Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan - 2022
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan (CIF) - 2022
In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $4,363 per ton, increasing by 63% against the previous year. Overall, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 179% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Taiwan (Chinese) ($6,863 per ton), while the price for Sweden ($1,741 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan (FOB) - 2022
In 2022, the average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $6,621 per ton, almost unchanged from the previous year. Over the period under review, the export price enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 149% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to -0.9% per year.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan
In 2022, purchases abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s increased by 70% to 84 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a precipitous curtailment.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $366K in 2022. Overall, imports, however, continue to indicate a precipitous shrinkage.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.2 | 4.8 | 21.6 | 108 | 54.6% |
| Turkey | 50.1 | 62.9 | 57.1 | 90.8 | 21.9% |
| Free Zones | 44.4 | 10.1 | 13.7 | 83.6 | 23.5% |
| Taiwan (Chinese) | 303 | 100 | 20.5 | 52.5 | -44.3% |
| South Korea | 21.3 | 4.5 | 4.2 | 7.0 | -31.0% |
| Sweden | 21.2 | 3.2 | 2.2 | 2.7 | -49.7% |
| Saudi Arabia | 24.7 | 2.9 | 1.5 | 0.9 | -66.8% |
| Israel | 94.7 | 0.3 | 0.3 | 0.4 | -83.8% |
| Others | 171 | 31.8 | 11.2 | 20.8 | -50.5% |
| Total | 759 | 221 | 132 | 366 | -21.6% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Jordan in 2022:
- Free Zones (35.6 tons)
- China (19.6 tons)
- Turkey (13.4 tons)
- Taiwan (Chinese) (7.7 tons)
- South Korea (3.0 tons)
- Sweden (1.6 tons)
- Saudi Arabia (0.5 tons)
- Israel (0.2 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan
In 2022, overseas shipments of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -20% to 1.7 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2020 with an increase of 15%.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s contracted markedly to $11K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 96%.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 4.2 | 9.3 | 13.9 | 11.1 | 38.3% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 4.8 | 9.3 | 13.9 | 11.1 | 32.2% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Jordan in 2022:
- Free Zones (1.7 tons)
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