Price for Nickel; Tube and Pipe Fittings in Jordan - 2022

Contents:

  1. Price for Nickel; Tube and Pipe Fittings in Jordan (CIF) - 2022
  2. Price for Nickel; Tube and Pipe Fittings in Jordan (FOB) - 2022
  3. Imports of Nickel; Tube and Pipe Fittings in Jordan
  4. Exports of Nickel; Tube and Pipe Fittings in Jordan

Price for Nickel; Tube and Pipe Fittings in Jordan (CIF) - 2022

The average import price for nickel; tube and pipe fittingses stood at $61,424 per ton in 2022, waning by -36.6% against the previous year. Overall, the import price, however, enjoyed prominent growth. The growth pace was the most rapid in 2020 an increase of 278% against the previous year. The import price peaked at $96,840 per ton in 2021, and then reduced markedly in the following year.

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 India ($414,100 per ton), while the price for the United Arab Emirates ($3,847 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tube and Pipe Fittings in Jordan (FOB) - 2022

The average export price for nickel; tube and pipe fittingses stood at $21,758 per ton in 2022, increasing by 17% against the previous year. In general, the export price recorded a pronounced expansion. The pace of growth was the most pronounced in 2020 an increase of 171%. As a result, the export price attained the peak level of $27,692 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($22,597 per ton), while the average price for exports to Saudi Arabia amounted to $14,629 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+22.2%).

Imports of Nickel; Tube and Pipe Fittings in Jordan

In 2022, purchases abroad of nickel; tube and pipe fittingses decreased by -70.9% to 377 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 167%. As a result, imports reached the peak of 5.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; tube and pipe fittings imports reduced markedly to $23K in 2022. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 909% against the previous year. As a result, imports reached the peak of $310K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Nickel; Tube and Pipe Fittings in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.021181.811.981.2%
India3.230.819.74.18.6%
United States1.14.61.62.531.5%
United Kingdom0.740.114.71.322.9%
United Arab Emirates2.09.30.71.0-20.6%
Italy1.511.75.40.9-15.7%
Turkey0.11.31.00.226.0%
China2.80.60.50.1-67.1%
Saudi Arabia17.3N/AN/AN/A0%
Others0.10.40.21.2128.9%
Total30.731012623.2-8.9%

Top Suppliers of Nickel; Tube and Pipe Fittings to Jordan in 2022:

  1. United Arab Emirates (248.0 kg)
  2. Germany (74.0 kg)
  3. China (12.0 kg)
  4. Turkey (10.0 kg)
  5. India (10.0 kg)
  6. United Kingdom (10.0 kg)
  7. United States (6.0 kg)
  8. Italy (5.0 kg)

Exports of Nickel; Tube and Pipe Fittings in Jordan

Nickel; tube and pipe fittings exports from Jordan contracted sharply to 392 kg in 2022, waning by -88.6% on 2021 figures. Overall, exports showed a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 8.2% against the previous year. As a result, the exports attained the peak of 3.5 tons, and then reduced notably in the following year.

In value terms, nickel; tube and pipe fittings exports contracted remarkably to $8.5K in 2022. Over the period under review, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2020 with an increase of 158% against the previous year. As a result, the exports attained the peak of $88K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Nickel; Tube and Pipe Fittings in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones25.128.650.35.8-38.6%
Saudi Arabia9.18.614.01.9-40.7%
OthersN/A51.10.10.8-87.5%
Total34.288.364.48.5-37.1%

Top Export Markets for Nickel; Tube and Pipe Fittings from Jordan in 2022:

  1. Free Zones (258.0 kg)
  2. Saudi Arabia (132.0 kg)

Source: IndexBox Market Intelligence Platform

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