Price for Ferrous Waste and Scrap; of Cast Iron in Jordan - 2022

Contents:

  1. Price for Ferrous Waste and Scrap; of Cast Iron in Jordan (CIF) - 2022
  2. Price for Ferrous Waste and Scrap; of Cast Iron in Jordan (FOB) - 2022
  3. Imports of Ferrous Waste and Scrap; of Cast Iron in Jordan
  4. Exports of Ferrous Waste and Scrap; of Cast Iron in Jordan

Price for Ferrous Waste and Scrap; of Cast Iron in Jordan (CIF) - 2022

The average import price for ferrous waste and scrap; of cast ira stood at $457 per ton in 2022, approximately equating the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 66% against the previous year. Over the period under review, average import prices attained the peak figure at $497 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Aruba ($457 per ton), while the price for Free Zones stood at $457 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+4.5%), while the prices for the other major suppliers experienced a decline.

Price for Ferrous Waste and Scrap; of Cast Iron in Jordan (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $433 per ton, leveling off at the previous year. In general, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2018 an increase of 258%. Over the period under review, the average export prices hit record highs at $435 per ton in 2021, and then shrank slightly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($433 per ton) and Taiwan (Chinese) ($433 per ton), while the average price for exports to Pakistan ($433 per ton) and Turkey ($433 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 India (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ferrous Waste and Scrap; of Cast Iron in Jordan

In 2022, the amount of ferrous waste and scrap; of cast ira imported into Jordan soared to 16K tons, increasing by 354% on 2021. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ferrous waste and scrap; of cast ira skyrocketed to $7.4M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ferrous Waste and Scrap; of Cast Iron in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba1.22.11.37.180.9%
Free Zones0.60.40.30.3-20.6%
Others0.1N/A0.1N/A0.0%
Total1.92.51.67.457.3%

Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Jordan in 2022:

  1. Aruba (15.6K tons)
  2. Free Zones (0.6K tons)

Exports of Ferrous Waste and Scrap; of Cast Iron in Jordan

In 2022, after two years of decline, there was significant growth in overseas shipments of ferrous waste and scrap; of cast ira, when their volume increased by 5,320% to 6K tons. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of ferrous waste and scrap; of cast ira soared to $2.6M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ferrous Waste and Scrap; of Cast Iron in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India53218048.02,36964.5%
Taiwan (Chinese)N/AN/AN/A1110%
Pakistan25.053.8N/A47.423.8%
TurkeyN/AN/AN/A40.40%
United Arab Emirates42.3N/AN/AN/A0%
Others1.8N/AN/A21.2127.5%
Total60223448.02,58962.6%

Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Jordan in 2022:

  1. India (5.5K tons)
  2. Taiwan (Chinese) (0.3K tons)
  3. Turkey (0.1K tons)
  4. Pakistan (0.1K tons)

Source: IndexBox Market Intelligence Platform

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