Price for Copper Plates, Sheets and Strip in Oman - 2021

Contents:

1. Price for Copper Plates, Sheets and Strip in Oman (CIF) - 2022
2. Price for Copper Plates, Sheets and Strip in Oman (FOB) - 2022
3. Imports of Copper Plates, Sheets and Strip in Oman
4. Exports of Copper Plates, Sheets and Strip in Oman

Price for Copper Plates, Sheets and Strip in Oman (CIF) - 2022

In 2022, the average import price for copper plates, sheets and strips amounted to $8,844 per ton, which is down by -6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17%. As a result, import price attained the peak level of $9,479 per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($11,752 per ton), while the price for Germany ($6,100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Oman (FOB) - 2022

The average export price for copper plates, sheets and strips stood at $8,818 per ton in 2022, dropping by -3.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 73% against the previous year. The export price peaked at $9,435 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($10,258 per ton), while the average price for exports to Yemen ($839 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 the United Arab Emirates (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Copper Plates, Sheets and Strip in Oman

In 2022, the amount of copper plates, sheets and strips imported into Oman dropped to 457 tons, with a decrease of -9.1% against the previous year's figure. In general, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.

In value terms, copper plates, sheets and strip imports shrank sharply to $4M in 2022. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 43%.

Top Suppliers of Copper Plates, Sheets and Strip to Oman in 2022:

1. United Kingdom (97.3 tons)
2. Turkey (80.7 tons)
3. United Arab Emirates (65.3 tons)
4. Germany (51.0 tons)
5. Finland (37.7 tons)
6. Saudi Arabia (33.2 tons)
7. India (26.4 tons)
8. Bulgaria (16.4 tons)
9. Greece (14.4 tons)
10. Egypt (12.8 tons)

Exports of Copper Plates, Sheets and Strip in Oman

In 2022, the amount of copper plates, sheets and strips exported from Oman was estimated at 15 tons, surging by 3.2% compared with the previous year. In general, exports, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 4.6%.

In value terms, copper plates, sheets and strip exports fell modestly to $136K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 1.7% against the previous year. As a result, the exports attained the peak of $137K, leveling off in the following year.

Top Export Markets for Copper Plates, Sheets and Strip from Oman in 2022:

1. United Arab Emirates (12.5 tons)
2. Yemen (1.8 tons)
3. Qatar (1.1 tons)

Source: IndexBox Market Intelligence Platform