Jordan: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2024

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Jordan

The Jordanian metal thread woven fabric market surged to $X in 2022, growing by 175% against the previous year. In general, consumption, however, saw a dramatic downturn. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Jordan

In value terms, metal thread woven fabric production skyrocketed to $X in 2022 estimated in export price. In general, production saw a deep reduction. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports from Jordan

In 2022, approx. X square meters of woven fabrics of metal thread and woven fabrics of metallised yarn were exported from Jordan; jumping by 42% against the year before. Over the period under review, exports, however, faced a abrupt setback. The exports peaked at X square meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, metal thread woven fabric exports fell sharply to $X in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by 5,268% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X square meters) was the main destination for metal thread woven fabric exports from Jordan, with a approx. 374% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +43.3%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for woven fabrics of metal thread and woven fabrics of metallised yarn exports from Jordan.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to +42.9%.

Export Prices by Country

In 2022, the average metal thread woven fabric export price amounted to $X per square meter, dropping by -46.5% against the previous year. Over the period under review, the export price, however, showed a significant increase. The pace of growth was the most pronounced in 2021 an increase of 254% against the previous year. As a result, the export price reached the peak level of $X per square meter, and then contracted significantly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -0.2% per year.

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports into Jordan

In 2022, approx. X square meters of woven fabrics of metal thread and woven fabrics of metallised yarn were imported into Jordan; approximately reflecting the previous year. Overall, imports recorded a precipitous curtailment. The smallest decline of 99.9% was in 2021. Imports peaked at X square meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, metal thread woven fabric imports stood at $X in 2022. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of 3,975% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Saudi Arabia (X square meters) was the main supplier of metal thread woven fabric to Jordan, with a 50,481% share of total imports. Moreover, metal thread woven fabric imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X square meters), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at +31.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+29.4% per year) and Turkey (+7.5% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of woven fabrics of metal thread and woven fabrics of metallised yarn to Jordan, comprising 2,486% of total imports. The second position in the ranking was taken by China ($X), with a 368% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia stood at +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.7% per year) and Turkey (+9.6% per year).

Import Prices by Country

In 2022, the average metal thread woven fabric import price amounted to $X per square meter, therefore, remained relatively stable against the previous year. Overall, the import price recorded a sharp downturn. The pace of growth was the most pronounced in 2021 a decrease of 99.9%. The import price peaked at $X per square meter in 2020; however, from 2021 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 Turkey ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform