Price for Copper; Bars, Rods and Profiles, of Refined Copper in Jordan - 2022
Contents:
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Jordan (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Refined Copper in Jordan (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Jordan
- Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Jordan
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Jordan (CIF) - 2022
In 2022, the average import price for copper; bars, rods and profiles, of refined coppers amounted to $11,196 per ton, picking up by 4.6% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; bars, rods and profiles, of refined coppers increased by +99.1% against 2016 indices. The growth pace was the most rapid in 2021 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain 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 Turkey ($12,039 per ton), while the price for South Korea ($7,063 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Bars, Rods and Profiles, of Refined Copper in Jordan (FOB) - 2022
In 2022, the average export price for copper; bars, rods and profiles, of refined coppers amounted to $10,810 per ton, with an increase of 13% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 101%. As a result, the export price attained the peak level of $11,431 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($14,793 per ton), while the average price for exports to Lebanon ($10,251 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 (+60.4%).
Imports of Copper; Bars, Rods and Profiles, of Refined Copper in Jordan
In 2022, after three years of growth, there was significant decline in supplies from abroad of copper; bars, rods and profiles, of refined coppers, when their volume decreased by -50.1% to 304 tons. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports attained the peak of 608 tons, and then contracted sharply in the following year.
In value terms, imports of copper; bars, rods and profiles, of refined coppers declined dramatically to $3.4M in 2022. Overall, imports saw a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 67%. As a result, imports reached the peak of $6.5M, and then declined sharply in the following year.
Import of Copper; Bars, Rods and Profiles, of Refined Copper in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 2,658 | 2,749 | 3,815 | 2,036 | -8.5% |
Egypt | 119 | 548 | 1,252 | 857 | 93.1% |
South Korea | 262 | 231 | 299 | 209 | -7.3% |
Thailand | 254 | 89.5 | 198 | 95.8 | -27.7% |
Italy | 90.8 | 75.4 | 88.8 | 64.0 | -11.0% |
Saudi Arabia | 29.4 | 44.0 | 207 | 29.7 | 0.3% |
Turkey | 27.8 | 36.3 | 528 | 4.3 | -46.3% |
Others | 109 | 126 | 126 | 106 | -0.9% |
Total | 3,550 | 3,899 | 6,513 | 3,402 | -1.4% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Refined Copper to Jordan in 2022:
- United Arab Emirates (169.1 tons)
- Egypt (74.4 tons)
- South Korea (29.7 tons)
- Italy (8.6 tons)
- Thailand (8.1 tons)
- Saudi Arabia (2.5 tons)
- Turkey (0.4 tons)
Exports of Copper; Bars, Rods and Profiles, of Refined Copper in Jordan
In 2022, the amount of copper; bars, rods and profiles, of refined coppers exported from Jordan surged to 43 tons, rising by 49% compared with the previous year's figure. In general, exports posted a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of 96% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of copper; bars, rods and profiles, of refined coppers soared to $466K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 211% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Copper; Bars, Rods and Profiles, of Refined Copper in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 270 | 89.3 | 277 | 297 | 3.2% |
Lebanon | N/A | N/A | N/A | 90.8 | 0% |
United States | N/A | N/A | N/A | 78.5 | 0% |
Others | N/A | N/A | 0.8 | 0.1 | -87.5% |
Total | 270 | 89.3 | 278 | 466 | 20.0% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Refined Copper from Jordan in 2022:
- Free Zones (29.0 tons)
- Lebanon (8.9 tons)
- United States (5.3 tons)
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