Jordan - Nitrogen - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Jordan - Nitrogen - Market Analysis, Forecast, Size, Trends And Insights

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Nitrogen Price in Jordan - 2022

Contents:

  1. Nitrogen Price in Jordan (CIF) - 2022
  2. Nitrogen Price in Jordan (FOB) - 2022
  3. Nitrogen Imports in Jordan
  4. Nitrogen Exports in Jordan

Nitrogen Price in Jordan (CIF) - 2022

In 2022, the average nitrogen import price amounted to $0.2 per cubic meter, growing by 8.4% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 50%. Over the period under review, average import prices attained the peak figure at $0.6 per cubic meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Kuwait.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to -2.7% per year.

Nitrogen Price in Jordan (FOB) - 2022

The average nitrogen export price stood at $3.8 per cubic meter in 2022, waning by -6.3% against the previous year. In general, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $12 per cubic meter in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to -2.3% per year.

Nitrogen Imports in Jordan

In 2022, approx. 2.8M cubic meters of nitrogen were imported into Jordan; growing by 2.6% on 2021 figures. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 3.6% against the previous year. As a result, imports attained the peak of 5.2M cubic meters. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nitrogen imports expanded significantly to $499K in 2022. Over the period under review, imports, however, recorded a abrupt contraction. Imports peaked at $925K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Nitrogen in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait765555396472-14.9%
Saudi Arabia1301354.7N/A-81.0%
Others29.238.447.626.1-3.7%
Total925728448499-18.6%

Top Suppliers of Nitrogen to Jordan in 2022:

  1. Kuwait (2.8M cubic meters)

Nitrogen Exports in Jordan

In 2022, shipments abroad of nitrogen decreased by -49.1% to 1.3K cubic meters, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a mild expansion. The growth pace was the most rapid in 2020 with an increase of 300%. As a result, the exports reached the peak of 5.1K cubic meters. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, nitrogen exports shrank dramatically to $5.1K in 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 91%. As a result, the exports reached the peak of $16K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Nitrogen in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lebanon2.42.43.05.128.6%
Syrian Arab Republic1.41.31.4N/A0.0%
United Arab EmiratesN/AN/A0.1N/A0%
EgyptN/A7.5N/AN/A0%
Others4.74.96.1N/A13.9%
Total8.516.110.65.1-15.7%

Top Export Markets for Nitrogen from Jordan in 2022:

  1. Lebanon (1.3K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nitrogen market in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20111160 - Nitrogen

Country coverage:

  • Jordan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Jordan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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