Oman - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Stainless Steel Seamless Pipe in Oman - 2021
Contents:
- Price for Stainless Steel Seamless Pipe in Oman (CIF) - 2022
- Price for Stainless Steel Seamless Pipe in Oman (FOB) - 2022
- Imports of Stainless Steel Seamless Pipe in Oman
- Exports of Stainless Steel Seamless Pipe in Oman
Price for Stainless Steel Seamless Pipe in Oman (CIF) - 2022
In 2022, the average stainless steel seamless pipe import price amounted to $1,883 per ton, jumping by 24% against the previous year. In general, the import price, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46%. The import price peaked at $2,836 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($16,559 per ton), while the price for Saudi Arabia ($1,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Seamless Pipe in Oman (FOB) - 2022
The average stainless steel seamless pipe export price stood at $538 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price showed a mild setback. The pace of growth was the most pronounced in 2018 an increase of 24% against the previous year. As a result, the export price reached the peak level of $761 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($1,805 per ton), while the average price for exports to Yemen ($486 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 Saudi Arabia (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel Seamless Pipe in Oman
In 2022, overseas purchases of stainless steel seamless pipe for oil and gas decreased by -33.5% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 227%.
In value terms, stainless steel seamless pipe imports fell sharply to $7.3M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 138% against the previous year.
Import of Stainless Steel Seamless Pipe in Oman (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.2 | 2.4 | 2.5 | 6.2 | 214.1% |
Saudi Arabia | 0.2 | 0.4 | 3.3 | 0.6 | 44.2% |
United Arab Emirates | 0.5 | 0.8 | 1.2 | 0.2 | -26.3% |
Others | 1.5 | 2.1 | 1.8 | 0.3 | -41.5% |
Total | 2.4 | 5.8 | 8.9 | 7.3 | 44.9% |
Top Suppliers of Stainless Steel Seamless Pipe to Oman in 2022:
- China (3255.2 tons)
- Saudi Arabia (461.2 tons)
- United Arab Emirates (119.8 tons)
Exports of Stainless Steel Seamless Pipe in Oman
In 2022, overseas shipments of stainless steel seamless pipe for oil and gas decreased by -32.6% to 999 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 187% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then dropped markedly in the following year.
In value terms, stainless steel seamless pipe exports shrank notably to $538K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 204% against the previous year. As a result, the exports reached the peak of $810K, and then dropped remarkably in the following year.
Export of Stainless Steel Seamless Pipe in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | 38.7 | 163 | 585 | 448 | 126.2% |
Qatar | 22.8 | 34.4 | 52.6 | 35.6 | 16.0% |
United Arab Emirates | 9.7 | 12.4 | 127 | 32.1 | 49.0% |
Tanzania | 46.8 | N/A | N/A | N/A | 0% |
Others | 34.5 | 56.3 | 45.0 | 22.3 | -13.5% |
Total | 153 | 266 | 810 | 538 | 52.1% |
Top Export Markets for Stainless Steel Seamless Pipe from Oman in 2022:
- Yemen (922.1 tons)
- United Arab Emirates (32.0 tons)
- Qatar (24.1 tons)
This report provides an in-depth analysis of the market for stainless steel seamless pipe 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 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless steel
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for stainless steel seamless pipe in Oman.
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This report provides an in-depth analysis of the global market for line pipe of steel other than stainless steel for oil or gas pipelines.
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This report provides an in-depth analysis of the global market for seamless casing, tubing and drill oil or gas pipe of non-stainless steel.
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