Price for Railway or Tramway Track Constructions of Iron or Steel in Jordan - 2022

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Jordan (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Jordan (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Jordan
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Jordan

Price for Railway or Tramway Track Constructions of Iron or Steel in Jordan (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $1,577 per ton, picking up by 49% against the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The import price peaked at $2,422 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 the United Arab Emirates ($1,961 per ton), while the price for Germany ($797 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Railway or Tramway Track Constructions of Iron or Steel in Jordan (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $4,125 per ton in 2022, with an increase of 22% against the previous year. In general, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 101%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,122 per ton), while the average price for exports to Saudi Arabia amounted to $3,207 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Jordan

In 2022, overseas purchases of railway or tramway track constructions of iron or steel decreased by -19.7% to 3.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 80%. As a result, imports reached the peak of 3.8K tons, and then contracted sharply in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel surged to $4.8M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 126%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Jordan in 2022:

1. United Arab Emirates (2008.6 tons)
2. Germany (966.8 tons)
3. China (71.1 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Jordan

In 2022, exports of railway or tramway track constructions of iron or steel from Jordan dropped notably to 30 tons, falling by -59.7% compared with the year before. Over the period under review, exports saw a significant curtailment. The smallest decline of -46% was in 2020.

In value terms, exports of railway or tramway track constructions of iron or steel contracted rapidly to $122K in 2022. Overall, exports saw a sharp downturn. The smallest decline of -36.3% was in 2020.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Jordan in 2022:

1. Saudi Arabia (28.7 tons)
2. United Arab Emirates (1.0 tons)

Source: IndexBox Market Intelligence Platform