Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman (CIF) - 2022
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman (FOB) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman
- Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $2,707 per ton, with an increase of 7.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 18%. The import price peaked at $2,957 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United Arab Emirates ($4,472 per ton), while the price for the UK ($1,016 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman (FOB) - 2022
In 2022, the average export price for steel, alloy amounted to $3,515 per ton, increasing by 80% against the previous year. In general, the export price continues to indicate a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($3,528 per ton), while the average price for exports to the United Arab Emirates totaled $1,154 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 (+8.8%).
Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman
For the third consecutive year, Oman recorded decline in overseas purchases of steel, alloy, which decreased by -63.8% to 28 tons in 2022. Over the period under review, imports showed a dramatic slump. The smallest decline of -23.1% was in 2020.
In value terms, imports of steel, alloy shrank dramatically to $77K in 2022. In general, imports saw a precipitous slump. The smallest decline of -16.5% was in 2020.
| Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 150 | 140 | 110 | 48.9 | -31.2% |
| India | 44.3 | 40.4 | 30.9 | 13.5 | -32.7% |
| United Kingdom | 42.4 | 29.6 | 17.3 | 5.8 | -48.5% |
| Russia | 25.5 | 18.8 | 11.6 | 4.1 | -45.6% |
| China | 1.3 | 2.0 | 2.4 | 3.0 | 32.1% |
| United Arab Emirates | 69.4 | 48.2 | 23.4 | 1.1 | -74.9% |
| Others | 4.4 | 2.9 | 1.6 | 0.5 | -51.6% |
| Total | 338 | 282 | 197 | 76.7 | -39.0% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Oman in 2022:
- Singapore (12.8 tons)
- India (7.0 tons)
- United Kingdom (5.7 tons)
- Russia (1.5 tons)
- China (0.9 tons)
- United Arab Emirates (0.2 tons)
Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman
For the fourth consecutive year, Oman recorded growth in overseas shipments of steel, alloy, which increased by 14% to 19 tons in 2022. The total export volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, alloy surged to $68K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 15.9 | 23.0 | 33.0 | 68.1 | 62.4% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 16.1 | 23.1 | 33.2 | 68.3 | 61.9% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from Oman in 2022:
- India (19.3 tons)
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