Report Update Nov 1, 2024

Jordan - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends and Insights

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Jordan: Ethylene Glycol Market 2024

Ethylene Glycol Market Size in Jordan

In 2022, the Jordanian ethylene glycol market decreased by -36% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a pronounced decrease. Over the period under review, the market reached the maximum level at $X in 2021, and then fell remarkably in the following year.

Ethylene Glycol Exports

Exports from Jordan

In 2022, shipments abroad of ethylene glycol (ethanediol) decreased by 0% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 4,959% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, ethylene glycol exports totaled $X in 2022. In general, exports showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,513%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Free Zones (X tons) was the main destination for ethylene glycol exports from Jordan, accounting for a 80% share of total exports. Moreover, ethylene glycol exports to Free Zones exceeded the volume sent to the second major destination, Malaysia (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Free Zones totaled +21.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (0.0% per year) and Egypt (+23.3% per year).

From 2012 to 2022, the average annual growth rate of value to Free Zones totaled +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (0.0% per year) and Egypt (+17.4% per year).

Export Prices by Country

In 2022, the average ethylene glycol export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2020 a decrease of -8.8% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Free Zones ($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 Free Zones (-2.7%), while the prices for the other major destinations experienced a decline.

Ethylene Glycol Imports

Imports into Jordan

After seven years of growth, purchases abroad of ethylene glycol (ethanediol) decreased by -17.4% to X tons in 2022. In general, imports, however, saw a moderate increase. The growth pace was the most rapid in 2017 with an increase of 38%. Over the period under review, imports attained the peak figure at X tons in 2021, and then contracted rapidly in the following year.

In value terms, ethylene glycol imports dropped remarkably to $X in 2022. Overall, imports recorded a mild setback. The growth pace was the most rapid in 2018 with an increase of 56%. Imports peaked at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest ethylene glycol supplier to Jordan, with a 80% share of total imports. Moreover, ethylene glycol imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia amounted to +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.6% per year) and Kuwait (-5.6% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of ethylene glycol (ethanediol) to Jordan, comprising 80% of total imports. The second position in the ranking was taken by India ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia stood at +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-3.0% per year) and Kuwait (-9.3% per year).

Import Prices by Country

The average ethylene glycol import price stood at $X per ton in 2022, reducing by -4.1% against the previous year. Overall, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (-3.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the ethylene glycol market 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 20142310 - Ethylene glycol (ethanediol)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023