Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Jordan - 2022

Contents:

  1. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Jordan (FOB) - 2022
  2. Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Jordan

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Jordan (FOB) - 2022

In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $204 per ton, reducing by -2.9% against the previous year. Over the period under review, export price indicated significant growth from 2020 to 2022: its price increased at an average annual rate of +28.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) increased by +65.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 70%. As a result, the export price reached the peak level of $210 per ton, and then shrank slightly in the following year.

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

From 2020 to 2022, the rate of growth in terms of prices for Egypt amounted to +69.4% per year.

Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Jordan

In 2022, overseas shipments of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) decreased by -27.7% to 22K tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 286% against the previous year. As a result, the exports attained the peak of 31K tons, and then reduced rapidly in the following year.

In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) reduced rapidly to $4.5M in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 556% against the previous year. As a result, the exports attained the peak of $6.5M, and then declined significantly in the following year.

Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Jordan (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Saudi ArabiaN/AN/A4.50%
Egypt1.06.5N/A550.0%
OthersN/AN/AN/A0%
Total1.06.54.5112.1%

Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Jordan in 2022:

  1. Saudi Arabia (22.2K tons)

Source: IndexBox Market Intelligence Platform

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