Stainless Steel Wire Price in Oman - 2021
Contents:
- Stainless Steel Wire Price in Oman (CIF) - 2022
- Stainless Steel Wire Price in Oman (FOB) - 2022
- Stainless Steel Wire Imports in Oman
- Stainless Steel Wire Exports in Oman
Stainless Steel Wire Price in Oman (CIF) - 2022
The average stainless steel wire import price stood at $2,910 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price saw a prominent increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 57% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5,766 per ton), while the price for Saudi Arabia ($1,560 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 (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Wire Price in Oman (FOB) - 2022
In 2022, the average stainless steel wire export price amounted to $1,308 per ton, remaining relatively unchanged against the previous year. Overall, the export price posted pronounced growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 55%. The export price peaked at $4,821 per ton in 2015; however, from 2016 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 Qatar ($6,945 per ton), while the average price for exports to Saudi Arabia totaled $1,121 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Stainless Steel Wire Imports in Oman
After two years of decline, overseas purchases of stainless steel wire decreased by -50% to 731 tons in 2022. Overall, imports showed a sharp slump.
In value terms, stainless steel wire imports fell sharply to $2.1M in 2022. Over the period under review, imports recorded a significant curtailment.
| Import of Stainless Steel Wire in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,470 | N/A | 3,013 | 1,128 | -8.4% |
| Saudi Arabia | 3,671 | N/A | 404 | 687 | -42.8% |
| India | 302 | N/A | 275 | 103 | -30.1% |
| China | 49.8 | N/A | 227 | 85.0 | 19.5% |
| Others | 317 | N/A | 336 | 124 | -26.9% |
| Total | 5,810 | N/A | 4,254 | 2,127 | -28.5% |
Top Suppliers of Stainless Steel Wire to Oman in 2022:
- Saudi Arabia (440.3 tons)
- United Arab Emirates (229.8 tons)
- China (25.5 tons)
- India (17.9 tons)
Stainless Steel Wire Exports in Oman
After two years of decline, overseas shipments of stainless steel wire decreased by -50% to 80 tons in 2022. Over the period under review, exports continue to indicate a pronounced decline.
In value terms, stainless steel wire exports declined dramatically to $105K in 2022. In general, exports, however, enjoyed a prominent expansion.
| Export of Stainless Steel Wire in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 0.6 | N/A | 5.0 | 99.2 | 448.8% |
| Saudi Arabia | 1.0 | N/A | 1.8 | 5.7 | 78.6% |
| India | N/A | N/A | 151 | N/A | 0% |
| Kuwait | 68.9 | N/A | N/A | N/A | 0% |
| Yemen | 0.7 | N/A | 49.0 | N/A | 736.7% |
| Others | 0.6 | N/A | 3.0 | N/A | 123.6% |
| Total | 71.8 | N/A | 210 | 105 | 13.5% |
Top Export Markets for Stainless Steel Wire from Oman in 2022:
- Qatar (14.3 tons)
- Saudi Arabia (5.1 tons)
359
This report provides an in-depth analysis of the market for iron and steel wire in Oman.
311
This report provides an in-depth analysis of the market for iron and steel wire in Oman.
1937
This report provides an in-depth analysis of the global market for iron and steel wire.
529
This report provides an in-depth analysis of the global market for iron and steel wire.
846
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1510
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1004
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1232
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
675
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
935
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3538
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
761
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
250
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
216
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
