Jordan: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Jordan

The Jordanian sulphides, dithionites and sulphoxylates market expanded slightly to $X in 2022, increasing by 3.2% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +10.6% against 2019 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Jordan

In value terms, sulphides, dithionites and sulphoxylates production rose to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value 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, production increased by +7.1% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 34%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Jordan

In 2022, the amount of sulphides, polysulphides, dithionites and sulphoxylates exported from Jordan dropped dramatically to X tons, with a decrease of -68.1% compared with the previous year. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2014 when exports increased by 93% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates exports dropped significantly to $X in 2022. Over the period under review, exports faced a abrupt descent. The pace of growth was the most pronounced in 2013 with an increase of 119% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Palestine (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from Jordan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Palestine stood at -13.5%.

In value terms, Palestine ($X) also remains the key foreign market for sulphides, polysulphides, dithionites and sulphoxylates exports from Jordan.

From 2012 to 2022, the average annual rate of growth in terms of value to Palestine totaled -14.1%.

Export Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates export price amounted to $X per ton, picking up by 9.9% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 47%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to -0.7% per year.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Jordan

Sulphides, dithionites and sulphoxylates imports into Jordan skyrocketed to X tons in 2022, jumping by 54% compared with the previous year. Over the period under review, imports posted a noticeable increase. The most prominent rate of growth was recorded in 2013 with an increase of 832% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates imports fell to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 487%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of sulphides, dithionites and sulphoxylates to Jordan, accounting for a 93% share of total imports. Moreover, sulphides, dithionites and sulphoxylates imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +44.0%.

In value terms, China ($X) constituted the largest supplier of sulphides, polysulphides, dithionites and sulphoxylates to Jordan, comprising 74% of total imports. The second position in the ranking was held by India ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +42.7%.

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, falling by -39.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 78% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform