Jordan: Moulds For Metal Market 2024

Moulds For Metal Market Size in Jordan

The Jordanian moulds for metal market expanded modestly to $X in 2022, rising by 4.9% against the previous year. Over the period under review, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.3% against 2020 indices. Moulds for metal consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Moulds For Metal Production in Jordan

In value terms, moulds for metal production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded resilient growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 82% against the previous year. Moulds for metal production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Moulds For Metal Exports

Exports from Jordan

In 2022, approx. X tons of moulds for metals were exported from Jordan; which is down by -93.4% compared with 2021. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 519%. The exports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, moulds for metal exports declined sharply to $X in 2022. Overall, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of 558%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Syrian Arab Republic (X tons), Saudi Arabia (X tons) and Yemen (X kg) were the main destinations of moulds for metal exports from Jordan, together comprising 89% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Yemen (with a CAGR of +16.9%), while the other leaders experienced mixed trend patterns.

In value terms, Syrian Arab Republic ($X), Qatar ($X) and Yemen ($X) appeared to be the largest markets for moulds for metal exported from Jordan worldwide, with a combined 87% share of total exports.

Qatar, with a CAGR of +25.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average moulds for metal export price stood at $X per ton in 2022, increasing by 103% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulds for metal export price decreased by -14.6% against 2020 indices. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Saudi Arabia ($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 Libya (+94.1%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Jordan

In 2022, supplies from abroad of moulds for metals increased by 306% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a deep downturn. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, moulds for metal imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 163%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest moulds for metal supplier to Jordan, with a 86% share of total imports. Moreover, moulds for metal imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold. Germany (X tons) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+6.7% per year) and Germany (-42.5% per year).

In value terms, China ($X) constituted the largest supplier of moulds for metals to Jordan, comprising 83% of total imports. The second position in the ranking was taken by Turkey ($X), with a 10% share of total imports. It was followed by Germany, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.2% per year) and Germany (-37.6% per year).

Import Prices by Country

In 2022, the average moulds for metal import price amounted to $X per ton, which is down by -43.9% against the previous year. Overall, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 98%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then shrank notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform