Report Update: May 1, 2024

Jordan - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Price in Jordan - 2022

Metal Chain Price in Jordan (CIF) - 2022

In 2022, the average metal chain import price amounted to $5,662 per ton, waning by -6.6% against the previous year. Over the period under review, the import price, however, showed resilient growth. The growth pace was the most rapid in 2018 an increase of 104% against the previous year. The import price peaked at $6,060 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($14,160 per ton), while the price for Germany ($5,421 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Chain Price in Jordan (FOB) - 2022

The average metal chain export price stood at $7,083 per ton in 2022, surging by 84% against the previous year. Overall, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Syrian Arab Republic.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +6.2% per year.

Metal Chain Imports in Jordan

In 2022, supplies from abroad of iron or steel chain decreased by -78.9% to 12 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of 188 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, metal chain imports fell sharply to $68K in 2022. Overall, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 when imports increased by 46%. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Metal Chain in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	41.9	55.6	3.6	43.5	1.3%
South Korea	11.8	34.8	13.1	6.0	-20.2%
Germany	2.9	11.8	8.7	5.7	25.3%
China	90.9	152	124	5.7	-60.3%
United Kingdom	1.0	34.2	16.2	4.6	66.3%
Turkey	22.9	6.2	6.5	1.2	-62.6%
Denmark	390	204	11.7	0.8	-87.3%
Greece	47.7	145	47.8	N/A	0.1%
Saudi Arabia	11.9	36.2	12.0	N/A	0.4%
Others	104	375	99.3	N/A	-2.3%
Total	724	1,054	343	67.6	-54.6%

Top Suppliers of Metal Chain to Jordan in 2022:

Italy (8.0 tons)
China (1.1 tons)
South Korea (1.1 tons)
Germany (1.0 tons)
United Kingdom (0.3 tons)
Turkey (0.2 tons)
Denmark (0.1 tons)

Metal Chain Exports in Jordan

In 2022, the amount of iron or steel chain exported from Jordan surged to 5 tons, jumping by 337% on the previous year. Over the period under review, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal chain exports skyrocketed to $36K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metal Chain in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Syrian Arab Republic	N/A	N/A	N/A	35.5	0%
Saudi Arabia	1.3	0.3	0.4	N/A	-44.5%
Free Zones	9.1	2.3	3.1	N/A	-41.6%
Others	6.1	1.2	0.9	N/A	-61.6%
Total	16.5	3.9	4.4	35.5	29.1%

Top Export Markets for Metal Chain from Jordan in 2022:

Syrian Arab Republic (5.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain 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 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains

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