
Jordan - Hot-Rolled Bars in Bearing Steels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJordan: Market for Hot-Rolled Bars In Bearing Steels 2025
Market Size for Hot-Rolled Bars In Bearing Steels in Jordan
In 2022, the Jordanian hot-rolled bearing steel bar market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2017 when the market value increased by 8.4%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Production of Hot-Rolled Bars In Bearing Steels in Jordan
In value terms, hot-rolled bearing steel bar production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production recorded modest growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 67%. Hot-rolled bearing steel bar production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.
Exports of Hot-Rolled Bars In Bearing Steels
Exports from Jordan
In 2022, the amount of hot-rolled bars in bearing steels exported from Jordan skyrocketed to X tons, jumping by 34% against the previous year. Over the period under review, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 126% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.
In value terms, hot-rolled bearing steel bar exports soared to $X in 2022. In general, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 164%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Exports by Country
Free Zones (X tons) was the main destination for hot-rolled bearing steel bar exports from Jordan, with a 91% share of total exports. Moreover, hot-rolled bearing steel bar exports to Free Zones exceeded the volume sent to the second major destination, Israel (X tons), tenfold.
From 2012 to 2022, the average annual growth rate of volume to Free Zones totaled +27.6%.
In value terms, Free Zones ($X) remains the key foreign market for hot-rolled bars in bearing steels exports from Jordan, comprising 83% of total exports. The second position in the ranking was held by Israel ($X), with a 17% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones stood at +19.7%.
Export Prices by Country
In 2022, the average hot-rolled bearing steel bar export price amounted to $X per ton, which is down by -5.7% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-rolled bearing steel bar export price increased by +130.8% against 2014 indices. The growth pace was the most rapid in 2016 an increase of 39% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Free Zones totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+12.8%).
Imports of Hot-Rolled Bars In Bearing Steels
Imports into Jordan
In 2022, overseas purchases of hot-rolled bars in bearing steels were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 21,277%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.
In value terms, hot-rolled bearing steel bar imports soared to $X in 2022. Overall, imports, however, showed a pronounced reduction. The growth pace was the most rapid in 2019 when imports increased by 14,352%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
Turkey (X tons), Saudi Arabia (X tons) and Germany (X tons) were the main suppliers of hot-rolled bearing steel bar imports to Jordan, together accounting for 64% of total imports. China, Italy, Belgium, the United Arab Emirates and the Netherlands lagged somewhat behind, together comprising a further 36%.
From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +16.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Turkey ($X) and China ($X) constituted the largest hot-rolled bearing steel bar suppliers to Jordan, together accounting for 55% of total imports. Saudi Arabia, Belgium, the Netherlands, the United Arab Emirates and Italy lagged somewhat behind, together comprising a further 44%.
Among the main suppliers, Saudi Arabia, with a CAGR of +15.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average hot-rolled bearing steel bar import price stood at $X per ton in 2022, dropping by -29.3% against the previous year. Over the period under review, the import price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2017 an increase of 100% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106630 - Hot-rolled bars in bearing steels
Country coverage:
- Jordan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Jordan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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