Jordan: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in Jordan

The Jordanian aluminium alloy tube market contracted modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Aluminium Alloy Tube Production in Jordan

In value terms, aluminium alloy tube production dropped to $X in 2022 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X%. Aluminium alloy tube production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Aluminium Alloy Tube Exports

Exports from Jordan

Aluminium alloy tube exports from Jordan shrank markedly to X tons in 2022, falling by X% on the previous year's figure. Overall, exports continue to indicate a mild slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, aluminium alloy tube exports dropped markedly to $X in 2022. Over the period under review, exports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Palestine (X tons) was the main destination for aluminium alloy tube exports from Jordan, accounting for a X% share of total exports. Moreover, aluminium alloy tube exports to Palestine exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Palestine stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Free Zones (X% per year).

In value terms, Palestine ($X) remains the key foreign market for aluminium alloy tubes and pipes exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Palestine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Free Zones (X% per year).

Export Prices by Country

In 2022, the average aluminium alloy tube export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, saw a dramatic contraction. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($X per ton), while the average price for exports to Free Zones ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced a decline.

Aluminium Alloy Tube Imports

Imports into Jordan

In 2022, approx. X tons of aluminium alloy tubes and pipes were imported into Jordan; which is down by X% compared with 2021 figures. Overall, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, aluminium alloy tube imports shrank sharply to $X in 2022. In general, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of aluminium alloy tube imports to Jordan, with a combined X% share of total imports. South Korea, Lebanon, the United States, Taiwan (Chinese), Egypt and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the Netherlands ($X) and South Korea ($X) were the largest aluminium alloy tube suppliers to Jordan, together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium alloy tube import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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