Jordan: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Jordan

The Jordanian market for plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022, with an increase of 17% against the previous year. In general, consumption, however, posted significant growth. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in Jordan

In value terms, production of plasticised mixed polyvinyl chloride in primary forms rose remarkably to $X in 2022 estimated in export price. Over the period under review, production posted prominent growth. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Jordan

In 2022, approx. X tons of plasticised mixed polyvinyl chloride in primary forms were exported from Jordan; rising by 487% on 2021 figures. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms skyrocketed to $X in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Jordan, accounting for a 59% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to Egypt exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold.

From 2019 to 2022, the average annual growth rate of volume to Egypt was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+125.6% per year) and Free Zones (+149.9% per year).

In value terms, Egypt ($X) emerged as the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Jordan, comprising 59% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 25% share of total exports.

From 2019 to 2022, the average annual rate of growth in terms of value to Egypt was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+100.2% per year) and Free Zones (+220.6% per year).

Export Prices by Country

In 2022, the average export price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, jumping by 25% against the previous year. Overall, export price indicated significant growth from 2019 to 2022: its price increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plasticised mixed polyvinyl chloride in primary forms increased by +88.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Free Zones ($X per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+28.3%), while the prices for the other major destinations experienced a decline.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Jordan

In 2022, purchases abroad of plasticised mixed polyvinyl chloride in primary forms decreased by -23.8% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 27% against the previous year. Imports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms fell to $X in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 114%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

China (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of plasticised mixed polyvinyl chloride in primary forms to Jordan, with a combined 91% share of total imports.

From 2019 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +205.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) appeared to be the largest plasticised mixed polyvinyl chloride in primary forms suppliers to Jordan, together accounting for 91% of total imports.

Among the main suppliers, China, with a CAGR of +278.0%, recorded 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 plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, surging by 14% against the previous year. In general, the import price continues to indicate a significant increase. The growth pace was the most rapid in 2020 an increase of 68%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 ($X per ton) and Saudi Arabia ($X per ton), while the price for China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform