Jordan: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Jordan

The Jordanian market for glaziers putty, grafting putty, other mastics and painters' fillings expanded to $X in 2022, surging by 4.3% against the previous year. In general, consumption, however, recorded a strong increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Jordan

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings rose notably to $X in 2022 estimated in export price. Overall, production posted buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 75%. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Jordan

In 2022, overseas shipments of glaziers putty, grafting putty, other mastics and painters' fillings decreased by -47.6% to X tons, falling for the seventh consecutive year after two years of growth. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2015 when exports increased by 110% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings fell significantly to $X in 2022. Overall, exports recorded a perceptible downturn. The pace of growth was the most pronounced in 2015 with an increase of 186% against the previous year. Over the period under review, the exports of hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), Qatar (X tons) and Angola (X tons) were the main destinations of exports of glaziers putty, grafting putty, other mastics and painters' fillings from Jordan, with a combined 86% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +38.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Qatar ($X) and Angola ($X) constituted the largest markets for glaziers, grafting putty and painters' filling exported from Jordan worldwide, together accounting for 86% of total exports.

In terms of the main countries of destination, Qatar, with a CAGR of +53.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, jumping by 21% against the previous year. Overall, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 88%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Iraq ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to Kuwait ($X per ton) and Qatar ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Jordan

In 2022, the amount of glaziers putty, grafting putty, other mastics and painters' fillings imported into Jordan fell remarkably to X tons, waning by -33.9% on the year before. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 38%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings shrank markedly to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

Turkey (X tons), China (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to Jordan, with a combined 53% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +14.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and the United Arab Emirates ($X) were the largest glaziers, grafting putty and painters' filling suppliers to Jordan, together accounting for 53% of total imports.

Among the main suppliers, China, with a CAGR of +27.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, picking up by 18% against the previous year. In general, the import price posted a strong expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovenia ($X per ton) and Lebanon ($X per ton), while the price for Italy ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform