports to Qatar amounted to $2,961 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.3%).
Imports of Refined Copper Tube and Pipe in Oman
In 2022, after two years of decline, there was significant growth in overseas purchases of tubes and pipes of refined copper, when their volume increased by 16% to 727 tons. Over the period under review, imports, however, showed a abrupt shrinkage.
In value terms, refined copper tube and pipe imports expanded notably to $5.5M in 2022. In general, imports, however, faced a abrupt contraction.
| Import of Refined Copper Tube and Pipe in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2,984 | 2,077 | 1,548 | 2,134 | -10.6% |
| United Arab Emirates | 1,438 | 1,737 | 1,734 | 1,411 | -0.6% |
| United Kingdom | 1,702 | 718 | 362 | 760 | -23.6% |
| United States | 303 | 612 | 435 | 382 | 8.0% |
| Australia | 140 | 135 | 129 | 237 | 19.2% |
| Iran | 76.3 | 4.2 | 283 | 231 | 44.7% |
| South Korea | 647 | 550 | 141 | 166 | -36.5% |
| Others | 332 | 370 | 185 | 188 | -17.3% |
| Total | 7,621 | 6,201 | 4,818 | 5,509 | -10.3% |
Top Suppliers of Refined Copper Tube and Pipe to Oman in 2022:
- United Arab Emirates (289.4 tons)
- South Africa (215.3 tons)
- United Kingdom (99.0 tons)
- United States (39.1 tons)
- Iran (23.6 tons)
- Australia (22.7 tons)
- South Korea (13.9 tons)
Exports of Refined Copper Tube and Pipe in Oman
In 2022, refined copper tube and pipe exports from Oman shrank remarkably to 40 tons, falling by -38.2% on 2021. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 336% against the previous year. As a result, the exports reached the peak of 65 tons, and then reduced markedly in the following year.
In value terms, refined copper tube and pipe exports plummeted to $148K in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 234% against the previous year. As a result, the exports attained the peak of $228K, and then reduced sharply in the following year.
| Export of Refined Copper Tube and Pipe in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 93.5 | 45.1 | 129 | 84.3 | -3.4% |
| Qatar | 55.6 | 23.1 | 97.6 | 63.8 | 4.7% |
| Others | 0.1 | 0.1 | 1.5 | N/A | 287.3% |
| Total | 149 | 68.2 | 228 | 148 | -0.2% |
Top Export Markets for Refined Copper Tube and Pipe from Oman in 2022:
- Qatar (21.6 tons)
- United Arab Emirates (18.4 tons)
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