Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman (CIF) - 2022
The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $14,286 per ton in 2022, increasing by 2.6% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by +42.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 28%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($27,772 per ton), while the price for France ($9,088 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+49.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman (FOB) - 2022
The average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $6,721 per ton in 2021, which is down by -33.2% against the previous year. In general, the export price continues to indicate a abrupt slump. Over the period under review, the average export prices reached the peak figure at $15,605 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to -19.7% per year.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman
Imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) into Oman contracted dramatically to 92 tons in 2022, dropping by -45.2% compared with the year before. Overall, imports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 521% against the previous year. As a result, imports reached the peak of 167 tons, and then fell dramatically in the following year.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) shrank significantly to $1.3M in 2022. In general, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 623%. As a result, imports reached the peak of $2.3M, and then dropped remarkably in the following year.
Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 177 | 71.4 | 209 | 398 | 31.0% |
South Korea | 89.9 | 145 | 209 | 391 | 63.2% |
Qatar | N/A | 0.7 | 220 | 274 | 1878.5% |
India | 726 | 80.4 | 1,610 | 80.7 | -51.9% |
Japan | 43.7 | 15.7 | 41.3 | 70.4 | 17.2% |
United Arab Emirates | 10.9 | 3.6 | 16.8 | 52.8 | 69.2% |
China | 1.1 | 0.8 | 4.8 | 35.2 | 217.5% |
Others | 10.5 | 5.2 | 18.7 | 8.6 | -6.4% |
Total | 1,059 | 322 | 2,330 | 1,310 | 7.3% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Oman in 2022:
- France (43.8 tons)
- South Korea (24.4 tons)
- Qatar (9.9 tons)
- Japan (5.4 tons)
- India (3.7 tons)
- United Arab Emirates (2.4 tons)
- China (1.9 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman
In 2021, the amount of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) exported from Oman surged to 129 kg, jumping by 29% against the previous year. The total export volume increased at an average annual rate of +29.0% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) dropped to $867 in 2021. In general, exports, however, showed a abrupt contraction.
Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Oman (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
Denmark | N/A | 867 | 0% | ||
Qatar | 1,006 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 1,006 | 867 | -13.8% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Oman in 2022:
- Denmark (129.0 kg)
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