Hardboard Price in Jordan - 2022
Contents:
- Hardboard Price in Jordan (CIF) - 2022
- Hardboard Price in Jordan (FOB) - 2022
- Hardboard Imports in Jordan
- Hardboard Exports in Jordan
Hardboard Price in Jordan (CIF) - 2022
The average hardboard import price stood at $817 per cubic meter in 2022, with an increase of 15% against the previous year. Overall, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2020 an increase of 59% against the previous year. The import price peaked 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 Malaysia ($817 per cubic meter) and China ($817 per cubic meter), while the price for Italy ($817 per cubic meter) and Indonesia ($817 per cubic meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Hardboard Price in Jordan (FOB) - 2022
In 2022, the average hardboard export price amounted to $794 per cubic meter, picking up by 20% against the previous year. Overall, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices hit record highs at $797 per cubic meter in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($794 per cubic meter), while the average price for exports to Syrian Arab Republic amounted to $793 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Hardboard Imports in Jordan
In 2022, approx. 41K cubic meters of hardboard were imported into Jordan; shrinking by -27% compared with the previous year's figure. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 77%. Imports peaked at 57K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, hardboard imports shrank markedly to $34M in 2022. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 115%. As a result, imports reached the peak of $40M, and then dropped dramatically in the following year.
| Import of Hardboard in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.3 | 12.0 | 30.5 | 25.2 | 30.6% |
| Thailand | 3.2 | 1.7 | 4.9 | 6.2 | 24.7% |
| Malaysia | 1.3 | 1.3 | 0.5 | 0.8 | -14.9% |
| Italy | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
| Indonesia | 3.4 | 2.0 | 2.3 | 0.2 | -61.1% |
| Others | 1.8 | 1.7 | 1.9 | 0.8 | -23.7% |
| Total | 21.1 | 18.8 | 40.4 | 33.8 | 17.0% |
Top Suppliers of Hardboard to Jordan in 2022:
- China (30.9K cubic meters)
- Thailand (7.6K cubic meters)
- Malaysia (1.0K cubic meters)
- Italy (0.6K cubic meters)
- Indonesia (0.3K cubic meters)
Hardboard Exports in Jordan
In 2022, overseas shipments of hardboard decreased by -10.3% to 2.4K cubic meters, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 108% against the previous year. As a result, the exports reached the peak of 7K cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, hardboard exports rose remarkably to $1.9M in 2022. Over the period under review, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 226% against the previous year. As a result, the exports reached the peak of $3.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Hardboard in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 952 | 3,324 | 1,431 | 1,805 | 23.8% |
| Syrian Arab Republic | 27.9 | 58.7 | 63.9 | 104 | 55.1% |
| Free Zones | 97.3 | 193 | 198 | N/A | 42.7% |
| Lebanon | 22.8 | 43.9 | 47.1 | N/A | 43.7% |
| Others | 20.4 | 33.4 | 29.7 | N/A | 20.7% |
| Total | 1,120 | 3,653 | 1,769 | 1,909 | 19.5% |
Top Export Markets for Hardboard from Jordan in 2022:
- Iraq (2.3K cubic meters)
- Syrian Arab Republic (0.1K cubic meters)
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