Forged steel bar exports from Oman: data, top buyers and prices
Oman exported $4.9 million of forged steel bar in 2024 (7.4 thousand tonnes). Value fell 79% from 2023. Over 2017-2024 it shrank by about 14% a year on average. The peak in this period was 2020, at $48.5 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $4.9M | 7.4K t |
| 2023 | $23.5M | 32.2K t |
| 2022 | $9.8M | 14.6K t |
| 2021 | $48.4M | 74.5K t |
| 2020 | $48.5M | 101.7K t |
| 2019 | $39.7M | 77.5K t |
| 2018 | $17.7M | 27.7K t |
| 2017 | $14.3M | 26.8K t |
Where Oman exports forged steel bar to
One buyer market dominates: Malaysia accounted for 81% of the value. Among the main buyer markets, Madagascar grew fastest (+117% on the year before).
| Destination | Value | Share |
|---|---|---|
| Malaysia | $4.0M | 81% |
| Myanmar | $623K | 13% |
| Madagascar | $286K | 5.9% |
| Kuwait | $7K | 0.2% |
| Bahrain | $5K | 0.1% |
| Indonesia | $3K | 0.1% |
| Saudi Arabia | $1K | 0% |
Average export price per kg
The average declared value was about $0.66 per kg, close to the world average of $0.70.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Oman?
The shipment records behind Oman forged steel bar exports (HS 7214.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7214.10: Iron or non-alloy steel: bars and rods, forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling.
Common questions
What is the value of forged steel bar exported by Oman?
Oman exported forged steel bar worth $4.9 million in 2024, the latest year with complete public data, about 7.4 thousand tonnes. That ranks it 20th of 106 countries worldwide, with 0% of world exports. The value was down 79% on 2023.
Which countries buy forged steel bar from Oman?
Malaysia was the largest buyer with 81% of the value ($4.0 million), followed by Myanmar (13%) and Madagascar (6%). The top three together account for 100%, out of 7 buyer countries in total. Madagascar grew fastest among the top ten, up 117% on the year.
What is the average export price of forged steel bar per kg?
The average declared export value was about $0.66 per kg in 2024, 6% below the world average of $0.70 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of forged steel bar from Oman changed since 2017?
Exports went from $14.3 million in 2017 to $4.9 million in 2024, a fall of 66%. The peak was 2020 at $48.5 million. Over 8 years the average was $25.9 million a year.
What is the HS code for forged steel bar?
The HS code for forged steel bar is subheading 7214.10. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7214 page.
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Oman. Tell us your product to see it live.
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