Jordan: Vulcanised Rubber Seal Market 2025

Vulcanised Rubber Seal Market Size in Jordan

The Jordanian vulcanised rubber seal market contracted rapidly to $X in 2022, shrinking by -22.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Vulcanised Rubber Seal Exports

Exports from Jordan

In 2022, exports of seals of vulcanised rubber from Jordan skyrocketed to X kg, rising by 429% compared with the previous year. Over the period under review, exports, however, faced a sharp curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, vulcanised rubber seal exports soared to $X in 2022. Overall, exports, however, recorded a noticeable setback. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X kg) was the main destination for vulcanised rubber seal exports from Jordan, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Free Zones stood at -2.5%.

In value terms, Free Zones ($X) also remains the key foreign market for seals of vulcanised rubber exports from Jordan.

From 2012 to 2022, the average annual growth rate of value to Free Zones stood at +5.4%.

Export Prices by Country

In 2022, the average vulcanised rubber seal export price amounted to $X per ton, growing by 96% against the previous year. In general, the export price showed a significant increase. The growth pace was the most rapid in 2021 when the average export price increased by 562% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +47.0% per year.

Vulcanised Rubber Seal Imports

Imports into Jordan

In 2022, overseas purchases of seals of vulcanised rubber decreased by -26% to X tons, falling for the sixth year in a row after two years of growth. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2013 when imports increased by 44%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, vulcanised rubber seal imports contracted notably to $X in 2022. In general, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of 13%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and Japan (X tons) were the main suppliers of vulcanised rubber seal imports to Jordan, together comprising 57% of total imports. Turkey, the United States, Italy, the UK, Brazil, Taiwan (Chinese), Sweden, Spain, South Korea and the United Arab Emirates lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +57.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vulcanised rubber seal suppliers to Jordan were China ($X), Germany ($X) and Japan ($X), with a combined 57% share of total imports. Turkey, the United States, Italy, the UK, Brazil, Taiwan (Chinese), Sweden, Spain, South Korea and the United Arab Emirates lagged somewhat behind, together accounting for a further 34%.

Brazil, with a CAGR of +76.6%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average vulcanised rubber seal import price amounted to $X per ton, growing by 12% against the previous year. Overall, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 163%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain 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 Sweden ($X per ton) and Japan ($X per ton), while the price for South Korea ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform