Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan (FOB) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan (CIF) - 2022
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $13,167 per ton, rising by 57% against the previous year. In general, the export price posted a significant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 160% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Israel ($13,170 per ton) and Saudi Arabia ($13,168 per ton), while the average price for exports to Free Zones ($13,157 per ton) and Qatar ($13,167 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+57.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $17,056 per ton, picking up by 21% against the previous year. In general, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 246% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($26,255 per ton), while the price for France ($11,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan
In 2022, overseas shipments of iron or steel; non-threaded cotters and cotter-pinses decreased by -60% to 37 tons, falling for the second consecutive year after two years of growth. In general, exports saw a significant decrease. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 284 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses dropped significantly to $489K in 2022. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 132% against the previous year. As a result, the exports reached the peak of $918K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | N/A | 2.4 | N/A | 238 | 895.8% |
| Qatar | 76.1 | 624 | 280 | 168 | 30.2% |
| Saudi Arabia | 320 | 277 | 436 | 48.4 | -46.7% |
| Israel | N/A | N/A | 33.1 | 27.6 | -16.6% |
| Free Zones | N/A | 2.7 | N/A | 7.5 | 66.7% |
| Others | N/A | 12.5 | 31.9 | N/A | 155.2% |
| Total | 396 | 918 | 781 | 489 | 7.3% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Jordan in 2022:
- Palestine (18.1 tons)
- Qatar (12.8 tons)
- Saudi Arabia (3.7 tons)
- Israel (2.1 tons)
- Free Zones (0.6 tons)
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan
In 2022, supplies from abroad of iron or steel; non-threaded cotters and cotter-pinses was finally on the rise to reach 8.3 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a significant decrease.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses skyrocketed to $142K in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.5 | 60.8 | 70.7 | 98.4 | 46.2% |
| Germany | 7.8 | 3.4 | N/A | 25.8 | 49.0% |
| Italy | N/A | 0.4 | 6.1 | 14.8 | 508.3% |
| France | 0.9 | N/A | N/A | 2.4 | 38.7% |
| Others | 19.5 | 12.4 | 8.6 | 1.0 | -62.8% |
| Total | 59.7 | 77.1 | 85.4 | 142 | 33.5% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Jordan in 2022:
- China (6.2 tons)
- Germany (1.3 tons)
- Italy (0.6 tons)
- France (0.2 tons)
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