Jordan: Market for Limestone Flux, Limestone And Calcareous Stone 2024

Market Size for Limestone Flux, Limestone And Calcareous Stone in Jordan

The Jordanian limestone flux and limestone market rose modestly to $X in 2022, growing by 2.1% against the previous year. Over the period under review, consumption recorded a mild increase. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Limestone Flux, Limestone And Calcareous Stone in Jordan

In value terms, limestone flux and limestone production rose modestly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 59%. Limestone flux and limestone production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Limestone Flux, Limestone And Calcareous Stone

Exports from Jordan

Limestone flux and limestone exports from Jordan declined to X tons in 2022, which is down by -9.4% compared with the year before. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 1,528% against the previous year. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, limestone flux and limestone exports contracted remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 1,422%. The exports peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

India (X tons) was the main destination for limestone flux and limestone exports from Jordan, with a 85% share of total exports. Moreover, limestone flux and limestone exports to India exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), tenfold. The third position in this ranking was taken by Free Zones (X tons), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to India totaled +85.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+11.9% per year) and Free Zones (+10.9% per year).

In value terms, India ($X), Free Zones ($X) and the United Arab Emirates ($X) constituted the largest markets for limestone flux and limestone exported from Jordan worldwide, together comprising 91% of total exports.

Among the main countries of destination, India, with a CAGR of +69.3%, 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 limestone flux and limestone export price stood at $X per ton in 2022, shrinking by -17.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($X per ton), while the average price for exports to India ($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 (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Limestone Flux, Limestone And Calcareous Stone

Imports into Jordan

In 2022, after two years of growth, there was decline in overseas purchases of limestone flux, limestone and calcareous stone, when their volume decreased by -0.2% to X tons. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 318% against the previous year. Imports peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, limestone flux and limestone imports declined slightly to $X in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 617% against the previous year. Imports peaked at $X in 2021, and then reduced modestly in the following year.

Imports by Country

In 2022, Egypt (X tons) was the main supplier of limestone flux and limestone to Jordan, accounting for a 99% share of total imports. It was followed by Thailand (X tons), with a 0.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt stood at +33.4%.

In value terms, Egypt ($X) constituted the largest supplier of limestone flux, limestone and calcareous stone to Jordan, comprising 91% of total imports. The second position in the ranking was held by Thailand ($X), with an 8.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Egypt stood at +31.3%.

Import Prices by Country

In 2022, the average limestone flux and limestone import price amounted to $X per ton, approximately equating the previous year. Overall, the import price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of 119%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 Thailand ($X per ton), while the price for Egypt stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.7%).

Source: IndexBox Platform