Jordan: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Jordan

The Jordanian market for non-cellular plates, sheets, film, foil and strip of plastics fell sharply to $X in 2022, reducing by -23.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a slight contraction. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Jordan

In 2022, exports of non-cellular plates, sheets, film, foil and strip of plastics from Jordan dropped to X tons, shrinking by -11% against 2021. Overall, exports saw a dramatic descent. The pace of growth was the most pronounced in 2013 with an increase of 138% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics totaled $X in 2022. In general, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 115%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Syrian Arab Republic (X tons), Iraq (X tons) and Free Zones (X tons) were the main destinations of exports of non-cellular plates, sheets, film, foil and strip of plastics from Jordan, with a combined 70% share of total exports. Egypt, Yemen, Saudi Arabia and Sudan lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Yemen (with a CAGR of +21.5%), while the other leaders experienced more modest paces of growth.

In value terms, Syrian Arab Republic ($X), Iraq ($X) and Free Zones ($X) constituted the largest markets for non-cellular plates, sheets, film, foil and strip of plastics exported from Jordan worldwide, with a combined 72% share of total exports. Egypt, Yemen, Saudi Arabia and Sudan lagged somewhat behind, together comprising a further 25%.

Among the main countries of destination, Yemen, with a CAGR of +25.0%, saw 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

In 2022, the average export price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, rising by 13% against the previous year. In general, the export price showed resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 71% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Sudan ($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 Saudi Arabia (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Jordan

For the fourth consecutive year, Jordan recorded decline in supplies from abroad of non-cellular plates, sheets, film, foil and strip of plastics, which decreased by -24.3% to X tons in 2022. Over the period under review, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2013 when imports increased by 78% against the previous year. 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 non-cellular plates, sheets, film, foil and strip of plastics contracted dramatically to $X in 2022. Overall, imports showed a perceptible reduction. The pace of growth appeared the most rapid in 2013 with an increase of 48%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

China (X tons), Saudi Arabia (X tons) and India (X tons) were the main suppliers of imports of non-cellular plates, sheets, film, foil and strip of plastics to Jordan, together comprising 56% of total imports. The United Arab Emirates, Turkey, Italy, Egypt and Lebanon lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +13.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and India ($X) appeared to be the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Jordan, with a combined 56% share of total imports. The United Arab Emirates, Turkey, Italy, Egypt and Lebanon lagged somewhat behind, together accounting for a further 29%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +20.6%, saw the highest growth rate of 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 non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, surging by 8% against the previous year. Over the period under review, the import price continues to indicate strong growth. The pace of growth was the most pronounced in 2020 an increase of 131% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($X per ton) and India ($X per ton), while the price for Italy ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform