Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan - 2022

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan (FOB) - 2022
  2. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan (CIF) - 2022
  3. Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan
  4. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan (FOB) - 2022

In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $847 per ton, remaining constant against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 126%. The export price peaked at $956 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +0.7% per year.

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan (CIF) - 2022

The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $602 per ton in 2022, leveling off at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. As a result, import price attained the peak level of $628 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 Saudi Arabia ($1,313 per ton), while the price for China totaled $596 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%).

Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan

In 2022, after three years of growth, there was decline in overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses, when their volume decreased by -0.2% to 3.1K tons. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 1.2% against the previous year.

In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses reduced modestly to $2.6M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 1.4% against the previous year.

Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel2.62.62.62.60.0%
OthersN/AN/AN/AN/A0%
Total2.62.62.62.60.0%

Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Jordan in 2022:

  1. Israel (3.1K tons)

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan

In 2022, purchases abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -17.8% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 123% against the previous year.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses declined markedly to $1.5M in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 135% against the previous year.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1431,0911,7991,471117.5%
Spain307N/AN/AN/A0%
Others45.573.134.028.2-14.7%
Total4951,1641,8331,49944.7%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Jordan in 2022:

  1. China (2.5K tons)

Source: IndexBox Market Intelligence Platform

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