Price for Wire of Other Alloy Steel in Jordan - 2022
Contents:
- Price for Wire of Other Alloy Steel in Jordan (CIF) - 2022
- Price for Wire of Other Alloy Steel in Jordan (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Jordan
- Exports of Wire of Other Alloy Steel in Jordan
Price for Wire of Other Alloy Steel in Jordan (CIF) - 2022
The average import price for wire of other alloy steels stood at $1,996 per ton in 2022, picking up by 22% against the previous year. Over the period under review, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($2,153 per ton) and Egypt ($2,153 per ton), while the price for Poland ($1,812 per ton) and China ($1,977 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Jordan (FOB) - 2022
In 2022, the average export price for wire of other alloy steels amounted to $1,854 per ton, with an increase of 14% against the previous year. Over the period from 2019 to 2022, it increased at an average annual rate of +9.8%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44% against the previous year. As a result, the export price reached the peak level of $2,018 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($1,937 per ton), while the average price for exports to Palestine ($1,761 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wire of Other Alloy Steel in Jordan
Wire of other alloy steel imports into Jordan skyrocketed to 129 tons in 2022, rising by 30% on the previous year. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 253% against the previous year. As a result, imports attained the peak of 187 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wire of other alloy steel imports surged to $258K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 375%. As a result, imports attained the peak of $269K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Wire of Other Alloy Steel in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 75.3 | 40.9 | 189 | 198.6% |
| Turkey | 18.7 | 73.3 | 21.2 | 50.3 | 39.1% |
| Malaysia | 0.7 | 2.8 | 2.5 | 6.8 | 113.4% |
| Poland | N/A | N/A | N/A | 6.1 | 0% |
| Egypt | 0.3 | 1.2 | 1.4 | 5.8 | 168.4% |
| Netherlands | 1.9 | 6.1 | 4.6 | N/A | 55.6% |
| Saudi Arabia | 20.8 | 64.4 | 46.7 | N/A | 49.8% |
| Others | 7.2 | 46.2 | 45.4 | N/A | 151.1% |
| Total | 56.7 | 269 | 163 | 258 | 65.7% |
Top Suppliers of Wire of Other Alloy Steel to Jordan in 2022:
- China (95.8 tons)
- Turkey (24.4 tons)
- Poland (3.4 tons)
- Malaysia (3.2 tons)
- Egypt (2.7 tons)
Exports of Wire of Other Alloy Steel in Jordan
In 2022, approx. 24 tons of wire of other alloy steels were exported from Jordan; increasing by 18% against 2021. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 13,893%. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, wire of other alloy steel exports soared to $44K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 20,044% against the previous year. As a result, the exports reached the peak of $55K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Wire of Other Alloy Steel in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 0.2 | 42.1 | 9.8 | 23.2 | 387.7% |
| Palestine | 0.1 | 9.2 | 20.7 | 18.7 | 471.8% |
| Free Zones | N/A | 1.9 | 1.9 | 1.7 | -5.4% |
| Turkey | N/A | 1.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.3 | 54.8 | 32.4 | 43.6 | 425.8% |
Top Export Markets for Wire of Other Alloy Steel from Jordan in 2022:
- Iraq (12.0 tons)
- Palestine (10.6 tons)
- Free Zones (0.9 tons)
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