Price for Zinc; Dust, Powders and Flakes in Oman - 2021

Contents:

  1. Price for Zinc; Dust, Powders and Flakes in Oman (FOB) - 2022
  2. Price for Zinc; Dust, Powders and Flakes in Oman (CIF) - 2022
  3. Exports of Zinc; Dust, Powders and Flakes in Oman
  4. Imports of Zinc; Dust, Powders and Flakes in Oman

Price for Zinc; Dust, Powders and Flakes in Oman (FOB) - 2022

The average export price for zinc; dust, powders and flakeses stood at $1,615 per ton in 2021, growing by 4.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. Over the period under review, the average export prices reached the maximum at $2,273 per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($2,760 per ton), while the average price for exports to Turkey ($959 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+16.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Zinc; Dust, Powders and Flakes in Oman (CIF) - 2022

The average import price for zinc; dust, powders and flakeses stood at $3,328 per ton in 2021, surging by 28% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($3,906 per ton), while the price for India stood at $3,222 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in Oman

In 2022, approx. 345 tons of zinc; dust, powders and flakeses were exported from Oman; with a decrease of -11.1% compared with 2021 figures. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 29%.

In value terms, zinc; dust, powders and flakes exports reduced to $547K in 2022. Overall, exports showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year.

Export of Zinc; Dust, Powders and Flakes in Oman (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab Emirates57.5136315134.1%
Saudi Arabia11410819229.8%
Malaysia193N/A76.5-37.0%
Turkey142N/A43.2-44.8%
Norway74.3N/AN/A0%
India208180N/A-13.5%
Taiwan (Chinese)255N/AN/A0%
Others32.443.1N/A33.0%
Total1,076467627-23.7%

Top Export Markets for Zinc; Dust, Powders and Flakes from Oman in 2022:

  1. United Arab Emirates (205.2 tons)
  2. Saudi Arabia (110.4 tons)
  3. Turkey (45.0 tons)
  4. Malaysia (27.7 tons)

Imports of Zinc; Dust, Powders and Flakes in Oman

In 2022, overseas purchases of zinc; dust, powders and flakeses increased by 88% to 22 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt curtailment.

In value terms, zinc; dust, powders and flakes imports skyrocketed to $62K in 2022. Overall, imports, however, continue to indicate a significant decline.

Import of Zinc; Dust, Powders and Flakes in Oman (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
India95.254.631.9-42.1%
United Arab Emirates25.236.17.1-46.9%
Belgium7.210.5N/A45.8%
Qatar0.741.0N/A5757.1%
Others1.3-58.4N/A-4592.3%
Total13084.039.0-45.2%

Top Suppliers of Zinc; Dust, Powders and Flakes to Oman in 2022:

  1. India (9.9 tons)
  2. United Arab Emirates (1.8 tons)

Source: IndexBox Market Intelligence Platform

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