Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Jordan - 2022

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Jordan (CIF) - 2022
  2. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Jordan

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Jordan (CIF) - 2022

The average import price for steel, alloy stood at $550 per ton in 2022, reducing by -17.5% against the previous year. Overall, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 an increase of 48%. Over the period under review, average import prices attained the maximum at $745 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Ukraine ($3,590 per ton), while the price for Saudi Arabia ($417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Jordan

In 2022, the amount of steel, alloy imported into Jordan soared to 7K tons, jumping by 91% on the previous year's figure. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,623%. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steel, alloy skyrocketed to $3.9M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,053%. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3044,0031,9592,963113.6%
Ukraine77.8657387714109.4%
Egypt34.413473.112453.3%
Others9.410934.465.891.3%
Total4254,9032,4543,867108.8%

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Jordan in 2022:

  1. China (6.5K tons)
  2. Ukraine (0.2K tons)
  3. Egypt (0.2K tons)

Source: IndexBox Market Intelligence Platform

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