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Jordan - Iron or Steel Wire Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Wire Product in Jordan - 2022
Contents:
- Price for Iron or Steel Wire Product in Jordan (CIF) - 2022
- Price for Iron or Steel Wire Product in Jordan (FOB) - 2022
- Imports of Iron or Steel Wire Product in Jordan
- Exports of Iron or Steel Wire Product in Jordan
Price for Iron or Steel Wire Product in Jordan (CIF) - 2022
In 2022, the average import price for iron or steel wire products amounted to $3,801 per ton, surging by 4.6% against the previous year. In general, the import price posted buoyant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 49%. The import price peaked at $4,164 per ton in 2020; however, from 2021 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 highest price was recorded for prices from Slovakia ($3,803 per ton) and Bahrain ($3,801 per ton), while the price for the United Arab Emirates ($3,798 per ton) and China ($3,801 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Wire Product in Jordan (FOB) - 2022
The average export price for iron or steel wire products stood at $3,218 per ton in 2022, dropping by -48.9% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2020 an increase of 180% against the previous year. As a result, the export price reached the peak level of $8,643 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
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 Saudi Arabia ($3,277 per ton), while the average price for exports to the United Arab Emirates ($550 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 Saudi Arabia (+12.3%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel Wire Product in Jordan
In 2022, supplies from abroad of iron or steel wire products decreased by -18.7% to 335 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39%. As a result, imports attained the peak of 445 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, iron or steel wire product imports shrank rapidly to $1.3M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 90% against the previous year. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Iron or Steel Wire Product in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 116 | 521 | 639 | 495 | 62.2% |
Italy | 183 | 80.0 | 82.9 | 156 | -5.2% |
Syrian Arab Republic | N/A | N/A | N/A | 145 | 0% |
Thailand | N/A | N/A | N/A | 107 | 0% |
Bahrain | N/A | N/A | 58.6 | 88.3 | 50.7% |
Turkey | 27.3 | 17.4 | 51.5 | 67.8 | 35.4% |
Egypt | 4.0 | 2.1 | 57.3 | 53.7 | 137.7% |
United Kingdom | N/A | 94.2 | 36.8 | 53.4 | -24.7% |
United Arab Emirates | 84.7 | 18.4 | 69.1 | 2.2 | -70.4% |
India | 425 | 30.1 | 91.5 | 0.6 | -88.8% |
Serbia | N/A | 103 | 24.7 | N/A | -76.0% |
Saudi Arabia | 43.1 | N/A | 29.7 | N/A | -17.0% |
Others | 91.1 | 988 | 357 | 103 | 4.2% |
Total | 974 | 1,854 | 1,499 | 1,274 | 9.4% |
Top Suppliers of Iron or Steel Wire Product to Jordan in 2022:
- China (130.2 tons)
- Italy (41.1 tons)
- Syrian Arab Republic (38.3 tons)
- Thailand (28.3 tons)
- Bahrain (23.2 tons)
- Turkey (17.8 tons)
- Egypt (14.1 tons)
- United Kingdom (14.1 tons)
- United Arab Emirates (0.6 tons)
- India (0.2 tons)
Exports of Iron or Steel Wire Product in Jordan
In 2022, exports of iron or steel wire products from Jordan surged to 85 tons, increasing by 21% against 2021. In general, exports, however, continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2021 when exports increased by 29%.
In value terms, iron or steel wire product exports fell remarkably to $275K in 2022. Over the period under review, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, the exports reached the peak of $472K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Iron or Steel Wire Product in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 213 | 467 | 445 | 221 | 1.2% |
Israel | N/A | N/A | N/A | 37.2 | 0% |
Saudi Arabia | N/A | N/A | N/A | 15.9 | 0% |
United Arab Emirates | 79.1 | 3.7 | 0.3 | 1.0 | -76.7% |
Others | 12.0 | 0.8 | N/A | N/A | -93.3% |
Total | 304 | 472 | 445 | 275 | -3.3% |
Top Export Markets for Iron or Steel Wire Product from Jordan in 2022:
- Free Zones (67.4 tons)
- Israel (11.4 tons)
- Saudi Arabia (4.9 tons)
- United Arab Emirates (1.9 tons)
This report provides an in-depth analysis of the market for iron or steel wire product in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992925 - Finished products of iron/steel wire, snares, traps, etc., fodder ties, animal nose rings, mattress hooks, butchers
Country coverage:
- Jordan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Jordan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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