Price for Ferrous Waste and Scrap; of Stainless Steel in Jordan - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in Jordan (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Stainless Steel in Jordan (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Stainless Steel in Jordan
- Imports of Ferrous Waste and Scrap; of Stainless Steel in Jordan
Price for Ferrous Waste and Scrap; of Stainless Steel in Jordan (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of stainless steels amounted to $1,814 per ton, growing by 8.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 45%. Over the period under review, the average export prices reached the peak figure at $1,937 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,838 per ton), while the average price for exports to Taiwan (Chinese) ($1,053 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 Singapore (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Stainless Steel in Jordan (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of stainless steels amounted to $1,412 per ton, growing by 34% against the previous year. Over the period under review, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 67%. Over the period under review, average import prices attained the maximum at $1,495 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Brazil ($5,063 per ton), while the price for Italy ($611 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Stainless Steel in Jordan
In 2022, exports of ferrous waste and scrap; of stainless steels from Jordan dropped notably to 2.1K tons, waning by -35% against 2021. Over the period under review, exports, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2021 with an increase of 119%. As a result, the exports reached the peak of 3.3K tons, and then contracted sharply in the following year.
In value terms, exports of ferrous waste and scrap; of stainless steels contracted remarkably to $3.9M in 2022. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 218% against the previous year. As a result, the exports reached the peak of $5.5M, and then reduced rapidly in the following year.
Export of Ferrous Waste and Scrap; of Stainless Steel in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,858 | 1,136 | 4,146 | 2,372 | 8.5% |
Spain | 150 | 160 | 246 | 481 | 47.5% |
China | 114 | 131 | 218 | 366 | 47.5% |
Singapore | 152 | 68.3 | 96.8 | 139 | -2.9% |
Malaysia | 70.8 | 66.7 | 90.9 | 139 | 25.2% |
United Kingdom | 7.2 | 8.9 | 95.4 | 118 | 154.0% |
Taiwan (Chinese) | 19.9 | 26.9 | 33.1 | 41.0 | 27.2% |
United States | N/A | N/A | 444 | N/A | 0% |
Others | 197 | 138 | 147 | 229 | 5.1% |
Total | 2,570 | 1,736 | 5,517 | 3,885 | 14.8% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Jordan in 2022:
- India (1290.4 tons)
- Spain (261.8 tons)
- China (217.3 tons)
- Malaysia (75.8 tons)
- Singapore (75.5 tons)
- United Kingdom (69.7 tons)
- Taiwan (Chinese) (39.0 tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in Jordan
For the third consecutive year, Jordan recorded decline in supplies from abroad of ferrous waste and scrap; of stainless steels, which decreased by -5.2% to 43 tons in 2022. Overall, imports continue to indicate a sharp setback.
In value terms, imports of ferrous waste and scrap; of stainless steels skyrocketed to $60K in 2022. In general, imports faced a abrupt curtailment.
Import of Ferrous Waste and Scrap; of Stainless Steel in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | N/A | 20.9 | 0% |
Italy | 47.6 | 35.2 | 12.8 | 18.1 | -27.6% |
Tunisia | 18.3 | 15.3 | 15.3 | 9.3 | -20.2% |
Morocco | 23.8 | 16.2 | 13.6 | 8.0 | -30.5% |
Others | 9.2 | 6.6 | 5.8 | 4.1 | -23.6% |
Total | 99.0 | 73.3 | 47.6 | 60.4 | -15.2% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Jordan in 2022:
- Italy (29.7 tons)
- Tunisia (6.2 tons)
- Brazil (4.1 tons)
- Morocco (2.6 tons)
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Jordan.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Jordan.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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