Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $5,959 per ton, jumping by 100% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. 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 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($5,944 per ton), while the price for the UK totaled $5,943 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.1%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $7,183 per ton, reducing by -49.3% against the previous year. In general, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 111% against the previous year. The export price peaked at $14,177 per ton in 2021, and then declined notably in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($7,187 per ton), while the average price for exports to the United Arab Emirates ($7,146 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.5%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman
In 2022, supplies from abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -43.7% to 43 tons, falling for the second year in a row after two years of growth. In general, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year. As a result, imports attained the peak of 182 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $256K in 2022. Over the period under review, imports, however, saw a noticeable expansion. The pace of growth was the most pronounced in 2020 when imports increased by 148% against the previous year. As a result, imports reached the peak of $598K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 77.3 | 460 | 178 | 227 | 43.2% |
| United Kingdom | 4.2 | 39.6 | 6.4 | 20.8 | 70.5% |
| India | 58.3 | 1.0 | 3.9 | 2.5 | -65.0% |
| Qatar | 92.6 | 94.3 | 30.9 | N/A | -42.2% |
| Others | 8.5 | 2.7 | 8.3 | 5.5 | -13.5% |
| Total | 241 | 598 | 228 | 256 | 2.0% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Oman in 2022:
- United Arab Emirates (38.2 tons)
- United Kingdom (3.5 tons)
- India (0.4 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman
In 2022, approx. 1 tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were exported from Oman; picking up by 168% against 2021 figures. In general, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $7.4K in 2022. Over the period under review, exports recorded a notable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | 4.1 | 5.0 | 22.0% |
| Kuwait | N/A | N/A | N/A | 2.1 | 0% |
| United Arab Emirates | 5.6 | N/A | 1.4 | 0.3 | -62.3% |
| Qatar | 1.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.9 | N/A | 5.5 | 7.4 | 2.4% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Oman in 2022:
- Iraq (694.0 kg)
- Kuwait (289.0 kg)
- United Arab Emirates (48.0 kg)
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