Jordan: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in Jordan

In 2022, the Jordanian natural rubber and gum market increased by 51% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a abrupt setback. Natural rubber and gum consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Natural Rubber And Gums in Jordan

In value terms, natural rubber and gum production stood at less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume decreased by 99.9%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of natural rubber and gums in Jordan was estimated at less than X kg per ha in 2022, remaining relatively unchanged against 2021 figures. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of natural rubber and gums in Jordan stood at less than X ha, stabilizing at the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

Exports of Natural Rubber And Gums

Exports from Jordan

In 2017, approx. X tons of natural rubber and gums were exported from Jordan; approximately equating 2016. Overall, exports showed strong growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the maximum in 2017 and are expected to retain growth in the near future.

In value terms, natural rubber and gum exports amounted to $X in 2017. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are expected to retain growth in the near future.

Exports by Country

Syrian Arab Republic (X tons) was the main destination for natural rubber and gum exports from Jordan, accounting for a approx. 100% share of total exports.

From 2015 to 2017, the average annual rate of growth in terms of volume to Syrian Arab Republic was relatively modest.

From 2015 to 2017, the average annual rate of growth in terms of value to Syrian Arab Republic was relatively modest.

Export Prices by Country

In 2017, the average natural rubber and gum export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a strong increase. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2017 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Syrian Arab Republic.

From 2015 to 2017, the rate of growth in terms of prices for Syrian Arab Republic amounted to 0.0% per year.

Imports of Natural Rubber And Gums

Imports into Jordan

For the fourth consecutive year, Jordan recorded decline in overseas purchases of natural rubber and gums, which decreased by -11.2% to X tons in 2022. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2018 when imports increased by 258% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, natural rubber and gum imports reduced modestly to $X in 2022. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by 232% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of natural rubber and gum to Jordan, with a 79% share of total imports. Moreover, natural rubber and gum imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled -15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-3.5% per year) and Vietnam (-7.3% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of natural rubber and gums to Jordan, comprising 79% of total imports. The second position in the ranking was held by Thailand ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia totaled -13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+5.1% per year) and Vietnam (-0.1% per year).

Import Prices by Country

The average natural rubber and gum import price stood at $X per ton in 2022, surging by 9.4% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural rubber and gum import price increased by +71.0% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 47%. The import price peaked 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 country with the highest price was Vietnam ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform