Price for Braids; in the Piece in Jordan - 2022

Price for Braids; in the Piece in Jordan (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $24,816 per ton, with an increase of 9% against the previous year. In general, the import price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 114% against the previous year. Over the period under review, average import prices hit record highs at $34,423 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($24,820 per ton), while the price for the United Arab Emirates ($24,804 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Braids; in the Piece in Jordan (FOB) - 2022

In 2021, the average braids; in the piece export price amounted to $14,694 per ton, which is down by -28.2% against the previous year. In general, the export price recorded a pronounced curtailment. The export price peaked at $21,333 per ton in 2012; however, from 2013 to 2021, 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 the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to 0.0% per year.

Imports of Braids; in the Piece in Jordan

After three years of growth, supplies from abroad of braids; in the pieces decreased by -85.7% to 1.3 tons in 2022. Overall, imports faced a dramatic contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 49% against the previous year.

In value terms, braids; in the piece imports declined dramatically to $32K in 2022. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of $206K, and then contracted markedly in the following year.

Import of Braids; in the Piece in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	0.6	0.9	1.2	20.8	226.1%
China	12.8	54.7	40.8	8.7	-12.1%
United Arab Emirates	4.6	2.1	2.2	2.7	-16.3%
Hong Kong SAR	58.7	28.2	23.5	N/A	-36.7%
India	30.1	27.7	18.5	N/A	-21.6%
Taiwan (Chinese)	18.5	37.5	93.9	N/A	125.3%
Others	13.5	15.2	26.0	N/A	38.8%
Total	139	166	206	32.2	-38.6%

Top Suppliers of Braids; in the Piece to Jordan in 2022:

Vietnam (838.0 kg)
China (351.0 kg)
United Arab Emirates (107.0 kg)

Exports of Braids; in the Piece in Jordan

Braids; in the piece exports from Jordan skyrocketed to 108 kg in 2021, picking up by 112% on 2020 figures. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, braids; in the piece exports skyrocketed to $1.6K in 2021. In general, total exports indicated a significant expansion from 2020 to 2021: its value increased at an average annual rate of +52.0% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.