Jordan: Phosphatic Fertilizer Market 2024

Phosphatic Fertilizer Market Size in Jordan

The Jordanian phosphatic fertilizer market soared to $X in 2022, rising by X% against the previous year. Overall, consumption saw tangible growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Phosphatic Fertilizer Production in Jordan

In value terms, phosphatic fertilizer production expanded modestly to $X in 2022 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Phosphatic Fertilizer Exports

Exports from Jordan

In 2022, approx. X tons of phosphatic fertilizers were exported from Jordan; with a decrease of X% against 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, phosphatic fertilizer exports declined sharply to $X in 2022. In general, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Australia (X tons) and Romania (X tons) were the main destinations of phosphatic fertilizer exports from Jordan, together accounting for X% of total exports.

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

In value terms, the largest markets for phosphatic fertilizer exported from Jordan were Japan ($X), Australia ($X) and Romania ($X), with a combined X% share of total exports.

Among the main countries of destination, Australia, with a CAGR of X%, 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 phosphatic fertilizer export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($X per ton) and Australia ($X per ton), while the average price for exports to Ukraine ($X per ton) and Turkey ($X per ton) were amongst the lowest.

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

Phosphatic Fertilizer Imports

Imports into Jordan

In 2022, supplies from abroad of phosphatic fertilizers decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, phosphatic fertilizer imports reduced to $X in 2022. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest phosphatic fertilizer supplier to Jordan, accounting for a X% share of total imports. Moreover, phosphatic fertilizer imports from Egypt exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Egypt amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Italy (X% per year).

In value terms, Egypt ($X) constituted the largest supplier of phosphatic fertilizers to Jordan, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Egypt totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average phosphatic fertilizer import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform