Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Jordan - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Jordan (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Jordan

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Jordan (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,406 per ton in 2022, rising by 51% against the previous year. Overall, the import price, however, showed a slight reduction. Over the period under review, average import prices reached the maximum at $1,649 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,544 per ton) and South Korea ($1,544 per ton), while the price for Taiwan (Chinese) ($1,053 per ton) and China ($1,149 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Jordan

Imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Jordan soared to 1.8K tons in 2022, with an increase of 48% compared with 2021. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides soared to $2.5M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2623211931,12362.4%
United Arab Emirates52.1127269707138.5%
China3921171044403.9%
Italy67.876.371.110013.8%
Taiwan (Chinese)33.445.464.956.118.9%
India26715840450.2-42.7%
Others42.3N/A0.8N/A-86.2%
Total1,1168441,1072,47630.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Jordan in 2022:

  1. South Korea (727.0 tons)
  2. United Arab Emirates (480.2 tons)
  3. China (383.2 tons)
  4. Italy (85.3 tons)
  5. Taiwan (Chinese) (53.3 tons)
  6. India (32.5 tons)

Source: IndexBox Market Intelligence Platform

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