Sulphates; of Copper Price in Jordan - 2021

Sulphates; of Copper Price in Jordan (CIF) - 2022

In 2022, the average sulphates; of copper import price amounted to $1,697 per ton, which is down by -15.3% against the previous year. Overall, the import price saw a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 16%. The import price peaked at $2,632 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($4,102 per ton), while the price for Taiwan (Chinese) ($1,668 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Copper Price in Jordan (FOB) - 2022

In 2022, the average sulphates; of copper export price amounted to $2,816 per ton, approximately reflecting the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 183%. Over the period under review, the average export prices attained the peak figure at $4,739 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Mauritius amounted to -5.1% per year.

Sulphates; of Copper Imports in Jordan

For the fourth consecutive year, Jordan recorded growth in overseas purchases of sulphates; of coppers, which increased by 49% to 583 tons in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of copper imports surged to $989K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphates; of Copper in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	122	193	198	427	51.8%
Spain	12.1	14.3	78.4	222	163.7%
Russia	18.3	27.2	82.4	190	118.2%
Turkey	6.5	7.0	11.7	62.3	112.4%
China	35.2	63.9	10.8	38.2	2.8%
Taiwan (Chinese)	51.3	29.8	24.8	36.7	-10.6%
Uzbekistan	43.5	N/A	N/A	N/A	0%
Others	224	306	376	13.4	-60.9%
Total	513	641	782	989	24.5%

Top Suppliers of Sulphates; of Copper to Jordan in 2022:

Poland (235.4 tons)
Spain (86.5 tons)
Russia (46.2 tons)
Turkey (22.2 tons)
Taiwan (Chinese) (22.0 tons)
China (11.3 tons)

Sulphates; of Copper Exports in Jordan

In 2022, after two years of decline, there was significant growth in overseas shipments of sulphates; of coppers, when their volume increased by 33% to 445 kg. Overall, exports, however, continue to indicate a dramatic slump.

In value terms, sulphates; of copper exports surged to $1.3K in 2022. Over the period under review, exports, however, recorded a sharp reduction.