Tungsten (Wolfram); Wire Price in Oman - 2021

Contents:

  1. Tungsten (Wolfram); Wire Price in Oman (CIF) - 2022
  2. Tungsten (Wolfram); Wire Price in Oman (FOB) - 2022
  3. Tungsten (Wolfram); Wire Imports in Oman
  4. Tungsten (Wolfram); Wire Exports in Oman

Tungsten (Wolfram); Wire Price in Oman (CIF) - 2022

The average tungsten (wolfram); wire import price stood at $75,403 per ton in 2022, shrinking by -4.4% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the maximum at $91,876 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +1.6% per year.

Tungsten (Wolfram); Wire Price in Oman (FOB) - 2022

The average tungsten (wolfram); wire export price stood at $98,741 per ton in 2022, jumping by 47% against the previous year. Over the period under review, the export price posted strong growth. The pace of growth was the most pronounced in 2020 an increase of 150%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +6.0% per year.

Tungsten (Wolfram); Wire Imports in Oman

In 2022, after three years of growth, there was significant decline in overseas purchases of tungsten (wolfram); wires, when their volume decreased by -6.4% to 146 kg. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 389%.

In value terms, tungsten (wolfram); wire imports shrank to $11K in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 289% against the previous year.

Import of Tungsten (Wolfram); Wire in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.99.312.010.979.0%
KuwaitN/AN/A0.1N/A0%
Others0.60.30.30.1-45.0%
Total2.59.712.311.063.9%

Top Suppliers of Tungsten (Wolfram); Wire to Oman in 2022:

  1. United Arab Emirates (146.0 kg)

Tungsten (Wolfram); Wire Exports in Oman

In 2022, tungsten (wolfram); wire exports from Oman reduced notably to 27 kg, dropping by -48.1% compared with 2021. In general, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 174% against the previous year.

In value terms, tungsten (wolfram); wire exports reduced notably to $2.7K in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 94%. As a result, the exports reached the peak of $3.5K, and then contracted rapidly in the following year.

Export of Tungsten (Wolfram); Wire in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar3.5N/A3.52.7-8.3%
YemenN/A1.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.51.83.52.7-8.3%

Top Export Markets for Tungsten (Wolfram); Wire from Oman in 2022:

  1. Qatar (27.0 kg)

Source: IndexBox Market Intelligence Platform

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