Jordan: Market for Saturated Acyclic Monocarboxylic Acids 2025

Market Size for Saturated Acyclic Monocarboxylic Acids in Jordan

After two years of growth, the Jordanian saturated acyclic monocarboxylic acids market decreased by X% to $X in 2022. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Saturated Acyclic Monocarboxylic Acids in Jordan

In value terms, saturated acyclic monocarboxylic acids production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Jordan

In 2022, saturated acyclic monocarboxylic acids exports from Jordan soared to X tons, increasing by X% against 2021 figures. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, saturated acyclic monocarboxylic acids exports surged to $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Syrian Arab Republic (X tons) was the main destination for saturated acyclic monocarboxylic acids exports from Jordan, with a X% share of total exports. Moreover, saturated acyclic monocarboxylic acids exports to Syrian Arab Republic exceeded the volume sent to the second major destination, Free Zones (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Syrian Arab Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and Egypt (X% per year).

In value terms, Syrian Arab Republic ($X) emerged as the key foreign market for saturated acyclic monocarboxylic acids exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Free Zones ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Syrian Arab Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and Egypt (X% per year).

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, rising by X% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price 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, saturated acyclic monocarboxylic acids export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Syrian Arab Republic ($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 Angola (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Jordan

In 2022, approx. X tons of saturated acyclic monocarboxylic acids were imported into Jordan; shrinking by X% against the previous year. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, saturated acyclic monocarboxylic acids imports totaled $X in 2022. Over the period under review, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), China (X tons) and South Korea (X tons) were the main suppliers of saturated acyclic monocarboxylic acids imports to Jordan, with a combined X% share of total imports.

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

In value terms, the largest saturated acyclic monocarboxylic acids suppliers to Jordan were China ($X), Saudi Arabia ($X) and the United States ($X), with a combined X% share of total imports. South Korea, the Netherlands, India, Taiwan (Chinese), Malaysia, the United Arab Emirates, South Africa, Indonesia, Spain and Mexico lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 saturated acyclic monocarboxylic acids import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform