Price for Metal-Rolling Mills; Tube Mills in Oman - 2021

Price for Metal-Rolling Mills; Tube Mills in Oman (CIF) - 2022

In 2022, the average metal-rolling mills; tube mills import price amounted to $11 per unit, dropping by -9.5% against the previous year. Over the period under review, the import price continues to indicate a precipitous contraction. The growth pace was the most rapid in 2014 an increase of 36%. The import price peaked at $232 per unit in 2015; however, from 2016 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 ($11 per unit), while the price for India ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-25.3%), while the prices for the other major suppliers experienced a decline.

Price for Metal-Rolling Mills; Tube Mills in Oman (FOB) - 2022

In 2022, the average metal-rolling mills; tube mills export price amounted to $237 per unit, declining by -19% against the previous year. In general, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 48% against the previous year. The export price peaked at $1,843 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, 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 -18.1% per year.

Imports of Metal-Rolling Mills; Tube Mills in Oman

After two years of decline, purchases abroad of metal-rolling mills; tube millses increased by 461% to 1.7K units in 2022. Overall, imports, however, showed a precipitous setback. Over the period under review, imports attained the maximum at 4.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metal-rolling mills; tube mills imports surged to $18K in 2022. In general, imports, however, showed a precipitous slump. Over the period under review, imports reached the maximum at $179K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Metal-Rolling Mills; Tube Mills in Oman (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	170	32.5	3.5	17.9	-52.8%
United Arab Emirates	4.6	0.1	N/A	0.1	-72.1%
Others	4.5	0.4	0.1	0.3	-59.5%
Total	179	32.9	3.6	18.3	-53.2%

Top Suppliers of Metal-Rolling Mills; Tube Mills to Oman in 2022:

South Korea (1696.0 units)
United Arab Emirates (12.0 units)

Exports of Metal-Rolling Mills; Tube Mills in Oman

In 2022, approx. 151 units of metal-rolling mills; tube millses were exported from Oman; with an increase of 19% against the previous year's figure. Overall, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, metal-rolling mills; tube mills exports dropped to $36K in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 7.4% against the previous year. The exports peaked at $37K in 2021, and then shrank modestly in the following year.