Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $9,392 per ton in 2022, increasing by 31% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, import price reached the peak level 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 South Korea ($20,937 per ton), while the price for Malaysia ($886 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 (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $16,328 per ton in 2022, surging by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.3%. The growth pace was the most rapid in 2014 when the average export price increased by 21%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($32,201 per ton), while the average price for exports to the United Arab Emirates ($10,216 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 Qatar (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman
For the fourth year in a row, Oman recorded growth in overseas purchases of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, which increased by 50% to 2.2K tons in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $21M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.7 | 3.8 | 6.9 | 15.6 | 109.4% |
| China | 0.5 | 1.1 | 1.5 | 3.0 | 81.7% |
| India | 1.0 | 0.5 | 0.8 | 0.8 | -7.2% |
| South Korea | 0.2 | 1.2 | 0.7 | 0.7 | 51.8% |
| Malaysia | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | 1.1 | 0.9 | 0.7 | 0.7 | -14.0% |
| Total | 4.4 | 7.6 | 10.7 | 21.0 | 68.4% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Oman in 2022:
- United Arab Emirates (1498.0 tons)
- China (393.3 tons)
- Malaysia (174.6 tons)
- India (106.3 tons)
- South Korea (32.6 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman
For the third consecutive year, Oman recorded decline in shipments abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, which decreased by -57.2% to 3.2 tons in 2022. In general, exports faced a sharp reduction. The smallest decline of -34% was in 2020.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia declined rapidly to $52K in 2022. Overall, exports recorded a dramatic decline. The smallest decline of -30.1% was in 2020.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 9.3 | 9.7 | 23.3 | 29.4 | 46.8% |
| United Arab Emirates | 1.4 | 3.7 | 17.0 | 14.7 | 119.0% |
| Qatar | 2.6 | 3.7 | 8.7 | 7.1 | 39.8% |
| Somalia | N/A | 2.6 | 52.2 | N/A | 1907.7% |
| Yemen | 175 | 102 | 5.7 | N/A | -82.0% |
| Others | 30.7 | 31.8 | 0.2 | 1.2 | -66.1% |
| Total | 219 | 153 | 107 | 52.3 | -38.0% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Oman in 2022:
- Kuwait (1542.0 kg)
- United Arab Emirates (1436.0 kg)
- Qatar (219.0 kg)
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