Report Oman - Copper Bars, Wire and Plates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Oman - Copper Bars, Wire and Plates - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in Oman

After two years of growth, the Omani market for copper bars, wire and plates decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Copper bars, wire and plates consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Copper Bars, Wire And Plates

Exports from Oman

In 2022, after two years of growth, there was significant decline in overseas shipments of copper bars, wire and plates, when their volume decreased by X% to X tons. Over the period under review, exports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, copper bars, wire and plates exports declined rapidly to $X in 2022. Overall, exports, however, recorded a slight expansion. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for copper bars, wire and plates exports from Oman, with a X% share of total exports. It was followed by Bahrain (X kg), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for copper bars, wire and plates exports from Oman, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%.

Export Prices by Country

The average export price for copper bars, wire and plates stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price showed measured growth. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 the United Arab Emirates ($X per ton), while the average price for exports to Bahrain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

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Imports of Copper Bars, Wire And Plates

Imports into Oman

Copper bars, wire and plates imports into Oman reduced to X tons in 2022, dropping by X% against 2021 figures. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, copper bars, wire and plates imports dropped dramatically to $X in 2022. In general, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main supplier of copper bars, wire and plates to Oman, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of copper bars, wire and plates to Oman.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to X%.

Import Prices by Country

The average import price for copper bars, wire and plates stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained 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 X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of copper bars, wire and plates consumption was China, comprising approx. 27% of total volume. Moreover, copper bars, wire and plates consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was held by the United States, with a 9.7% share.
China constituted the country with the largest volume of copper bars, wire and plates production, accounting for 26% of total volume. Moreover, copper bars, wire and plates production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.4% share.
In value terms, the United Arab Emirates constituted the largest supplier of copper bars, wire and plates to Oman.
In value terms, the United Arab Emirates remains the key foreign market for copper bars, wire and plates exports from Oman, comprising 99% of total exports. The second position in the ranking was held by Bahrain $5), with less than 0.1% share of total exports.
In 2022, the average export price for copper bars, wire and plates amounted to $9,304 per ton, picking up by 27% against the previous year.
In 2022, the average import price for copper bars, wire and plates amounted to $9,520 per ton, which is down by -26.4% against the previous year.

This report provides an in-depth analysis of the market for copper bars, wire and plates 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 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
  • Prodcom 24442330 - Copper wire, refined (transv. section > 6 mm), of copper alloy
  • Prodcom 24442350 - Copper wire with cross-sectional dimension > 0,5 mm, . 6 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
  • Prodcom 24442370 - Copper wire with cross-sectional dimension . 0,5 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
  • Prodcom 24442400 - Copper and copper alloy plates, sheets and strip of a thickness > 0,15 mm (excluding expanded copper metal, i nsulated electric strip)

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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