Aluminium Wire Price in Jordan - 2022

Aluminium Wire Price in Jordan (CIF) - 2022

In 2022, the average aluminium wire import price amounted to $3,063 per ton, increasing by 9.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 an increase of 35%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 ($3,493 per ton), while the price for Malaysia ($1,481 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 (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Aluminium Wire Price in Jordan (FOB) - 2022

The average aluminium wire export price stood at $6,633 per ton in 2022, with an increase of 49% against the previous year. In general, the export price saw a buoyant expansion. 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 Bahrain ($7,335 per ton), while the average price for exports to Free Zones stood at $6,628 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Wire Imports in Jordan

Aluminium wire imports into Jordan skyrocketed to 8.7K tons in 2022, jumping by 92% against 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium wire imports soared to $27M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium Wire in Jordan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bahrain	2.9	2.0	5.2	16.5	78.5%
United Arab Emirates	3.3	5.2	4.0	4.4	10.1%
Oman	1.1	2.6	2.3	4.3	57.5%
Saudi Arabia	1.1	1.4	0.8	1.0	-3.1%
Others	0.5	0.4	0.3	0.6	6.3%
Total	8.9	11.6	12.7	26.7	44.2%

Top Suppliers of Aluminium Wire to Jordan in 2022:

Bahrain (4.7K tons)
Oman (2.1K tons)
United Arab Emirates (1.2K tons)
Saudi Arabia (0.5K tons)

Aluminium Wire Exports in Jordan

For the fourth year in a row, Jordan recorded growth in overseas shipments of aluminium wires, which increased by 185% to 53 tons in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium wire exports surged to $354K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.