Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman - 2022

Contents:

  1. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman (CIF) - 2022
  2. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman (FOB) - 2022
  3. Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman
  4. Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman (CIF) - 2022

In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $10,944 per ton, jumping by 29% against the previous year. Overall, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 71%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($17,286 per ton), while the price for Sweden ($662 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 (+88.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman (FOB) - 2022

In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $8,817 per ton, increasing by 176% against the previous year. Overall, the export price continues to indicate a remarkable increase. 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 Iran ($12,983 per ton), while the average price for exports to India ($374 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 Yemen (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman

In 2022, overseas purchases of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia were finally on the rise to reach 1.4K tons after two years of decline. Overall, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia skyrocketed to $15M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,3392,5281,01611,074102.2%
Spain2,6857981481,103-25.7%
Turkey59867668793916.2%
Netherlands3.18.3263654495.3%
China68.419.018434972.2%
Australia60.670.974.610118.6%
Free Zones85.846.745.557.3-12.6%
Sweden17.616.914.516.1-2.9%
Saudi Arabia452258N/AN/A-42.9%
Others1,032524431702-12.1%
Total6,3424,9472,86414,99533.2%

Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Oman in 2022:

  1. United Arab Emirates (936.1 tons)
  2. Australia (102.9 tons)
  3. Spain (93.2 tons)
  4. Turkey (79.4 tons)
  5. Netherlands (37.8 tons)
  6. China (29.5 tons)
  7. Sweden (24.4 tons)
  8. Free Zones (20.2 tons)

Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman

In 2022, shipments abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia was finally on the rise to reach 137 tons after two years of decline. Over the period under review, exports, however, recorded a significant decline.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia skyrocketed to $1.2M in 2022. Overall, exports, however, recorded a abrupt setback.

Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran29014088.21,03052.6%
Qatar18.513.70.1148100.0%
India19223.35.914.9-57.3%
United Arab Emirates21.818.51.09.2-25.0%
Spain664N/AN/AN/A0%
South Korea218N/AN/AN/A0%
Japan178N/AN/AN/A0%
Italy33.9N/AN/AN/A0%
Others31.15.61.010.2-31.0%
Total1,64720296.11,212-9.7%

Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Oman in 2022:

  1. Iran (79.4 tons)
  2. India (39.9 tons)
  3. Qatar (11.4 tons)
  4. United Arab Emirates (5.2 tons)

Source: IndexBox Market Intelligence Platform

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