Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Oman - 2022

Contents:

  1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Oman (CIF) - 2022
  2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Oman (FOB) - 2022
  3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Oman
  4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Oman

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Oman (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $3,335 per ton, with a decrease of -36.2% against the previous year. Overall, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. The import price peaked at $6,050 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($15,010 per ton), while the price for the United Arab Emirates ($1,943 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Oman (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $8,800 per ton in 2022, jumping by 57% against the previous year. In general, the export price enjoyed a strong increase. The growth pace was the most rapid in 2016 an increase of 71%. As a result, the export price reached the peak level of $14,031 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($38,365 per ton), while the average price for exports to Pakistan ($1,210 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 India (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Oman

In 2022, approx. 979 tons of tubing; flexible, with or without fittings, of base metals were imported into Oman; increasing by 66% against 2021. Overall, imports recorded 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 tubing; flexible, with or without fittings, of base metals totaled $3.3M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,8781,8321,4601,235-13.0%
China10992.687.466983.1%
Qatar2271943422270.0%
India10321.710313710.0%
Turkey9.149.928.0116133.6%
United Kingdom15313015886.4-17.3%
United States10594.110862.6-15.8%
Saudi Arabia16.942.771.347.240.8%
Others47651272568512.9%
Total3,0772,9693,0833,2652.0%

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Oman in 2022:

  1. United Arab Emirates (635.6 tons)
  2. China (182.2 tons)
  3. United Kingdom (37.6 tons)
  4. India (35.7 tons)
  5. Saudi Arabia (24.2 tons)
  6. Turkey (15.1 tons)
  7. Qatar (14.2 tons)
  8. United States (5.9 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Oman

In 2022, shipments abroad of tubing; flexible, with or without fittings, of base metals was finally on the rise to reach 108 tons after two years of decline. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubing; flexible, with or without fittings, of base metals soared to $946K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tubing; Flexible, with or Without Fittings, of Base Metal in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates75.128.017.8789119.0%
Saudi Arabia11357.152.983.1-9.7%
Belgium15.943.631.832.326.6%
Tanzania7.75.26.513.821.5%
Pakistan20.88.66.56.1-33.6%
Qatar43.932.970.05.1-51.2%
Yemen7.83.83.30.5-60.0%
Others9.551.59.816.520.2%
Total29423119994647.6%

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Oman in 2022:

  1. United Arab Emirates (70.0 tons)
  2. Belgium (22.2 tons)
  3. Tanzania (6.6 tons)
  4. Pakistan (5.1 tons)
  5. Saudi Arabia (2.2 tons)
  6. Qatar (0.4 tons)
  7. Yemen (0.2 tons)

Source: IndexBox Market Intelligence Platform

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