Chlorides; of Aluminium Price in Oman - 2021

Contents:

  1. Chlorides; of Aluminium Price in Oman (CIF) - 2022
  2. Chlorides; of Aluminium Price in Oman (FOB) - 2022
  3. Chlorides; of Aluminium Imports in Oman
  4. Chlorides; of Aluminium Exports in Oman

Chlorides; of Aluminium Price in Oman (CIF) - 2022

In 2022, the average chlorides; of aluminium import price amounted to $537 per ton, picking up by 19% against the previous year. Overall, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 79%. Over the period under review, average import prices reached the maximum at $1,538 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($826 per ton), while the price for India ($271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.1%), while the prices for the other major suppliers experienced a decline.

Chlorides; of Aluminium Price in Oman (FOB) - 2022

The average chlorides; of aluminium export price stood at $5,107 per ton in 2022, declining by -14.1% against the previous year. Overall, the export price, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices reached the maximum at $5,944 per ton in 2021, and then contracted in the following year.

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 +4.5% per year.

Chlorides; of Aluminium Imports in Oman

In 2022, the amount of chlorides; of aluminia imported into Oman contracted rapidly to 73 tons, declining by -45.9% on the previous year's figure. In general, imports saw a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 330%.

In value terms, chlorides; of aluminium imports shrank remarkably to $39K in 2022. Over the period under review, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 253% against the previous year. As a result, imports attained the peak of $62K, and then contracted markedly in the following year.

Import of Chlorides; of Aluminium in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates43.04.122.219.0-23.8%
China4.23.920.58.627.0%
India3.21.47.05.016.0%
United States2.62.33.41.5-16.8%
Others7.75.88.45.4-11.2%
Total60.517.461.539.5-13.2%

Top Suppliers of Chlorides; of Aluminium to Oman in 2022:

  1. China (28.3 tons)
  2. United Arab Emirates (23.0 tons)
  3. India (18.5 tons)
  4. United States (2.6 tons)

Chlorides; of Aluminium Exports in Oman

In 2022, after two years of decline, there was significant growth in shipments abroad of chlorides; of aluminia, when their volume increased by 6.7% to 46 tons. In general, exports, however, saw a deep slump.

In value terms, chlorides; of aluminium exports dropped to $233K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of $254K, and then dropped in the following year.

Export of Chlorides; of Aluminium in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1762112542339.8%
OthersN/AN/AN/AN/A0%
Total1762112542339.8%

Top Export Markets for Chlorides; of Aluminium from Oman in 2022:

  1. United Arab Emirates (45.5 tons)

Source: IndexBox Market Intelligence Platform

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