Report Update: May 1, 2024

Jordan - Base Metal Cored Wire For Electric Arc-Welding - Market Analysis, Forecast, Size, Trends And Insights

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Cored Arc-Welding Wire Price in Jordan - 2022

Cored Arc-Welding Wire Price in Jordan (CIF) - 2022

In 2022, the average cored arc-welding wire import price amounted to $4,555 per ton, growing by 28% against the previous year. Overall, the import price continues to indicate tangible growth. The pace of growth was the most pronounced in 2014 an increase of 57% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Egypt ($4,556 per ton) and China ($4,555 per ton), while the price for the UK ($4,554 per ton) and Turkey ($4,555 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Cored Arc-Welding Wire Price in Jordan (FOB) - 2022

The average cored arc-welding wire export price stood at $9,452 per ton in 2022, picking up by 20% against the previous year. Overall, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2020 an increase of 65% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($9,682 per ton), while the average price for exports to the United Arab Emirates stood at $2,994 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cored Arc-Welding Wire Imports in Jordan

After two years of decline, supplies from abroad of cored arc-welding wire increased by 2.3% to 159 tons in 2022. Overall, imports, however, continue to indicate a abrupt contraction.

In value terms, cored arc-welding wire imports soared to $726K in 2022. Over the period under review, imports, however, showed a perceptible downturn.

Import of Cored Arc-Welding Wire in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	117	35.3	35.5	306	37.8%
China	260	111	66.5	158	-15.3%
Palestine	16.2	21.2	16.2	67.7	61.1%
Turkey	4.6	7.9	15.9	51.3	123.4%
Czech Republic	14.0	11.4	10.3	31.5	31.0%
Germany	14.7	8.9	2.9	20.9	12.4%
Italy	13.2	14.1	10.0	19.1	13.1%
France	40.7	164	130	17.7	-24.2%
Saudi Arabia	11.5	8.5	11.0	9.7	-5.5%
Egypt	20.3	11.0	6.7	9.2	-23.2%
South Korea	16.5	11.4	4.7	2.3	-48.2%
Vietnam	30.3	16.8	10.3	N/A	-41.7%
United Arab Emirates	129	81.7	64.8	N/A	-29.1%
Others	129	95.3	171	33.3	-36.3%
Total	817	598	556	726	-3.9%

Top Suppliers of Cored Arc-Welding Wire to Jordan in 2022:

Malaysia (67.2 tons)
China (34.6 tons)
Palestine (14.9 tons)
Turkey (11.3 tons)
Czech Republic (6.9 tons)
Germany (4.6 tons)
Italy (4.2 tons)
France (3.9 tons)
Saudi Arabia (2.1 tons)
Egypt (2.0 tons)
South Korea (0.5 tons)

Cored Arc-Welding Wire Exports in Jordan

After two years of decline, shipments abroad of cored arc-welding wire decreased by 0% to 5.2 tons in 2022. Overall, exports continue to indicate a precipitous shrinkage. The smallest decline of -82.7% was in 2020.

In value terms, cored arc-welding wire exports surged to $49K in 2022. Over the period under review, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year.

Export of Cored Arc-Welding Wire in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Free Zones	114	32.0	40.7	48.8	-24.6%
United Arab Emirates	1.0	0.8	0.4	0.5	-20.6%
Others	N/A	N/A	N/A	N/A	0%
Total	115	32.8	41.0	49.3	-24.6%

Top Export Markets for Cored Arc-Welding Wire from Jordan in 2022:

Free Zones (5.0 tons)
United Arab Emirates (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cored arc-welding wire market in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25931530 - Base metal cored wire for electric arc-welding (excluding wire and rods of cored solder, the solder consisting of an alloy containing 2 % or more by weight, of any one precious metal)

Country coverage:

Jordan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Jordan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023