Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan - 2022

Contents:

  1. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan (FOB) - 2022
  2. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan (CIF) - 2022
  3. Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan
  4. Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan (FOB) - 2022

In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $2,422 per ton, declining by -11.4% against the previous year. In general, the export price recorded a slight slump. The pace of growth appeared the most rapid in 2016 an increase of 47%. As a result, the export price attained the peak level of $2,782 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($5,518 per ton), while the average price for exports to Iraq stood at $531 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-7.6%).

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan (CIF) - 2022

The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $6,895 per ton in 2022, picking up by 45% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $7,218 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($48,039 per ton), while the price for Taiwan (Chinese) ($630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan

In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia exported from Jordan was estimated at 353 tons, surging by 1.6% compared with the year before. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 833%. As a result, the exports reached the peak of 625 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia shrank to $855K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,111%. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia35.7967802735174.1%
Iraq72.235614511717.5%
Others1.87.32.93.828.3%
Total1101,33095085598.1%

Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Jordan in 2022:

  1. Iraq (219.7 tons)
  2. Saudi Arabia (133.2 tons)

Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan

In 2022, after two years of decline, there was significant growth in overseas purchases of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, when their volume increased by 197% to 45 tons. Overall, imports, however, recorded a abrupt slump.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $313K in 2022. In general, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea10659.740.918420.2%
Palestine33.519.313.662.823.3%
China17.720.87.629.418.4%
Saudi Arabia6.33.11.97.45.5%
Germany24.410.34.76.9-34.4%
Italy12.83.60.75.5-24.5%
Taiwan (Chinese)1.40.60.31.1-7.7%
Others19.08.63.315.7-6.2%
Total22112672.831312.3%

Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Jordan in 2022:

  1. Palestine (27.4 tons)
  2. Saudi Arabia (8.3 tons)
  3. South Korea (3.8 tons)
  4. China (2.5 tons)
  5. Taiwan (Chinese) (1.8 tons)
  6. Italy (0.3 tons)
  7. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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