Jordan - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJordan: Glass Closure Market 2024
Glass Closure Market Size in Jordan
The Jordanian glass closure market rose markedly to $X in 2022, increasing by 5.7% against the previous year. In general, consumption, however, showed a mild decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Glass Closure Production in Jordan
In value terms, glass closure production rose notably to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2020 when the production volume increased by 26%. Glass closure production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.
Glass Closure Exports
Exports from Jordan
In 2022, the amount of glass stoppers, lids and other closures exported from Jordan skyrocketed to X tons, picking up by 275% on the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 1,765%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, glass closure exports soared to $X in 2022. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2018 when exports increased by 1,607% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Exports by Country
Gambia (X tons) was the main destination for glass closure exports from Jordan, accounting for a approx. 100% share of total exports.
From 2013 to 2022, the average annual growth rate of volume to Gambia amounted to +8.8%.
In value terms, Gambia ($X) also remains the key foreign market for glass stoppers, lids and other closures exports from Jordan.
From 2013 to 2022, the average annual rate of growth in terms of value to Gambia totaled +4.9%.
Export Prices by Country
In 2022, the average glass closure export price amounted to $X per ton, with a decrease of -4.1% against the previous year. Overall, the export price showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 12%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Gambia.
From 2013 to 2022, the rate of growth in terms of prices for Gambia amounted to -3.6% per year.
Glass Closure Imports
Imports into Jordan
Glass closure imports into Jordan declined rapidly to X kg in 2022, waning by -99.1% on the year before. Over the period under review, imports faced a dramatic contraction. The growth pace was the most rapid in 2015 when imports increased by 1,388% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.
In value terms, glass closure imports reduced remarkably to $X in 2022. In general, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2015 with an increase of 1,767% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Spain (X kg) was the main glass closure supplier to Jordan, with a 96% share of total imports. Moreover, glass closure imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +35.3%.
In value terms, Spain ($X) constituted the largest supplier of glass stoppers, lids and other closures to Jordan, comprising 99% of total imports. The second position in the ranking was held by Turkey ($X), with a 1.2% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Spain amounted to +25.6%.
Import Prices by Country
The average glass closure import price stood at $X per ton in 2022, with an increase of 262% against the previous year. Overall, the import price showed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Turkey amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the glass closure 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 23131110 - Glass preserving jars, stoppers, lids and other closures (including stoppers and closures of any material presented with the containers for which they are intended)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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