Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan - 2022
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan (CIF) - 2022
In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $1,163 per ton, with an increase of 52% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue 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 Spain ($1,416 per ton), while the price for India ($854 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan (FOB) - 2022
The average export price for tubes, pipes and hollow profiles, of cast iron stood at $1,592 per ton in 2022, jumping by 26% against the previous year. In general, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 an increase of 63%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($1,592 per ton) and Saudi Arabia ($1,592 per ton), while the average price for exports to Kuwait ($1,592 per ton) and Free Zones ($1,592 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan
In 2022, the amount of tubes, pipes and hollow profiles, of cast iron imported into Jordan surged to 16K tons, growing by 22% on the previous year's figure. Overall, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $18M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.0 | 2.8 | 0.2 | 9.1 | 108.8% |
| United Arab Emirates | 6.8 | 0.9 | 2.5 | 4.8 | -11.0% |
| India | 7.2 | 1.8 | 3.3 | 3.9 | -18.5% |
| Spain | N/A | N/A | N/A | 0.3 | 0% |
| Saudi Arabia | 2.0 | 0.9 | 2.8 | N/A | 18.3% |
| Others | 1.1 | N/A | 1.1 | 0.2 | -43.3% |
| Total | 18.1 | 6.4 | 9.9 | 18.3 | 0.4% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Jordan in 2022:
- China (6.4K tons)
- India (4.5K tons)
- United Arab Emirates (4.4K tons)
- Spain (0.2K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan
For the fourth consecutive year, Jordan recorded growth in shipments abroad of tubes, pipes and hollow profiles, of cast iron, which increased by 33% to 11K tons in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron soared to $17M in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 93%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.5 | 4.0 | 8.6 | 15.2 | 63.2% |
| Kuwait | N/A | N/A | 0.8 | 0.6 | -25.0% |
| Palestine | 0.4 | N/A | 0.2 | 0.5 | 7.7% |
| Free Zones | 0.1 | 0.1 | 0.4 | 0.4 | 58.7% |
| United Kingdom | N/A | 1.0 | N/A | N/A | 0% |
| United Arab Emirates | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Total | 4.6 | 5.2 | 10.0 | 16.8 | 54.0% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Jordan in 2022:
- Saudi Arabia (9.6K tons)
- Kuwait (0.4K tons)
- Palestine (0.3K tons)
- Free Zones (0.2K tons)
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Jordan.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Jordan.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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