Price for Ferrous Waste and Scrap; of Stainless Steel in Jordan - 2022

Contents:

  1. Price for Ferrous Waste and Scrap; of Stainless Steel in Jordan (FOB) - 2022
  2. Price for Ferrous Waste and Scrap; of Stainless Steel in Jordan (CIF) - 2022
  3. Exports of Ferrous Waste and Scrap; of Stainless Steel in Jordan
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
India1,8581,1364,1462,3728.5%
Spain15016024648147.5%
China11413121836647.5%
Singapore15268.396.8139-2.9%
Malaysia70.866.790.913925.2%
United Kingdom7.28.995.4118154.0%
Taiwan (Chinese)19.926.933.141.027.2%
United StatesN/AN/A444N/A0%
Others1971381472295.1%
Total2,5701,7365,5173,88514.8%

Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Jordan in 2022:

  1. India (1290.4 tons)
  2. Spain (261.8 tons)
  3. China (217.3 tons)
  4. Malaysia (75.8 tons)
  5. Singapore (75.5 tons)
  6. United Kingdom (69.7 tons)
  7. 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)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A20.90%
Italy47.635.212.818.1-27.6%
Tunisia18.315.315.39.3-20.2%
Morocco23.816.213.68.0-30.5%
Others9.26.65.84.1-23.6%
Total99.073.347.660.4-15.2%

Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Jordan in 2022:

  1. Italy (29.7 tons)
  2. Tunisia (6.2 tons)
  3. Brazil (4.1 tons)
  4. Morocco (2.6 tons)

Source: IndexBox Market Intelligence Platform

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