Jordan - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in Jordan - 2022
Contents:
- Metal Spring Washer Price in Jordan (CIF) - 2022
- Metal Spring Washer Price in Jordan (FOB) - 2022
- Metal Spring Washer Imports in Jordan
- Metal Spring Washer Exports in Jordan
Metal Spring Washer Price in Jordan (CIF) - 2022
The average metal spring washer import price stood at $4,190 per ton in 2022, falling by -41.2% against the previous year. Overall, the import price showed a slight decline. The growth pace was the most rapid in 2016 when the average import price increased by 32%. Over the period under review, average import prices attained the maximum at $8,327 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($11,785 per ton), while the price for China amounted to $3,368 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Spring Washer Price in Jordan (FOB) - 2022
The average metal spring washer export price stood at $18,129 per ton in 2022, with a decrease of -23.9% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 73%. The export price peaked at $23,817 per ton in 2021, and then declined rapidly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($20,227 per ton), while the average price for exports to the United Arab Emirates stood at $2,143 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+4.5%).
Metal Spring Washer Imports in Jordan
In 2022, approx. 24 tons of iron or steel spring washers were imported into Jordan; dropping by -40.4% compared with the previous year. Overall, imports faced a precipitous decline. The smallest decline of -13.9% was in 2021.
In value terms, metal spring washer imports reduced remarkably to $102K in 2022. Over the period under review, imports continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 11%.
| Import of Metal Spring Washer in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 158 | 104 | 95.0 | 72.8 | -22.8% |
| Turkey | 29.3 | 44.4 | 50.9 | 13.8 | -22.2% |
| India | 36.9 | 5.8 | 2.8 | 1.2 | -68.1% |
| Spain | 13.0 | N/A | N/A | N/A | 0% |
| Lebanon | 5.8 | 5.8 | 5.0 | N/A | -7.2% |
| Others | 103 | 104 | 138 | 14.5 | -48.0% |
| Total | 346 | 263 | 292 | 102 | -33.4% |
Top Suppliers of Metal Spring Washer to Jordan in 2022:
- China (21.6 tons)
- Turkey (1.2 tons)
- India (0.3 tons)
Metal Spring Washer Exports in Jordan
In 2022, metal spring washer exports from Jordan surged to 85 kg, rising by 20% against 2021. The total export volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year. As a result, the exports attained the peak of 99 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metal spring washer exports contracted to $1.5K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%.
| Export of Metal Spring Washer in Jordan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 871 | 1,368 | 1,642 | 1,517 | 20.3% |
| United Arab Emirates | 12.0 | 10.0 | 28.0 | 15.0 | 7.7% |
| India | 5.0 | 8.0 | 16.0 | 6.0 | 6.3% |
| Others | 202 | 3.0 | 5.0 | 3.0 | -75.4% |
| Total | 1,090 | 1,389 | 1,691 | 1,541 | 12.2% |
Top Export Markets for Metal Spring Washer from Jordan in 2022:
- Free Zones (75.0 kg)
- United Arab Emirates (7.0 kg)
- India (1.0 kg)
This report provides an in-depth analysis of the metal spring washer 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 25941210 - Iron or steel spring washers and other lock washers
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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