Price for Chain and Parts Thereof, of Iron or Steel in Jordan - 2022

Contents:

1. Price for Chain and Parts Thereof, of Iron or Steel in Jordan (CIF) - 2022
2. Price for Chain and Parts Thereof, of Iron or Steel in Jordan (FOB) - 2022
3. Imports of Chain and Parts Thereof, of Iron or Steel in Jordan
4. Exports of Chain and Parts Thereof, of Iron or Steel in Jordan

Price for Chain and Parts Thereof, of Iron or Steel in Jordan (CIF) - 2022

In December 2022, the average import price for chain and parts thereof, of iron or steel amounted to $9,666 per ton, reducing by -1.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 110% m-o-m. As a result, import price attained the peak level of $12,186 per ton. From August 2022 to December 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($13,387 per ton), while the price for China ($8,911 per ton) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain and Parts Thereof, of Iron or Steel in Jordan (FOB) - 2022

The average export price for chain and parts thereof, of iron or steel stood at $6,728 per ton in 2022, dropping by -24.5% against the previous year. Overall, the export price, however, showed resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 156% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,916 per ton in 2021, and then reduced remarkably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +15.0% per year.

Imports of Chain and Parts Thereof, of Iron or Steel in Jordan

In 2022, after two years of decline, there was significant growth in purchases abroad of chain and parts thereof, of iron or steel, when their volume increased by 88% to 673 tons. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chain and parts thereof, of iron or steel soared to $3.3M in 2022. Overall, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Jordan in 2022:

1. China (437.8 tons)
2. United States (94.2 tons)
3. Germany (45.6 tons)
4. Belgium (25.6 tons)
5. Italy (21.9 tons)
6. United Arab Emirates (14.5 tons)
7. France (11.1 tons)
8. Turkey (10.5 tons)

Exports of Chain and Parts Thereof, of Iron or Steel in Jordan

In 2022, exports of chain and parts thereof, of iron or steel from Jordan dropped sharply to 9.4 tons, reducing by -31.5% compared with 2021 figures. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 878% against the previous year. As a result, the exports attained the peak of 14 tons, and then contracted markedly in the following year.

In value terms, exports of chain and parts thereof, of iron or steel dropped sharply to $70K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,205%. As a result, the exports reached the peak of $122K, and then shrank dramatically in the following year.

Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Jordan in 2022:

1. Ghana (9.3 tons)

Source: IndexBox Market Intelligence Platform