Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Jordan - 2022

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Jordan (CIF) - 2022
  2. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Jordan

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Jordan (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,121 per ton, rising by 33% against the previous year. Overall, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 76%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($5,121 per ton), while the price for the United Arab Emirates amounted to $5,121 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Jordan

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Jordan skyrocketed to 221 tons, increasing by 229% against the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $1.1M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain4.9N/A22.1959480.6%
United Arab Emirates16.1N/A62.3162115.9%
Malaysia37.7N/A94.0N/A57.9%
Oman14.3N/A72.4N/A125.0%
Others1.4N/A6.99.891.3%
Total74.4N/A2581,130147.6%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Jordan in 2022:

  1. Bahrain (187.2 tons)
  2. United Arab Emirates (31.6 tons)

Source: IndexBox Market Intelligence Platform

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