Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan - 2022

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan (CIF) - 2022
  2. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan (FOB) - 2022
  3. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan
  4. Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan (CIF) - 2022

The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $11,342 per ton in 2022, surging by 143% against the previous year. Over the period under review, the import price showed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($32,400 per ton), while the price for the United Arab Emirates ($5,945 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+40.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan (FOB) - 2022

The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $3,007 per ton in 2022, flattening at the previous year. Over the period under review, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 20%. As a result, the export price attained the peak level of $8,115 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2014 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +5.2% per year.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan

In 2022, supplies from abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by 1,540% to 2.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a dramatic descent.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia skyrocketed to $30K in 2022. In general, imports, however, faced a dramatic decline.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.40.1N/A16.1125.7%
United Arab EmiratesN/AN/AN/A12.10%
United Kingdom2.0N/AN/A1.8-3.5%
Saudi Arabia1473.30.3N/A-95.5%
Others1003.10.4N/A-93.7%
Total2516.40.829.9-50.8%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Jordan in 2022:

  1. United Arab Emirates (2032.0 kg)
  2. Turkey (553.0 kg)
  3. United Kingdom (55.0 kg)

Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan

In 2022, shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by 0% to 6.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 284% against the previous year. As a result, the exports attained the peak of 12 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $19K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 264% against the previous year. As a result, the exports attained the peak of $37K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia4.817.0N/A18.757.4%
Free Zones3.6N/AN/AN/A0%
IndiaN/A3.3N/AN/A0%
KuwaitN/A17.1N/AN/A0%
Sudan1.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10.337.5N/A18.722.0%

Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Jordan in 2022:

  1. Saudi Arabia (6.2 tons)

Source: IndexBox Market Intelligence Platform

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