Price for Copper Alloy Tube or Pipe Fitting in Jordan - 2022

Contents:

1. Price for Copper Alloy Tube or Pipe Fitting in Jordan (CIF) - 2022
2. Price for Copper Alloy Tube or Pipe Fitting in Jordan (FOB) - 2022
3. Imports of Copper Alloy Tube or Pipe Fitting in Jordan
4. Exports of Copper Alloy Tube or Pipe Fitting in Jordan

Price for Copper Alloy Tube or Pipe Fitting in Jordan (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $10,667 per ton, shrinking by -1.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $10,852 per ton, and then declined modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($10,671 per ton) and India ($10,670 per ton), while the price for Italy ($10,670 per ton) and Germany ($10,670 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Jordan (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $23,371 per ton, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2019 an increase of 38% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($23,389 per ton) and Bahrain ($23,380 per ton), while the average price for exports to Italy ($23,367 per ton) and the United Arab Emirates ($23,368 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Jordan

In 2022, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Jordan soared to 745 tons, jumping by 24% on the previous year. Overall, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys soared to $7.9M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Jordan in 2022:

1. Italy (493.0 tons)
2. China (110.4 tons)
3. United States (53.5 tons)
4. Germany (44.9 tons)
5. India (18.4 tons)
6. Turkey (9.2 tons)
7. United Kingdom (6.0 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Jordan

In 2022, shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys was finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys skyrocketed to $298K in 2022. In general, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper Alloy Tube or Pipe Fitting from Jordan in 2022:

1. Free Zones (7.6 tons)
2. United Arab Emirates (3.1 tons)
3. Italy (0.7 tons)
4. Saudi Arabia (0.6 tons)
5. Bahrain (0.4 tons)
6. Canada (0.3 tons)

Source: IndexBox Market Intelligence Platform