Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $1,480 per ton, growing by 21% against the previous year. In general, the import price continues to indicate a temperate expansion. The pace of growth was the most pronounced in 2020 an increase of 40%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Saudi Arabia ($1,480 per ton) and Egypt ($1,480 per ton), while the price for China ($1,480 per ton) and Turkey ($1,480 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan (FOB) - 2022
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $1,454 per ton in 2022, rising by 22% against the previous year. Over the period under review, the export price saw a notable expansion. The growth pace was the most rapid in 2020 an increase of 83%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, 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 +21.7% per year.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan
In 2022, approx. 832 tons of iron or non-alloy steel wire, not plated or coateds were imported into Jordan; waning by -29.3% against 2021 figures. Over the period under review, imports saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 39%.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds shrank to $1.2M in 2022. Overall, imports faced a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 89%.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 377 | 173 | 532 | 510 | 10.6% |
| Turkey | 655 | 509 | 686 | 501 | -8.5% |
| Saudi Arabia | 1,374 | 55.9 | 112 | 114 | -56.4% |
| Egypt | N/A | N/A | 55.3 | 93.1 | 68.4% |
| Others | 34.2 | 26.8 | 57.4 | 13.7 | -26.3% |
| Total | 2,441 | 765 | 1,443 | 1,231 | -20.4% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Jordan in 2022:
- China (344.4 tons)
- Turkey (338.4 tons)
- Saudi Arabia (76.9 tons)
- Egypt (62.9 tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan
After three years of growth, overseas shipments of iron or non-alloy steel wire, not plated or coateds decreased by -26.5% to 305 tons in 2022. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. As a result, the exports reached the peak of 415 tons, and then contracted remarkably in the following year.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds shrank to $443K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 121% against the previous year.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | 124 | 121 | 474 | 443 | 52.9% |
| Free Zones | N/A | 70.4 | N/A | N/A | 0% |
| Israel | N/A | N/A | 20.4 | N/A | 0% |
| Saudi Arabia | N/A | 62.8 | N/A | N/A | 0% |
| Others | N/A | 19.2 | N/A | N/A | 0% |
| Total | 124 | 273 | 494 | 443 | 52.9% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Jordan in 2022:
- Palestine (304.9 tons)
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