Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan - 2022
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan (CIF) - 2022
In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $3,757 per ton, increasing by 4.1% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira increased by +39.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 34%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Bulgaria ($4,776 per ton), while the price for Greece ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $6,029 per ton, growing by 46% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 87% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($16,535 per ton), while the average price for exports to Saudi Arabia ($3,066 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 Iraq (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan
In 2022, overseas purchases of iron or steel cast fittings, other than of non-malleable cast ira decreased by -14.1% to 793 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira dropped to $3M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 5.8%.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 538 | 431 | 512 | 980 | 22.1% |
| Poland | 186 | 335 | 631 | 632 | 50.3% |
| Japan | 810 | 940 | 720 | 238 | -33.5% |
| Bulgaria | 172 | 143 | 248 | 163 | -1.8% |
| South Korea | 32.1 | 104 | 143 | 143 | 64.5% |
| Italy | 301 | 381 | 79.3 | 122 | -26.0% |
| Slovenia | 27.3 | 205 | 231 | 96.9 | 52.5% |
| Saudi Arabia | 94.8 | 105 | 110 | 85.1 | -3.5% |
| India | 15.3 | 1.3 | 1.8 | 81.8 | 74.9% |
| United Arab Emirates | 255 | 218 | 243 | 74.1 | -33.8% |
| Turkey | 30.1 | 8.1 | 62.2 | 72.3 | 33.9% |
| Greece | 14.5 | 15.5 | 22.0 | 24.3 | 18.8% |
| Others | 575 | 341 | 329 | 267 | -22.6% |
| Total | 3,049 | 3,227 | 3,331 | 2,979 | -0.8% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Jordan in 2022:
- China (296.8 tons)
- Poland (132.3 tons)
- Saudi Arabia (57.0 tons)
- Japan (49.8 tons)
- Bulgaria (34.1 tons)
- South Korea (32.7 tons)
- Slovenia (27.6 tons)
- Italy (25.5 tons)
- Greece (24.3 tons)
- India (17.1 tons)
- United Arab Emirates (15.5 tons)
- Turkey (15.1 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan
For the third consecutive year, Jordan recorded decline in shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira, which decreased by -37.2% to 7.4 tons in 2022. Over the period under review, exports recorded a dramatic decrease.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira reduced to $45K in 2022. Overall, exports saw a dramatic curtailment.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 70.3 | 46.0 | 15.6 | 17.3 | -37.3% |
| Saudi Arabia | 93.2 | 84.6 | 20.8 | 16.8 | -43.5% |
| Free Zones | 119 | 41.7 | 5.1 | 5.0 | -65.2% |
| Syrian Arab Republic | 37.6 | 20.0 | 5.5 | 4.8 | -49.6% |
| Japan | 219 | N/A | N/A | N/A | 0% |
| Others | 4.5 | 3.0 | 1.8 | 0.9 | -41.5% |
| Total | 544 | 195 | 48.8 | 44.8 | -56.5% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Jordan in 2022:
- Saudi Arabia (5.5 tons)
- Iraq (1.0 tons)
- Free Zones (0.5 tons)
- Syrian Arab Republic (0.3 tons)
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