Jordan: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in Jordan

The Jordanian compound plasticisers market dropped to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a perceptible descent. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Compound Plasticisers Production in Jordan

In value terms, compound plasticisers production reduced slightly to $X in 2022 estimated in export price. Overall, production showed a noticeable curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Compound Plasticisers Exports

Exports from Jordan

In 2022, shipments abroad of compound plasticisers for rubber or plastics decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted sharply in the following year.

In value terms, compound plasticisers exports contracted remarkably to $X in 2022. In general, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Russia (X tons) was the main destination for compound plasticisers exports from Jordan, accounting for a X% share of total exports. Moreover, compound plasticisers exports to Russia exceeded the volume sent to the second major destination, Free Zones (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and Morocco (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for compound plasticisers for rubber or plastics exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Free Zones ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the average compound plasticisers export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Free Zones ($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 Morocco (X%), while the prices for the other major destinations experienced more modest paces of growth.

Compound Plasticisers Imports

Imports into Jordan

In 2022, after two years of growth, there was significant decline in supplies from abroad of compound plasticisers for rubber or plastics, when their volume decreased by X% to X tons. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, compound plasticisers imports contracted significantly to $X in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of compound plasticisers imports to Jordan, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest compound plasticisers suppliers to Jordan were Saudi Arabia ($X), the Netherlands ($X) and China ($X), with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average compound plasticisers import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, compound plasticisers import price increased by X% against 2019 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($X per ton) and the Netherlands ($X per ton), while the price for China ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform