Jordan: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2024

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Jordan

For the third consecutive year, the Jordanian pigments, opacifiers and colours market recorded growth in sales value, which increased by 2.5% to $X in 2022. In general, consumption saw a strong expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Production of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Jordan

In value terms, pigments, opacifiers and colours production reduced slightly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 19% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Jordan

In 2022, approx. X tons of pigments, opacifiers and colours for ceramics, enamelling or glass were exported from Jordan; reducing by -43.2% on the year before. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2015 when exports increased by 18% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, pigments, opacifiers and colours exports dropped significantly to $X in 2022. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2018 when exports increased by 73%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for pigments, opacifiers and colours exports from Jordan, accounting for a 68% share of total exports. Moreover, pigments, opacifiers and colours exports to the United Arab Emirates exceeded the volume sent to the second major destination, Palestine (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to +130.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (-30.3% per year) and Turkey (+415.0% per year).

In value terms, the United Arab Emirates ($X), Palestine ($X) and Turkey ($X) constituted the largest markets for pigments, opacifiers and colours exported from Jordan worldwide, with a combined 70% share of total exports.

Among the main countries of destination, Turkey, with a CAGR of +782.7%, 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 pigments, opacifiers and colours export price stood at $X per ton in 2022, growing by 35% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pigments, opacifiers and colours export price increased by +166.6% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 80%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to the United Arab Emirates ($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 Turkey (+71.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Jordan

In 2022, the amount of pigments, opacifiers and colours for ceramics, enamelling or glass imported into Jordan dropped remarkably to X tons, shrinking by -75.7% against the previous year's figure. Over the period under review, imports saw a sharp decline. The pace of growth was the most pronounced in 2014 with an increase of 110%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, pigments, opacifiers and colours imports shrank markedly to $X in 2022. Overall, imports showed a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 101% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X kg), Turkey (X kg) and Italy (X kg) were the main suppliers of pigments, opacifiers and colours imports to Jordan, with a combined 66% share of total imports. Peru, Sweden, China, Spain and India lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of +1.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Turkey ($X) and Italy ($X) constituted the largest pigments, opacifiers and colours suppliers to Jordan, together accounting for 66% of total imports. Peru, Sweden, China, Spain and India lagged somewhat behind, together comprising a further 34%.

Sweden, with a CAGR of 0.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average pigments, opacifiers and colours import price amounted to $X per ton, picking up by 9.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 60% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and China ($X per ton), while the price for Spain ($X per ton) and Sweden ($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 UK (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform