Price for Winding Wire of Copper in Jordan - 2022
Contents:
- Price for Winding Wire of Copper in Jordan (FOB) - 2022
- Price for Winding Wire of Copper in Jordan (CIF) - 2022
- Exports of Winding Wire of Copper in Jordan
- Imports of Winding Wire of Copper in Jordan
Price for Winding Wire of Copper in Jordan (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $11,450 per ton, picking up by 58% against the previous year. Over the period under review, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($11,485 per ton), while the average price for exports to Kuwait amounted to $11,117 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+7.6%).
Price for Winding Wire of Copper in Jordan (CIF) - 2022
The average winding wire of copper import price stood at $10,025 per ton in 2022, dropping by -11.3% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, winding wire of copper import price increased by +77.8% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 38%. As a result, import price reached the peak level of $11,297 per ton, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($10,025 per ton) and Egypt ($10,025 per ton), while the price for India ($10,024 per ton) and Turkey ($10,025 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winding Wire of Copper in Jordan
Winding wire of copper exports from Jordan surged to 9.9K tons in 2022, with an increase of 46% compared with 2021 figures. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper exports soared to $114M in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Winding Wire of Copper in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 18.8 | 30.0 | 36.4 | 103 | 76.3% |
| Kuwait | 2.4 | 1.7 | 12.7 | 10.4 | 63.0% |
| Others | N/A | 0.7 | N/A | 0.2 | -46.5% |
| Total | 21.2 | 32.3 | 49.1 | 114 | 75.2% |
Top Export Markets for Winding Wire of Copper from Jordan in 2022:
- Iraq (9.0K tons)
- Kuwait (0.9K tons)
Imports of Winding Wire of Copper in Jordan
In 2022, overseas purchases of winding wire of coppers were finally on the rise to reach 109 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a sharp slump.
In value terms, winding wire of copper imports expanded modestly to $1.1M in 2022. Over the period under review, imports, however, faced a dramatic descent.
| Import of Winding Wire of Copper in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 2,785 | 725 | 686 | 400 | -47.6% |
| United Arab Emirates | 861 | 628 | 235 | 380 | -23.9% |
| Turkey | 156 | 159 | 38.4 | 279 | 21.4% |
| India | 97.0 | 40.4 | 61.6 | 28.6 | -33.4% |
| China | 72.3 | 16.4 | 2.3 | 3.9 | -62.2% |
| Others | 56.5 | 43.8 | 46.4 | 0.8 | -75.8% |
| Total | 4,028 | 1,612 | 1,070 | 1,093 | -35.3% |
Top Suppliers of Winding Wire of Copper to Jordan in 2022:
- Egypt (40.0 tons)
- United Arab Emirates (37.9 tons)
- Turkey (27.9 tons)
- India (2.9 tons)
- China (0.4 tons)
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