Price for Zinc; Plates, Sheets, Strip and Foil in Jordan - 2022

Price for Zinc; Plates, Sheets, Strip and Foil in Jordan (CIF) - 2022

The average import price for zinc; plates, sheets, strip and foils stood at $4,940 per ton in 2022, growing by 15% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 181%. Over the period under review, average import prices hit record highs at $6,753 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.4% per year.

Imports of Zinc; Plates, Sheets, Strip and Foil in Jordan

For the fourth year in a row, Jordan recorded growth in overseas purchases of zinc; plates, sheets, strip and foils, which increased by 11% to 4.3 tons in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of zinc; plates, sheets, strip and foils surged to $21K in 2022. In general, imports posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.