Price for Cutlery; Other than Plated with Precious Metal in Jordan - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Jordan (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Jordan (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Jordan
- Exports of Cutlery; Other than Plated with Precious Metal in Jordan
Price for Cutlery; Other than Plated with Precious Metal in Jordan (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $13,163 per ton in 2022, with an increase of 22% against the previous year. Overall, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 81% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady 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 Germany ($13,164 per ton) and Vietnam ($13,163 per ton), while the price for Thailand ($13,163 per ton) and Turkey ($13,163 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in Jordan (FOB) - 2022
The average export price for cutlery; other than plated with precious metals stood at $10,366 per ton in 2022, surging by 2.4% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 91% against the previous year. The export price peaked at $27,089 per ton in 2015; however, from 2016 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 Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +68.4% per year.
Imports of Cutlery; Other than Plated with Precious Metal in Jordan
In 2022, overseas purchases of cutlery; other than plated with precious metals were finally on the rise to reach 212 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of cutlery; other than plated with precious metals soared to $2.8M in 2022. Overall, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cutlery; Other than Plated with Precious Metal in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 649 | 474 | 1,029 | 1,544 | 33.5% |
| Egypt | 180 | 257 | 74.5 | 463 | 37.0% |
| India | 39.7 | 20.7 | 50.9 | 181 | 65.8% |
| Vietnam | 72.8 | 72.3 | 83.7 | 166 | 31.6% |
| Turkey | 44.5 | 193 | 44.4 | 135 | 44.8% |
| Thailand | N/A | N/A | N/A | 60.2 | 0% |
| Germany | 594 | 51.8 | 31.6 | 58.1 | -53.9% |
| Others | 178 | 126 | 76.4 | 185 | 1.3% |
| Total | 1,758 | 1,194 | 1,390 | 2,793 | 16.7% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Jordan in 2022:
- China (117.3 tons)
- Egypt (35.2 tons)
- India (13.7 tons)
- Vietnam (12.6 tons)
- Turkey (10.3 tons)
- Thailand (4.6 tons)
- Germany (4.4 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Jordan
For the third consecutive year, Jordan recorded decline in shipments abroad of cutlery; other than plated with precious metals, which decreased by -98.2% to 41 kg in 2022. Overall, exports showed a precipitous decline. The smallest decline of -23.9% was in 2021.
In value terms, exports of cutlery; other than plated with precious metals contracted markedly to $425 in 2022. In general, exports saw a sharp shrinkage. The smallest decline of -6.1% was in 2021.
| Export of Cutlery; Other than Plated with Precious Metal in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 38.8 | 11.4 | 17.3 | 0.4 | -78.2% |
| Iraq | 7.3 | N/A | N/A | N/A | 0% |
| China | 3.0 | N/A | N/A | N/A | 0% |
| Egypt | N/A | 10.0 | 6.0 | N/A | -40.0% |
| Saudi Arabia | 13.6 | N/A | N/A | N/A | 0% |
| Others | N/A | 3.4 | N/A | N/A | 0% |
| Total | 62.7 | 24.8 | 23.2 | 0.4 | -81.5% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Jordan in 2022:
- Free Zones (41.0 kg)
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