Price for Copper Plates, Sheets and Strip in Jordan - 2022
Contents:
- Price for Copper Plates, Sheets and Strip in Jordan (CIF) - 2022
- Price for Copper Plates, Sheets and Strip in Jordan (FOB) - 2022
- Imports of Copper Plates, Sheets and Strip in Jordan
- Exports of Copper Plates, Sheets and Strip in Jordan
Price for Copper Plates, Sheets and Strip in Jordan (CIF) - 2022
In 2022, the average import price for copper plates, sheets and strips amounted to $11,166 per ton, rising by 11% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper plates, sheets and strip import price increased by +55.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 41% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
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 Saudi Arabia ($14,693 per ton), while the price for Egypt ($9,196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Plates, Sheets and Strip in Jordan (FOB) - 2022
In 2022, the average export price for copper plates, sheets and strips amounted to $13,523 per ton, surging by 22% against the previous year. Over the period under review, the export price posted prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 64%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($23,035 per ton), while the average price for exports to Free Zones ($8,694 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 Iraq (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Plates, Sheets and Strip in Jordan
In 2022, overseas purchases of copper plates, sheets and strips were finally on the rise to reach 297 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a perceptible setback.
In value terms, copper plates, sheets and strip imports skyrocketed to $3.3M in 2022. Over the period under review, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Copper Plates, Sheets and Strip in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 576 | 611 | 644 | 1,476 | 36.8% |
| China | 878 | 47.1 | 56.5 | 938 | 2.2% |
| Netherlands | 10.0 | 24.3 | 41.7 | 185 | 164.5% |
| Germany | 150 | 10.6 | 37.5 | 132 | -4.2% |
| Thailand | 321 | 33.7 | 53.9 | 130 | -26.0% |
| Saudi Arabia | 100 | 43.8 | 48.8 | 118 | 5.7% |
| Turkey | 26.6 | 22.2 | 21.5 | 84.1 | 46.8% |
| United Kingdom | 106 | 26.9 | 16.3 | 79.8 | -9.0% |
| India | 132 | 55.7 | 39.8 | 63.2 | -21.8% |
| United Arab Emirates | 107 | 31.8 | 7.6 | 28.7 | -35.5% |
| Bulgaria | 89.0 | 11.4 | 16.1 | 20.9 | -38.3% |
| Kuwait | 7.3 | 2.6 | 2.4 | 4.9 | -12.4% |
| Others | 45.5 | 12.3 | 15.1 | 51.8 | 4.4% |
| Total | 2,549 | 934 | 1,002 | 3,313 | 9.1% |
Top Suppliers of Copper Plates, Sheets and Strip to Jordan in 2022:
- Egypt (160.5 tons)
- China (65.7 tons)
- Netherlands (14.3 tons)
- Germany (9.2 tons)
- Thailand (9.1 tons)
- Saudi Arabia (8.1 tons)
- Turkey (5.9 tons)
- United Kingdom (5.6 tons)
- Kuwait (5.4 tons)
- India (5.2 tons)
- United Arab Emirates (2.3 tons)
- Bulgaria (1.7 tons)
Exports of Copper Plates, Sheets and Strip in Jordan
In 2022, shipments abroad of copper plates, sheets and strips decreased by -94% to 4.7 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 174% against the previous year. As a result, the exports reached the peak of 99 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, copper plates, sheets and strip exports dropped notably to $64K in 2022. In general, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 153%.
| Export of Copper Plates, Sheets and Strip in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 104 | 252 | 305 | 22.8 | -39.7% |
| Kuwait | 81.7 | 212 | 274 | 21.8 | -35.6% |
| Free Zones | 69.3 | 171 | 210 | 16.0 | -38.7% |
| Saudi Arabia | 34.0 | 102 | 81.5 | 3.5 | -53.1% |
| Others | 2.4 | 0.9 | 1.1 | 0.1 | -65.3% |
| Total | 291 | 738 | 871 | 64.2 | -39.6% |
Top Export Markets for Copper Plates, Sheets and Strip from Jordan in 2022:
- Free Zones (1835.0 kg)
- Kuwait (1700.0 kg)
- Iraq (990.0 kg)
- Saudi Arabia (222.0 kg)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Jordan.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
