Jordan: Glass Ampoules Market 2024

Glass Ampoules Market Size in Jordan

The Jordanian glass ampoules market expanded to $X in 2022, with an increase of 2.5% against the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Glass Ampoules Production in Jordan

In value terms, glass ampoules production rose modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.0% 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 -4.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 32% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Glass Ampoules Exports

Exports from Jordan

In 2022, after five years of growth, there was significant decline in overseas shipments of glass ampoules for packing of goods, when their volume decreased by -25% to X units. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 550% against the previous year. The exports peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, glass ampoules exports declined markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 601%. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Iraq (X units) was the main destination for glass ampoules exports from Jordan, with a 94% share of total exports. Moreover, glass ampoules exports to Iraq exceeded the volume sent to the second major destination, Algeria (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Iraq amounted to +48.1%.

In value terms, Iraq ($X) remains the key foreign market for glass ampoules for packing of goods exports from Jordan, comprising 98% of total exports. The second position in the ranking was taken by Algeria ($X), with a 2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Iraq amounted to +56.4%.

Export Prices by Country

In 2022, the average glass ampoules export price amounted to $X per thousand units, stabilizing at the previous year. Overall, the export price, however, saw moderate growth. The most prominent rate of growth was recorded in 2020 an increase of 22%. The export price peaked at $X per thousand units in 2021, and then shrank slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per thousand units), while the average price for exports to Algeria totaled $X per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+5.6%).

Glass Ampoules Imports

Imports into Jordan

Glass ampoules imports into Jordan dropped notably to X units in 2022, waning by -98.5% against the previous year. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of 899%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, glass ampoules imports surged to $X in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2016 when imports increased by 511% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

France (X units), China (X units) and Germany (X units) were the main suppliers of glass ampoules imports to Jordan, together comprising 95% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +83.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of glass ampoules for packing of goods to Jordan, comprising 71% of total imports. The second position in the ranking was held by France ($X), with a 25% share of total imports. It was followed by Germany, with a 2.7% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +61.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+73.0% per year) and Germany (+95.8% per year).

Import Prices by Country

The average glass ampoules import price stood at $X per unit in 2022, jumping by 7,805% against the previous year. Over the period under review, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+50.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform