Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Jordan - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Jordan (CIF) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Jordan
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Jordan (CIF) - 2022
The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $17,912 per ton in 2022, with an increase of 44% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 59%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($18,885 per ton), while the price for the United States ($13,117 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Jordan
In 2022, overseas purchases of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -23.3% to 1.7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of 2.3 tons, and then reduced remarkably in the following year.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) expanded significantly to $31K in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 11.7 | 15.1 | 27.8 | 27.2 | 32.5% |
| United States | 0.8 | 1.1 | 0.3 | 3.8 | 68.1% |
| Others | 0.4 | 0.4 | 0.1 | 0.1 | -37.0% |
| Total | 12.8 | 16.7 | 28.2 | 31.1 | 34.4% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Jordan in 2022:
- Bahrain (1441.0 kg)
- United States (291.0 kg)
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