Price for Aluminium; Tubes and Pipes in Jordan - 2022

Contents:

  1. Price for Aluminium; Tubes and Pipes in Jordan (CIF) - 2022
  2. Price for Aluminium; Tubes and Pipes in Jordan (FOB) - 2022
  3. Imports of Aluminium; Tubes and Pipes in Jordan
  4. Exports of Aluminium; Tubes and Pipes in Jordan

Price for Aluminium; Tubes and Pipes in Jordan (CIF) - 2022

The average aluminium; tubes and pipes import price stood at $7,445 per ton in 2022, surging by 20% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; tubes and pipes import price increased by +11.6% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 62%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($7,655 per ton) and China ($7,575 per ton), while the price for France ($7,246 per ton) and Turkey ($7,283 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+50.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Tubes and Pipes in Jordan (FOB) - 2022

The average aluminium; tubes and pipes export price stood at $6,741 per ton in 2022, growing by 15% against the previous year. Over the period under review, the export price saw a strong expansion. The growth pace was the most rapid in 2016 when the average export price increased by 194%. As a result, the export price reached the peak level of $9,246 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($6,747 per ton), while the average price for exports to Saudi Arabia totaled $6,739 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Tubes and Pipes in Jordan

In 2022, purchases abroad of aluminium; tubes and pipeses decreased by -13.6% to 70 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 18%. As a result, imports attained the peak of 123 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aluminium; tubes and pipes imports rose slightly to $521K in 2022. In general, imports recorded a abrupt downturn.

Import of Aluminium; Tubes and Pipes in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12647624228030.5%
Turkey42.615.68.815453.5%
FranceN/A7.3N/A64.6197.5%
India26922.5N/A17.7-59.6%
Free Zones8.726.1N/AN/A200.0%
Italy2.70.886.3N/A465.4%
Netherlands34.9N/A109N/A76.7%
Others21297.455.94.4-72.5%
Total696646502521-9.2%

Top Suppliers of Aluminium; Tubes and Pipes to Jordan in 2022:

  1. China (37.0 tons)
  2. Turkey (21.1 tons)
  3. France (8.9 tons)
  4. India (2.3 tons)

Exports of Aluminium; Tubes and Pipes in Jordan

In 2022, the amount of aluminium; tubes and pipeses exported from Jordan shrank remarkably to 1.1 tons, waning by -96.4% against the previous year. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 11,690%. As a result, the exports attained the peak of 32 tons, and then shrank significantly in the following year.

In value terms, aluminium; tubes and pipes exports reduced sharply to $7.6K in 2022. In general, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 12,347%. As a result, the exports attained the peak of $185K, and then fell sharply in the following year.

Export of Aluminium; Tubes and Pipes in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A5.60%
Free ZonesN/A1.51852.015.5%
Palestine13.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13.41.51857.6-17.2%

Top Export Markets for Aluminium; Tubes and Pipes from Jordan in 2022:

  1. Saudi Arabia (836.0 kg)
  2. Free Zones (296.0 kg)

Source: IndexBox Market Intelligence Platform

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