Jordan: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Jordan

In 2022, after two years of decline, there was significant growth in the Jordanian non-cellular polyvinyl chloride film market, when its value increased by 5.1% to $X. Over the period under review, consumption, however, showed a relatively flat trend pattern. Non-cellular polyvinyl chloride film consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from Jordan

In 2022, non-cellular polyvinyl chloride film exports from Jordan contracted dramatically to X tons, reducing by -75.9% compared with the previous year. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2019 when exports increased by 649% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-cellular polyvinyl chloride film exports fell sharply to $X in 2022. Overall, exports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2019 when exports increased by 350%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Syrian Arab Republic (X tons), Lebanon (X tons) and Free Zones (X tons) were the main destinations of non-cellular polyvinyl chloride film exports from Jordan, together accounting for 87% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Syrian Arab Republic (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for non-cellular polyvinyl chloride film exported from Jordan were Syrian Arab Republic ($X), Lebanon ($X) and Free Zones ($X), with a combined 87% share of total exports.

Syrian Arab Republic, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average non-cellular polyvinyl chloride film export price amounted to $X per ton, jumping by 40% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-cellular polyvinyl chloride film export price increased by +134.7% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 90%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per ton) and Lebanon ($X per ton), while the average price for exports to Free Zones ($X per ton) and Italy ($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 Qatar (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into Jordan

In 2022, overseas purchases of non-cellular polyvinyl chloride films, sheets, foil and strip decreased by -9.6% to X tons, falling for the third consecutive year after four years of growth. Over the period under review, imports recorded a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of 36% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-cellular polyvinyl chloride film imports expanded remarkably to $X in 2022. In general, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 43%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-cellular polyvinyl chloride film to Jordan, with a 44% share of total imports. Moreover, non-cellular polyvinyl chloride film imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+16.5% per year) and South Korea (-14.6% per year).

In value terms, China ($X) constituted the largest supplier of non-cellular polyvinyl chloride films, sheets, foil and strip to Jordan, comprising 45% of total imports. The second position in the ranking was held by India ($X), with a 14% share of total imports. It was followed by South Korea, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+18.3% per year) and South Korea (-11.1% per year).

Import Prices by Country

The average non-cellular polyvinyl chloride film import price stood at $X per ton in 2022, jumping by 17% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-cellular polyvinyl chloride film import price increased by +86.8% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform