Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan - 2022
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan (CIF) - 2022
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $5,958 per ton in 2022, growing by 20% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2018 an increase of 99%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Saudi Arabia ($6,440 per ton) and Turkey ($6,285 per ton), while the price for Italy ($5,537 per ton) and Germany ($5,872 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan (FOB) - 2022
The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $6,441 per ton in 2022, increasing by 37% against the previous year. Overall, the export price showed strong growth. The growth pace was the most rapid in 2020 when the average export price increased by 301% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Qatar ($6,481 per ton) and Saudi Arabia ($6,450 per ton), while the average price for exports to Iraq ($5,720 per ton) and Free Zones ($5,969 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 Palestine (+150.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan
In 2022, approx. 204 tons of stainless steel bars and rods, angles, shapes and sectionses were imported into Jordan; increasing by 1.6% against the year before. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 227 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $1.2M in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 39%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 161 | 215 | 160 | 474 | 43.3% |
| India | 110 | 89.8 | 25.7 | 254 | 32.2% |
| Germany | 44.1 | 48.1 | 117 | 214 | 69.3% |
| Italy | 44.4 | 12.4 | 20.2 | 169 | 56.1% |
| Turkey | 105 | 89.8 | 179 | 40.1 | -27.4% |
| Netherlands | 4.0 | N/A | 3.5 | 20.1 | 71.3% |
| Saudi Arabia | N/A | N/A | 88.6 | 10.3 | -88.4% |
| United Arab Emirates | 57.4 | 15.8 | 37.6 | N/A | -19.1% |
| Egypt | 4.5 | 104 | N/A | N/A | 2211.1% |
| Taiwan (Chinese) | 70.2 | 134 | 13.4 | N/A | -56.3% |
| Others | 27.0 | 4.4 | 350 | 33.5 | 7.5% |
| Total | 628 | 713 | 994 | 1,215 | 24.6% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Jordan in 2022:
- China (78.7 tons)
- India (41.7 tons)
- Germany (36.4 tons)
- Italy (30.5 tons)
- Turkey (6.4 tons)
- Netherlands (3.2 tons)
- Saudi Arabia (1.6 tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan
In 2022, shipments abroad of stainless steel bars and rods, angles, shapes and sectionses decreased by -39.9% to 43 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 208% against the previous year. As a result, the exports reached the peak of 98 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses shrank sharply to $278K in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,136% against the previous year. As a result, the exports reached the peak of $556K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | 87.3 | N/A | 176 | 42.0% |
| Qatar | N/A | 128 | 181 | 93.6 | -14.5% |
| Free Zones | N/A | 49.9 | N/A | 4.3 | -70.6% |
| Iraq | N/A | N/A | N/A | 3.9 | 0% |
| Kuwait | N/A | 292 | 136 | N/A | -53.4% |
| Palestine | 33.5 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 3.6 | N/A | 16.6 | N/A | 114.7% |
| Oman | 7.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 3.4 | N/A | 0% |
| Total | 45.0 | 556 | 337 | 278 | 83.5% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Jordan in 2022:
- Saudi Arabia (27.4 tons)
- Qatar (14.4 tons)
- Iraq (0.7 tons)
- Free Zones (0.7 tons)
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