Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan - 2022

Contents:

1. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan (FOB) - 2022
2. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan (CIF) - 2022
3. Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan
4. Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan (FOB) - 2022

The average export price for lac; natural gums, resins, gum-resins and balsamses stood at $3,980 per ton in 2022, reducing by -49.6% against the previous year. Overall, the export price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of 174% against the previous year. Over the period under review, the average export prices reached the maximum at $12,636 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($3,980 per ton), while the average price for exports to France totaled $3,980 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.7%), while the prices for the other major destinations experienced a decline.

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan (CIF) - 2022

The average import price for lac; natural gums, resins, gum-resins and balsamses stood at $5,753 per ton in 2022, rising by 41% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. Over the period under review, average import prices reached the peak figure at $15,435 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($9,771 per ton), while the price for France ($3,612 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+46.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan

Exports of lac; natural gums, resins, gum-resins and balsamses from Jordan surged to 271 tons in 2022, increasing by 9,414% compared with 2021 figures. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of lac; natural gums, resins, gum-resins and balsamses surged to $1.1M in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Jordan in 2022:

1. France (259.9 tons)
2. Palestine (11.3 tons)

Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Jordan

Imports of lac; natural gums, resins, gum-resins and balsamses into Jordan reduced sharply to 185 tons in 2022, shrinking by -20.4% on the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 145% against the previous year. As a result, imports attained the peak of 232 tons, and then declined significantly in the following year.

In value terms, imports of lac; natural gums, resins, gum-resins and balsamses expanded notably to $1.1M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Jordan in 2022:

1. Greece (110.1 tons)
2. Sudan (35.2 tons)
3. Germany (22.2 tons)
4. Nigeria (6.6 tons)
5. India (3.9 tons)
6. Egypt (2.0 tons)

Source: IndexBox Market Intelligence Platform