Jordan: Market for Iron Or Steel Bridges And Bridge-Sections 2025

Market Size for Iron Or Steel Bridges And Bridge-Sections in Jordan

In 2022, after three years of growth, there was significant decline in the Jordanian iron or steel bridges market, when its value decreased by -65.1% to $X. In general, consumption showed a noticeable downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Iron Or Steel Bridges And Bridge-Sections in Jordan

In value terms, iron or steel bridges production expanded sharply to $X in 2022 estimated in export price. Overall, production, however, showed a prominent expansion. The growth pace was the most rapid in 2020 when the production volume increased by 27% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports from Jordan

In 2022, overseas shipments of iron or steel bridges and bridge-sections increased by 566% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 607% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, iron or steel bridges exports skyrocketed to $X in 2022. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by 969% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Free Zones (X tons) was the main destination for iron or steel bridges exports from Jordan, with a 97% share of total exports. It was followed by Saudi Arabia (X tons), with a 1.2% share of total exports. Iraq (X tons) ranked third in terms of total exports with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Free Zones amounted to +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-11.6% per year) and Iraq (-21.5% per year).

In value terms, Free Zones ($X) emerged as the key foreign market for iron or steel bridges and bridge-sections exports from Jordan, comprising 94% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 1.9% share of total exports. It was followed by Qatar, with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value to Free Zones amounted to +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-5.7% per year) and Qatar (+24.8% per year).

Export Prices by Country

The average iron or steel bridges export price stood at $X per ton in 2022, falling by -33.8% against the previous year. In general, the export price saw a mild contraction. The growth pace was the most rapid in 2017 an increase of 76%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Free Zones ($X 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 Qatar (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports into Jordan

In 2022, the amount of iron or steel bridges and bridge-sections imported into Jordan surged to X tons, jumping by 70% on the previous year. In general, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 1,489%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, iron or steel bridges imports surged to $X in 2022. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by 2,062%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Bahrain (X tons) constituted the largest supplier of iron or steel bridges to Jordan, with a 63% share of total imports. Moreover, iron or steel bridges imports from Bahrain exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bahrain stood at +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+42.9% per year) and China (+24.9% per year).

In value terms, Bahrain ($X) constituted the largest supplier of iron or steel bridges and bridge-sections to Jordan, comprising 50% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 21% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Bahrain amounted to +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+42.7% per year) and China (+19.2% per year).

Import Prices by Country

In 2022, the average iron or steel bridges import price amounted to $X per ton, falling by -30.9% against the previous year. Overall, the import price showed a noticeable shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 84%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 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 Saudi Arabia ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform