Jordan: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Jordan

In 2022, after three years of growth, there was significant decline in the Jordanian market for self-adhesive plastic tape in rolls of a width under 20cm, when its value decreased by -23.1% to $X. Overall, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then fell sharply in the following year.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Jordan

In 2022, approx. X tons of self-adhesive plastic tape in rolls of a width under 20cm were exported from Jordan; with a decrease of -19.1% compared with 2021 figures. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 113%. Over the period under review, the exports of attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm declined slightly to $X in 2022. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by 147%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X tons), Free Zones (X tons) and Sudan (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Jordan, together comprising 89% of total exports. Egypt and Syrian Arab Republic lagged somewhat behind, together comprising a further 9.7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +25.9%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Jordan were Iraq ($X), Free Zones ($X) and Sudan ($X), together comprising 89% of total exports. Egypt and Syrian Arab Republic lagged somewhat behind, together comprising a further 9.7%.

Egypt, with a CAGR of +53.9%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, increasing by 19% against the previous year. In general, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 72%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Syrian Arab Republic ($X per ton) and Iraq ($X per ton), while the average price for exports to Sudan ($X per ton) and Free Zones ($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 Kuwait (+88.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Jordan

In 2022, purchases abroad of self-adhesive plastic tape in rolls of a width under 20cm decreased by -23.4% to X tons, falling for the third consecutive year after two years of growth. Overall, total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 51%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm contracted sharply to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 29%. Imports peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under 20cm supplier to Jordan, with a 54% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. The third position in this ranking was held by France (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+12.6% per year) and France (+45.7% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Jordan, comprising 43% of total imports. The second position in the ranking was held by France ($X), with a 12% share of total imports. It was followed by the United Arab Emirates, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+35.4% per year) and the United Arab Emirates (+6.6% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, standing approx. at the previous year. In general, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 37%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform