Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan - 2022

Contents:

1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan (CIF) - 2022
2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan (FOB) - 2022
3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan
4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan (CIF) - 2022

In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $11,172 per ton, surging by 2.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 16% against the previous year. The import price peaked at $11,251 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($11,266 per ton) and India ($11,260 per ton), while the price for the United States ($11,098 per ton) and Germany ($11,105 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan (FOB) - 2022

In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $23,371 per ton, growing by 15% against the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 60%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($23,389 per ton) and Bahrain ($23,380 per ton), while the average price for exports to Italy ($23,367 per ton) and the United Arab Emirates ($23,368 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 (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan

Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Jordan skyrocketed to 794 tons in 2022, jumping by 19% compared with the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $8.9M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Jordan in 2022:

1. Italy (521.5 tons)
2. China (100.8 tons)
3. United States (70.0 tons)
4. Germany (57.5 tons)
5. India (16.3 tons)
6. United Kingdom (11.0 tons)
7. Turkey (8.0 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Jordan

In 2022, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Jordan skyrocketed to 13 tons, jumping by 214% on the previous year. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 280% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $298K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 341% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Jordan in 2022:

1. Free Zones (7.6 tons)
2. United Arab Emirates (3.1 tons)
3. Italy (0.7 tons)
4. Saudi Arabia (0.6 tons)
5. Bahrain (0.4 tons)
6. Canada (0.3 tons)

Source: IndexBox Market Intelligence Platform