Price for Copper; Refined, Unwrought, Billets in Jordan - 2022

Contents:

  1. Price for Copper; Refined, Unwrought, Billets in Jordan (FOB) - 2022
  2. Price for Copper; Refined, Unwrought, Billets in Jordan (CIF) - 2022
  3. Exports of Copper; Refined, Unwrought, Billets in Jordan
  4. Imports of Copper; Refined, Unwrought, Billets in Jordan

Price for Copper; Refined, Unwrought, Billets in Jordan (FOB) - 2022

In 2022, the average copper; refined, unwrought, billets export price amounted to $18,593 per ton, with a decrease of -17.8% against the previous year. Overall, the export price continues to indicate a dramatic downturn. The pace of growth was the most pronounced in 2020 an increase of 278% against the previous year. The export price peaked at $199,289 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -21.1% per year.

Price for Copper; Refined, Unwrought, Billets in Jordan (CIF) - 2022

The average copper; refined, unwrought, billets import price stood at $3,474 per ton in 2022, with an increase of 21% against the previous year. In general, the import price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $10,158 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($4,812 per ton), while the price for Germany stood at $1,912 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-6.2%).

Exports of Copper; Refined, Unwrought, Billets in Jordan

In 2022, exports of copper; refined, unwrought, billetses from Jordan dropped dramatically to 376 kg, waning by -64.6% on 2021 figures. Overall, exports showed a precipitous shrinkage. The smallest decline of -5.1% was in 2021.

In value terms, copper; refined, unwrought, billets exports contracted sharply to $7K in 2022. In general, exports recorded a sharp curtailment. The smallest decline of -39.2% was in 2021.

Export of Copper; Refined, Unwrought, Billets in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy60.339.524.07.0-51.2%
Free Zones48.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10939.524.07.0-60.0%

Top Export Markets for Copper; Refined, Unwrought, Billets from Jordan in 2022:

  1. Italy (376.0 kg)

Imports of Copper; Refined, Unwrought, Billets in Jordan

In 2022, after three years of growth, there was significant decline in supplies from abroad of copper; refined, unwrought, billetses, when their volume decreased by -17.1% to 247 kg. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of 298 kg, and then dropped dramatically in the following year.

In value terms, copper; refined, unwrought, billets imports totaled $858 in 2022. The total import value increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports attained the peak of $864. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Copper; Refined, Unwrought, Billets in Jordan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6268648536400.7%
GermanyN/AN/AN/A1090%
OthersN/AN/AN/A1090%
Total62686485385811.1%

Top Suppliers of Copper; Refined, Unwrought, Billets to Jordan in 2022:

  1. Turkey (133.0 kg)
  2. Germany (57.0 kg)

Source: IndexBox Market Intelligence Platform

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