Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan - 2022
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan (CIF) - 2022
In 2021, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $14,286 per ton, declining by -21.8% against the previous year. Over the period under review, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 89%. The import price peaked at $18,270 per ton in 2020, and then dropped sharply in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($16,927 per ton), while the price for Turkey stood at $7,067 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+28.8%), while the prices for the other major suppliers experienced a decline.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan (FOB) - 2022
The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $45,462 per ton in 2022, increasing by 9.3% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for chromium and articles thereof; wrought other than waste and scrap decreased by -34.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 24%. The export price peaked at $69,346 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +1.1% per year.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan
For the third year in a row, Jordan recorded decline in overseas purchases of chromium and articles thereof; wrought other than waste and scrap, which decreased by 99.9% to less than 0.1 kg in 2022. Overall, imports faced a precipitous setback. The smallest decline of -61.5% was in 2020.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap skyrocketed to $22K in 2022. Over the period under review, imports, however, showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 5.5 | 2.8 | 0.7 | -64.3% | |
| Turkey | 1.0 | 0.5 | 0.1 | -68.4% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 6.6 | 3.3 | 0.8 | -65.2% | |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Jordan in 2022:
- Germany (41.0 kg)
- Turkey (15.0 kg)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan
Exports of chromium and articles thereof; wrought other than waste and scrap from Jordan was estimated at 130 kg in 2022, remaining relatively unchanged against 2021. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap expanded remarkably to $5.9K in 2022. Over the period under review, exports saw a deep slump.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 7.6 | 6.4 | 5.4 | 5.9 | -8.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.6 | 6.4 | 5.4 | 5.9 | -8.1% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Jordan in 2022:
- Iraq (130.0 kg)
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