Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan - 2022

Contents:

  1. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan (CIF) - 2022
  2. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan (FOB) - 2022
  3. Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan
  4. Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan (CIF) - 2022

The average import price for steel alloy wire of materials other than silico-manganese steels stood at $2,153 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 44%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Malaysia ($2,965 per ton), while the price for Syrian Arab Republic ($852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan (FOB) - 2022

In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $2,018 per ton, remaining constant against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 44%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($2,109 per ton), while the average price for exports to Palestine ($1,917 per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan

In 2022, purchases abroad of steel alloy wire of materials other than silico-manganese steels decreased by 0% to 70 tons, falling for the second year in a row after two years of growth. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 720% against the previous year. As a result, imports attained the peak of 171 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels totaled $151K in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 814%. As a result, imports reached the peak of $251K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.970.4N/A49.3157.1%
Saudi Arabia17.668.9N/A44.936.6%
Turkey0.978.4N/A19.0176.4%
South Korea1.77.2N/A11.991.3%
United States0.73.4N/A6.7112.3%
Malaysia1.14.7N/A3.445.7%
France0.52.2N/A2.058.7%
Syrian Arab Republic0.31.5N/A1.467.1%
Others1.713.8N/A12.192.4%
Total27.4251N/A15176.6%

Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Jordan in 2022:

  1. Saudi Arabia (31.0 tons)
  2. China (16.6 tons)
  3. Turkey (6.4 tons)
  4. South Korea (4.3 tons)
  5. United States (2.8 tons)
  6. Syrian Arab Republic (1.6 tons)
  7. France (1.5 tons)
  8. Malaysia (1.1 tons)

Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan

In 2022, shipments abroad of steel alloy wire of materials other than silico-manganese steels decreased by 0% to 14 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 13,965% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of steel alloy wire of materials other than silico-manganese steels amounted to $27K in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 20,118% against the previous year. As a result, the exports attained the peak of $55K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq0.243.2N/A14.8319.8%
Palestine0.19.4N/A11.9391.9%
Free ZonesN/A2.0N/A0.7-40.8%
OthersN/A0.2N/AN/A0%
Total0.354.8N/A27.4350.3%

Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Jordan in 2022:

  1. Iraq (7.0 tons)
  2. Palestine (6.2 tons)
  3. Free Zones (0.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of materials other than high speed or silico-manganese steel - Jordan