Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan (CIF) - 2022
In December 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $7,788 per ton, shrinking by -55.6% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 193% month-to-month. As a result, import price reached the peak level of $17,551 per ton, and then contracted significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Saudi Arabia ($7,765 per ton), while the price for Egypt ($2,607 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $3,248 per ton, remaining constant against the previous year. Overall, the export price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 110%. As a result, the export price reached the peak level of $5,065 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($10,921 per ton), while the average price for exports to Free Zones ($2,501 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Jordan soared to 1.4K tons in 2022, with an increase of 16% compared with the previous year's figure. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $6M in 2022. Over the period under review, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,213 | 774 | 1,732 | 2,205 | 22.0% |
| United States | 97.2 | 35.7 | 22.4 | 1,289 | 136.7% |
| Kuwait | 855 | 495 | 841 | 1,123 | 9.5% |
| Turkey | 512 | 284 | 320 | 327 | -13.9% |
| United Arab Emirates | 647 | 143 | 80.9 | 327 | -20.3% |
| India | 60.3 | 12.9 | 31.6 | 103 | 19.5% |
| Malaysia | 708 | 108 | 47.2 | N/A | -74.2% |
| Saudi Arabia | 362 | 360 | 406 | N/A | 5.9% |
| Others | 687 | 738 | 499 | 583 | -5.3% |
| Total | 5,140 | 2,951 | 3,980 | 5,958 | 5.0% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Jordan in 2022:
- China (587.8 tons)
- Kuwait (401.0 tons)
- United States (158.5 tons)
- Turkey (127.2 tons)
- United Arab Emirates (86.2 tons)
- India (22.0 tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Jordan surged to 25 tons, rising by 38% on the previous year's figure. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 430%.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) soared to $81K in 2022. Overall, exports posted strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 240% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 23.9 | 17.3 | 17.1 | 45.5 | 23.9% |
| Hungary | N/A | N/A | N/A | 18.6 | 0% |
| Iraq | N/A | N/A | N/A | 17.3 | 0% |
| Palestine | 2.3 | N/A | 40.0 | N/A | 317.0% |
| Oman | 0.7 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 35.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.6 | N/A | 0% |
| Total | 62.1 | 17.3 | 58.7 | 81.3 | 9.4% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Jordan in 2022:
- Free Zones (18.2 tons)
- Iraq (5.2 tons)
- Hungary (1.7 tons)
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