Price for Tube or Pipe Flanges of Stainless Steel in Jordan - 2022

Contents:

  1. Price for Tube or Pipe Flanges of Stainless Steel in Jordan (CIF) - 2022
  2. Price for Tube or Pipe Flanges of Stainless Steel in Jordan (FOB) - 2022
  3. Imports of Tube or Pipe Flanges of Stainless Steel in Jordan
  4. Exports of Tube or Pipe Flanges of Stainless Steel in Jordan

Price for Tube or Pipe Flanges of Stainless Steel in Jordan (CIF) - 2022

In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $14,212 per ton, rising by 23% against the previous year. In general, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 73% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady 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 the Netherlands ($79,643 per ton), while the price for the United Arab Emirates ($6,095 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 (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Flanges of Stainless Steel in Jordan (FOB) - 2022

The average export price for tube or pipe flanges of stainless steels stood at $11,670 per ton in 2022, approximately mirroring the previous year. Overall, the export price showed a mild increase. The pace of growth appeared the most rapid in 2018 an increase of 146%. Over the period under review, the average export prices attained the peak figure at $14,818 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($87,000 per ton), while the average price for exports to the United Arab Emirates totaled $9,978 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+16.0%), while the prices for the other major destinations experienced a decline.

Imports of Tube or Pipe Flanges of Stainless Steel in Jordan

For the third consecutive year, Jordan recorded decline in supplies from abroad of tube or pipe flanges of stainless steels, which decreased by -5.7% to 19 tons in 2022. In general, imports showed a sharp contraction.

In value terms, imports of tube or pipe flanges of stainless steels skyrocketed to $264K in 2022. Over the period under review, imports saw a abrupt downturn.

Import of Tube or Pipe Flanges of Stainless Steel in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15815830.467.3-24.8%
Italy9.13.239.454.681.7%
Canada13.116.920.730.132.0%
United Arab Emirates9.011.317.524.940.4%
India22.714.13.024.01.9%
Turkey64.820.454.119.3-33.2%
Czech Republic10.219.06.110.71.6%
United States10.434.016.43.1-33.2%
Others44.345.640.629.8-12.4%
Total342322228264-8.3%

Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Jordan in 2022:

  1. China (4.2 tons)
  2. United Arab Emirates (4.1 tons)
  3. Italy (3.4 tons)
  4. Canada (1.9 tons)
  5. Turkey (1.2 tons)
  6. Czech Republic (1.0 tons)
  7. India (1.0 tons)
  8. United States (0.2 tons)

Exports of Tube or Pipe Flanges of Stainless Steel in Jordan

For the third consecutive year, Jordan recorded decline in overseas shipments of tube or pipe flanges of stainless steels, which decreased by -20.2% to 91 kg in 2022. Overall, exports recorded a dramatic contraction.

In value terms, exports of tube or pipe flanges of stainless steels reduced dramatically to $1.1K in 2022. Over the period under review, exports continue to indicate a significant decline.

Export of Tube or Pipe Flanges of Stainless Steel in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12.46.90.80.9-58.3%
Free Zones4.01.90.20.2-63.2%
OthersN/A0.20.4N/A100.0%
Total16.48.91.31.1-59.4%

Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Jordan in 2022:

  1. United Arab Emirates (89.0 kg)
  2. Free Zones (2.0 kg)

Source: IndexBox Market Intelligence Platform

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