Oman - Unwrought Zinc - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Oman - Unwrought Zinc - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Price in Oman - 2021

Contents:

  1. Zinc Price in Oman (CIF) - 2022
  2. Zinc Price in Oman (FOB) - 2022
  3. Zinc Imports in Oman
  4. Zinc Exports in Oman

Zinc Price in Oman (CIF) - 2022

In 2022, the average zinc import price amounted to $3,640 per ton, surging by 21% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc import price increased by +36.6% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 34% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($4,053 per ton) and India ($3,882 per ton), while the price for South Korea ($3,173 per ton) and the United Arab Emirates ($3,599 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Zinc Price in Oman (FOB) - 2022

In 2021, the average zinc export price amounted to $2,773 per ton, picking up by 17% against the previous year. In general, the export price enjoyed notable growth. The pace of growth was the most pronounced in 2015 an increase of 93%. The export price peaked at $2,780 per ton in 2017; afterwards, it flattened through to 2021.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Qatar ($2,824 per ton) and Pakistan ($2,797 per ton), while the average price for exports to Saudi Arabia ($2,741 per ton) and Bahrain ($2,773 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Imports in Oman

In 2022, supplies from abroad of unwrought zinc decreased by -30.2% to 5.1K tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 33%. As a result, imports reached the peak of 9.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, zinc imports dropped notably to $19M in 2022. Over the period under review, imports showed a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, imports attained the peak of $25M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Zinc in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.616.317.614.318.5%
India2.50.41.71.6-13.8%
Australia0.70.81.00.6-5.0%
South Korea1.61.20.20.5-32.1%
Spain0.31.0N/AN/A233.3%
Free Zones2.3N/AN/AN/A0%
Others3.45.81.61.7-20.6%
Total19.525.522.118.6-1.6%

Top Suppliers of Zinc to Oman in 2022:

  1. United Arab Emirates (4.0K tons)
  2. India (0.4K tons)
  3. South Korea (0.1K tons)
  4. Australia (0.1K tons)

Zinc Exports in Oman

In 2021, the amount of unwrought zinc exported from Oman soared to 606 tons, with an increase of 491% against the previous year's figure. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc exports surged to $1.7M in 2021. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zinc in Oman (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Saudi ArabiaN/A132863553.8%
PakistanN/A35.44581193.8%
QatarN/A25.52991072.5%
BahrainN/A28.540.241.1%
Singapore48.4N/AN/A0%
Taiwan (Chinese)426N/AN/A0%
Others33.421.120.6-21.5%
Total5082421,68181.9%

Top Export Markets for Zinc from Oman in 2022:

  1. Saudi Arabia (314.8 tons)
  2. Pakistan (163.8 tons)
  3. Qatar (106.0 tons)
  4. Bahrain (14.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24431230 - Unwrought non-alloy zinc (excluding zinc dust, powders and flakes)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Oman
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.

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Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.

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In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...

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Free Data: Unwrought Zinc - Oman