Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan - 2022

Contents:

  1. Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan (FOB) - 2022
  2. Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan (CIF) - 2022
  3. Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan
  4. Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan (FOB) - 2022

The average export price for ferrous waste and scrap; of tinned iron or steels stood at $367 per ton in 2022, rising by 3.8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. The export price peaked at $380 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to -0.7% per year.

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; of tinned iron or steels amounted to $335 per ton, reducing by -19.3% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ferrous waste and scrap; of tinned iron or steels increased by +26.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 56% against the previous year. As a result, import price reached the peak level of $415 per ton, and then shrank dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for Palestine.

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +1.8% per year.

Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan

After three years of growth, overseas shipments of ferrous waste and scrap; of tinned iron or steels decreased by -96.1% to 196 tons in 2022. Over the period under review, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 4.3%.

In value terms, exports of ferrous waste and scrap; of tinned iron or steels reduced markedly to $72K in 2022. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 5.7%.

Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A0.10%
Pakistan1.61.71.8N/A6.1%
OthersN/AN/AN/AN/A0%
Total1.61.71.80.1-60.3%

Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Jordan in 2022:

  1. United Kingdom (195.5 tons)

Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan

In 2022, after two years of decline, there was significant growth in purchases abroad of ferrous waste and scrap; of tinned iron or steels, when their volume increased by 7.8% to 351 tons. Overall, imports, however, showed a sharp setback.

In value terms, imports of ferrous waste and scrap; of tinned iron or steels declined to $118K in 2022. Over the period under review, imports, however, continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year.

Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Palestine19.40.10.10.1-82.7%
Others0.1N/AN/AN/A0%
Total19.50.10.10.1-82.8%

Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Jordan in 2022:

  1. Palestine (350.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ferrous waste and scrap; of tinned iron or steel - Jordan