Price for Refined Copper Tube and Pipe in Jordan - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Jordan (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Jordan (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Jordan
- Exports of Refined Copper Tube and Pipe in Jordan
Price for Refined Copper Tube and Pipe in Jordan (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,332 per ton in 2022, rising by 4.8% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +36.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 42%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($11,392 per ton) and Bahrain ($11,391 per ton), while the price for South Korea ($10,034 per ton) and Finland ($11,391 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Jordan (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $10,356 per ton in 2022, which is down by -4.2% against the previous year. In general, the export price, however, continues to indicate a slight increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 51%. The export price peaked at $13,191 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($11,750 per ton), while the average price for exports to Mozambique ($1,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Jordan
In 2022, supplies from abroad of tubes and pipes of refined copper was finally on the rise to reach 1.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe imports skyrocketed to $18M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Refined Copper Tube and Pipe in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.9 | 2.3 | 2.8 | 5.7 | 13.5% |
| Bahrain | 0.3 | 0.2 | 2.3 | 3.8 | 133.1% |
| United States | 1.7 | 1.1 | 0.7 | 2.4 | 12.2% |
| South Africa | 0.1 | 0.3 | 0.6 | 1.7 | 157.1% |
| Italy | 0.1 | 0.3 | 0.4 | 1.1 | 122.4% |
| Greece | 0.2 | 0.1 | 0.1 | 0.7 | 51.8% |
| South Korea | 0.1 | 0.2 | 0.3 | 0.7 | 91.3% |
| China | 0.3 | 0.4 | 0.2 | 0.1 | -30.7% |
| Others | 0.7 | 0.8 | 0.9 | 1.6 | 31.7% |
| Total | 7.4 | 5.8 | 8.2 | 17.8 | 34.0% |
Top Suppliers of Refined Copper Tube and Pipe to Jordan in 2022:
- Malaysia (501.9 tons)
- Bahrain (332.0 tons)
- United States (208.8 tons)
- South Africa (145.6 tons)
- Italy (98.4 tons)
- South Korea (74.3 tons)
- Greece (59.6 tons)
- China (7.0 tons)
Exports of Refined Copper Tube and Pipe in Jordan
In 2022, the amount of tubes and pipes of refined copper exported from Jordan fell notably to 303 kg, shrinking by -95.6% against the year before. Overall, exports saw a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 6,956%. As a result, the exports attained the peak of 6.8 tons, and then dropped rapidly in the following year.
In value terms, refined copper tube and pipe exports fell notably to $3.1K in 2022. Over the period under review, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 9,750%. As a result, the exports reached the peak of $74K, and then dropped notably in the following year.
| Export of Refined Copper Tube and Pipe in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 5.9 | 0.7 | 54.4 | 3.0 | -20.2% |
| China | 0.2 | N/A | 2.9 | 0.1 | -20.6% |
| Mozambique | N/A | N/A | N/A | 0.1 | 0% |
| United Arab Emirates | N/A | N/A | 16.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.1 | 0.8 | 74.0 | 3.1 | -20.2% |
Top Export Markets for Refined Copper Tube and Pipe from Jordan in 2022:
- Free Zones (259.0 kg)
- Mozambique (36.0 kg)
- China (8.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Jordan.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
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This report provides an in-depth analysis of the market for copper tube and pipe in Jordan.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Jordan.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
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