Jordan: Expanded Metal Market 2025

Expanded Metal Market Size in Jordan

The Jordanian expanded metal market soared to $X in 2022, jumping by 16% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Expanded Metal Production in Jordan

In value terms, expanded metal production surged to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -15.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 29%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Expanded Metal Exports

Exports from Jordan

In 2022, shipments abroad of iron or steel expanded metal was finally on the rise to reach X tons for the first time since 2015, thus ending a six-year declining trend. Overall, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2015 when exports increased by 577% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, expanded metal exports soared to $X in 2022. In general, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of 433% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X tons), Iraq (X tons) and Saudi Arabia (X tons) were the main destinations of expanded metal exports from Jordan.

From 2012 to 2022, the biggest increases were recorded for Free Zones (with a CAGR of -4.1%), while shipments for the other leaders experienced a decline.

In value terms, Free Zones ($X), Iraq ($X) and Saudi Arabia ($X) constituted the largest markets for expanded metal exported from Jordan worldwide.

Iraq, with a CAGR of -1.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average expanded metal export price stood at $X per ton in 2022, increasing by 49% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, expanded metal export price decreased by -23.0% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 70% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Free Zones ($X per ton), while the average price for exports to Saudi Arabia ($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 (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into Jordan

In 2022, after three years of decline, there was significant decline in supplies from abroad of iron or steel expanded metal, when their volume decreased by -73.8% to X tons. In general, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 5,643% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, expanded metal imports plummeted to $X in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2013 when imports increased by 6,179%. 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, the United Arab Emirates (X tons) was the main expanded metal supplier to Jordan, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +39.7%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of iron or steel expanded metal to Jordan.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled +42.8%.

Import Prices by Country

In 2022, the average expanded metal import price amounted to $X per ton, increasing by 12% against the previous year. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.3% per year.

Source: IndexBox Platform