Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan - 2022

Contents:

1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan (CIF) - 2022
2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan (FOB) - 2022
3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan
4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan (CIF) - 2022

In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,015 per ton, almost unchanged from the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. The import price peaked at $3,171 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($3,016 per ton) and Thailand ($3,016 per ton), while the price for the United States ($2,338 per ton) and China ($3,016 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan (FOB) - 2022

In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,363 per ton, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 15% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Free Zones ($4,352 per ton) and the United States ($4,351 per ton), while the average price for exports to Canada ($4,351 per ton) and Morocco ($4,351 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan

After three years of growth, purchases abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -33.1% to 24K tons in 2022. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, imports reached the peak of 35K tons, and then contracted markedly in the following year.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s dropped significantly to $71M in 2022. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 142%. As a result, imports reached the peak of $106M, and then contracted sharply in the following year.

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Jordan in 2022:

1. China (19.4K tons)
2. Saudi Arabia (1.5K tons)
3. Thailand (1.5K tons)
4. United Arab Emirates (0.6K tons)
5. South Korea (0.4K tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Jordan

For the fourth consecutive year, Jordan recorded growth in overseas shipments of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s, which increased by 64% to 679 tons in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 181%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $3M in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 179% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Jordan in 2022:

1. United States (406.1 tons)
2. Italy (80.9 tons)
3. Germany (50.6 tons)
4. Poland (39.5 tons)
5. Morocco (24.4 tons)
6. Egypt (20.3 tons)
7. Canada (15.9 tons)
8. Palestine (12.7 tons)
9. Free Zones (1.9 tons)

Source: IndexBox Market Intelligence Platform