Price for Copper Tube or Pipe Fitting in Jordan - 2022
Contents:
- Price for Copper Tube or Pipe Fitting in Jordan (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Jordan (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Jordan
- Exports of Copper Tube or Pipe Fitting in Jordan
Price for Copper Tube or Pipe Fitting in Jordan (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $21,161 per ton, with an increase of 89% against the previous year. Overall, the import price recorded resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($23,506 per ton), while the price for Spain ($923 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Jordan (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $21,462 per ton, surging by 13% against the previous year. Over the period under review, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($66,265 per ton), while the average price for exports to Free Zones ($1,298 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper Tube or Pipe Fitting in Jordan
In 2022, imports of tube or pipe fittings, couplings, elbows, sleeves of refined copper into Jordan expanded remarkably to 79 tons, surging by 12% on the previous year. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, copper tube or pipe fitting imports skyrocketed to $1.7M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper Tube or Pipe Fitting in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 98.3 | 114 | 440 | 1,152 | 127.1% |
| Germany | 98.2 | 54.4 | 84.0 | 235 | 33.8% |
| United Kingdom | 20.5 | 160 | 18.9 | 74.2 | 53.5% |
| China | 66.4 | 21.0 | 11.5 | 50.5 | -8.7% |
| Kuwait | N/A | N/A | N/A | 41.3 | 0% |
| Spain | 9.1 | 4.1 | 2.1 | 2.6 | -34.1% |
| Aruba | N/A | 90.7 | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | 170 | N/A | 0% |
| Others | 148 | 86.4 | 58.9 | 112 | -8.9% |
| Total | 440 | 531 | 785 | 1,667 | 55.9% |
Top Suppliers of Copper Tube or Pipe Fitting to Jordan in 2022:
- Italy (55.0 tons)
- Germany (11.2 tons)
- United Kingdom (3.5 tons)
- Spain (2.9 tons)
- China (2.4 tons)
- Kuwait (1.9 tons)
Exports of Copper Tube or Pipe Fitting in Jordan
In 2022, after two years of decline, there was significant growth in shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper, when their volume increased by 774% to 1.9 tons. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper tube or pipe fitting exports soared to $42K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper Tube or Pipe Fitting in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 15.7 | 10.9 | 3.9 | 31.2 | 25.7% |
| United Arab Emirates | 2.7 | 1.2 | 0.1 | 5.5 | 26.8% |
| Italy | N/A | N/A | N/A | 4.0 | 0% |
| Free Zones | 0.7 | 0.4 | 0.1 | 0.7 | 0.0% |
| Others | 0.8 | 0.1 | N/A | 0.3 | -27.9% |
| Total | 19.8 | 12.6 | 4.2 | 41.6 | 28.1% |
Top Export Markets for Copper Tube or Pipe Fitting from Jordan in 2022:
- Saudi Arabia (1161.0 kg)
- Free Zones (514.0 kg)
- Italy (181.0 kg)
- United Arab Emirates (83.0 kg)
75
This report provides an in-depth analysis of the market for copper pipe and fitting in Jordan.
581
This report provides an in-depth analysis of the global market for copper pipe and fitting.
