Price for Nickel; Bars, Rods, Profiles and Wire in Jordan - 2022

Contents:

  1. Price for Nickel; Bars, Rods, Profiles and Wire in Jordan (CIF) - 2022
  2. Price for Nickel; Bars, Rods, Profiles and Wire in Jordan (FOB) - 2022
  3. Imports of Nickel; Bars, Rods, Profiles and Wire in Jordan
  4. Exports of Nickel; Bars, Rods, Profiles and Wire in Jordan

Price for Nickel; Bars, Rods, Profiles and Wire in Jordan (CIF) - 2022

In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $40,136 per ton, with an increase of 18% against the previous year. In general, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42%. Over the period under review, average import prices reached the maximum at $47,234 per ton in 2018; however, from 2019 to 2022, 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 the Netherlands ($109,043 per ton), while the price for the UK ($32,275 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 (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Bars, Rods, Profiles and Wire in Jordan (FOB) - 2022

In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $21,764 per ton, reducing by -48.8% against the previous year. Overall, the export price, however, continues to indicate notable growth. The growth pace was the most rapid in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices reached the peak figure at $68,893 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($34,778 per ton), while the average price for exports to Taiwan (Chinese) totaled $21,262 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+8.6%).

Imports of Nickel; Bars, Rods, Profiles and Wire in Jordan

After three years of growth, overseas purchases of nickel; bars, rods, profiles and wires decreased by -68.2% to 2.2 tons in 2022. In general, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year.

In value terms, imports of nickel; bars, rods, profiles and wires declined remarkably to $88K in 2022. Overall, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 21%.

Import of Nickel; Bars, Rods, Profiles and Wire in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany79.913812932.2-26.1%
Italy18.327.121.614.0-8.5%
Netherlands4.02.41.810.035.7%
India7.17.19.97.72.7%
United States15.46.07.45.1-30.8%
Slovenia16.49.013.04.3-36.0%
United Arab Emirates0.2N/AN/A4.0171.4%
United Kingdom13.01.32.52.2-44.7%
JapanN/AN/A40.2N/A0%
Others10.48.310.08.9-5.1%
Total16519923588.5-18.8%

Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Jordan in 2022:

  1. Germany (971.0 kg)
  2. Italy (421.0 kg)
  3. United States (155.0 kg)
  4. India (131.0 kg)
  5. Slovenia (128.0 kg)
  6. United Arab Emirates (113.0 kg)
  7. Netherlands (92.0 kg)
  8. United Kingdom (69.0 kg)

Exports of Nickel; Bars, Rods, Profiles and Wire in Jordan

In 2022, the amount of nickel; bars, rods, profiles and wires exported from Jordan surged to 242 kg, growing by 206% on the year before. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 211%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of nickel; bars, rods, profiles and wires skyrocketed to $5.3K in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 284%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Nickel; Bars, Rods, Profiles and Wire in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/AN/A5.00%
Free Zones0.51.90.30.3-15.7%
Saudi ArabiaN/AN/A3.0N/A0%
OthersN/AN/AN/AN/A0%
Total0.51.93.45.3119.7%

Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Jordan in 2022:

  1. Taiwan (Chinese) (233.0 kg)
  2. Free Zones (9.0 kg)

Source: IndexBox Market Intelligence Platform

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