Price for Ferrous Waste and Scrap; of Cast Iron in Oman - 2022

Contents:

1. Price for Ferrous Waste and Scrap; of Cast Iron in Oman (FOB) - 2022
2. Price for Ferrous Waste and Scrap; of Cast Iron in Oman (CIF) - 2022
3. Exports of Ferrous Waste and Scrap; of Cast Iron in Oman
4. Imports of Ferrous Waste and Scrap; of Cast Iron in Oman

Price for Ferrous Waste and Scrap; of Cast Iron in Oman (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $433 per ton, with an increase of 16% against the previous year. Over the period under review, the export price recorded prominent growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $500 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($433 per ton), while the average price for exports to India ($433 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 Pakistan (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; of Cast Iron in Oman (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $457 per ton, rising by 2.2% against the previous year. Overall, the import price posted prominent growth. The pace of growth appeared the most rapid in 2020 an increase of 142%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +17.1% per year.

Exports of Ferrous Waste and Scrap; of Cast Iron in Oman

In 2022, exports of ferrous waste and scrap; of cast ira from Oman surged to 2K tons, growing by 419% against 2021 figures. Over the period under review, exports, however, recorded a dramatic descent.

In value terms, exports of ferrous waste and scrap; of cast ira surged to $858K in 2022. Overall, exports, however, saw a dramatic curtailment.

Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Oman in 2022:

1. Pakistan (1944.7 tons)
2. India (36.1 tons)
3. United Arab Emirates (1.5 tons)

Imports of Ferrous Waste and Scrap; of Cast Iron in Oman

In 2022, purchases abroad of ferrous waste and scrap; of cast ira decreased by -99.5% to 257 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 3,616%.

In value terms, imports of ferrous waste and scrap; of cast ira declined significantly to $118K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 8,897% against the previous year.

Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Oman in 2022:

1. Netherlands (257.3 tons)

Source: IndexBox Market Intelligence Platform