Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan - 2022

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan (CIF) - 2022

In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,555 per ton, increasing by 15% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for adhesives; prepared, based on rubber or plastics (including artificial resins) increased by +82.2% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 29% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($4,555 per ton) and the United States ($4,555 per ton), while the price for Italy ($4,555 per ton) and Spain ($4,555 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan (FOB) - 2022

In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,232 per ton, with an increase of 17% against the previous year. Over the period under review, the export price recorded a moderate expansion. The most prominent rate of growth was recorded in 2020 an increase of 41%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lebanon ($4,233 per ton) and the United Arab Emirates ($4,232 per ton), while the average price for exports to Free Zones ($4,232 per ton) and Qatar ($4,232 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan

In 2022, overseas purchases of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -39.1% to 1.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 0.3%. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) fell rapidly to $4.9M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8811,4387318860.2%
Egypt9611,5521,056712-9.5%
Germany40257273262816.0%
China2503521,09658532.8%
Italy36355576549510.9%
Saudi Arabia800579405439-18.1%
Spain21831467929310.4%
Turkey372336646173-22.5%
United Arab Emirates21312718588.3-25.4%
Others5676887436424.2%
Total5,0276,5137,0364,942-0.6%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Jordan in 2022:

  1. United States (194.5 tons)
  2. Egypt (156.2 tons)
  3. Germany (137.9 tons)
  4. China (128.4 tons)
  5. Italy (108.6 tons)
  6. Saudi Arabia (96.5 tons)
  7. Spain (64.4 tons)
  8. Turkey (38.0 tons)
  9. United Arab Emirates (19.4 tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan

In 2022, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Jordan shrank markedly to 162 tons, which is down by -70.8% against the year before. In general, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 6%.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) plummeted to $686K in 2022. Over the period under review, exports showed a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 3.5%.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AlgeriaN/A52.7N/A284132.1%
United Arab EmiratesN/AN/A7.699.71211.8%
Egypt58384.847483.3-47.7%
Qatar176114N/A67.3-27.4%
Free Zones30319819550.5-45.0%
TurkeyN/AN/AN/A47.50%
LibyaN/AN/A38.842.18.5%
YemenN/A172483N/A180.8%
Iraq626356585N/A-3.3%
Saudi Arabia1,271823162N/A-64.3%
Bahrain21651.352.5N/A-50.7%
Others28486.16.811.4-65.8%
Total3,4611,9392,006686-41.7%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Jordan in 2022:

  1. Algeria (67.2 tons)
  2. United Arab Emirates (23.6 tons)
  3. Egypt (19.7 tons)
  4. Qatar (15.9 tons)
  5. Free Zones (11.9 tons)
  6. Turkey (11.2 tons)
  7. Libya (10.0 tons)

Source: IndexBox Market Intelligence Platform

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