Price for Lubricating Preparations Not for the Treatment of Materials in Jordan - 2022
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Jordan (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Jordan (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Jordan
- Exports of Lubricating Preparations Not for the Treatment of Materials in Jordan
Price for Lubricating Preparations Not for the Treatment of Materials in Jordan (CIF) - 2022
In December 2022, the average import price for lubricating preparations not for the treatment of materials amounted to $5,605 per ton, with a decrease of -10.2% against the previous month. Over the period from January 2022 to December 2022, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in June 2022 when the average import price increased by 20% against the previous month. Over the period under review, average import prices hit record highs at $6,241 per ton in November 2022, and then fell 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 Oman ($7,140 per ton), while the price for Israel ($2,922 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 Turkey (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lubricating Preparations Not for the Treatment of Materials in Jordan (FOB) - 2022
In 2022, the average export price for lubricating preparations not for the treatment of materials amounted to $4,463 per ton, growing by 14% against the previous year. In general, the export price posted a resilient expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 135% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($7,189 per ton), while the average price for exports to Free Zones ($2,645 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 Kuwait (+73.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lubricating Preparations Not for the Treatment of Materials in Jordan
Imports of lubricating preparations not for the treatment of materials into Jordan dropped dramatically to 4.6K tons in 2022, shrinking by -29.6% compared with 2021. In general, imports recorded a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 19%.
In value terms, imports of lubricating preparations not for the treatment of materials declined to $15M in 2022. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year.
| Import of Lubricating Preparations Not for the Treatment of Materials in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.4 | 4.9 | 6.0 | 4.5 | -11.1% |
| Japan | 2.0 | 1.9 | 2.1 | 2.8 | 11.9% |
| United States | 1.1 | 1.3 | 1.1 | 1.7 | 15.6% |
| Germany | 2.8 | 1.5 | 1.2 | 1.0 | -29.1% |
| Turkey | 0.4 | 0.4 | 0.3 | 0.8 | 26.0% |
| Belgium | 0.4 | 0.5 | 0.4 | 0.7 | 20.5% |
| South Korea | 0.5 | 0.7 | 0.7 | 0.7 | 11.9% |
| Israel | 0.7 | 0.4 | 0.6 | 0.4 | -17.0% |
| Singapore | 0.8 | 0.7 | 0.7 | 0.4 | -20.6% |
| China | 0.1 | N/A | 2.8 | 0.3 | 44.2% |
| Others | 2.8 | 2.0 | 2.0 | 2.0 | -10.6% |
| Total | 17.9 | 14.3 | 17.8 | 15.3 | -5.1% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Jordan in 2022:
- United Arab Emirates (2409.7 tons)
- Japan (469.7 tons)
- Turkey (372.0 tons)
- United States (278.1 tons)
- Germany (195.9 tons)
- Israel (130.6 tons)
- South Korea (122.1 tons)
- Belgium (115.3 tons)
- China (81.4 tons)
- Singapore (67.9 tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Jordan
In 2022, shipments abroad of lubricating preparations not for the treatment of materials was finally on the rise to reach 79 tons after two years of decline. In general, exports, however, faced a sharp downturn.
In value terms, exports of lubricating preparations not for the treatment of materials soared to $351K in 2022. Over the period under review, exports, however, faced a dramatic descent.
| Export of Lubricating Preparations Not for the Treatment of Materials in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | N/A | N/A | N/A | 236 | 0% |
| Free Zones | 258 | 236 | 45.7 | 73.7 | -34.1% |
| Lebanon | 4.9 | 5.0 | 4.7 | 21.9 | 64.7% |
| Syrian Arab Republic | N/A | N/A | N/A | 16.0 | 0% |
| Turkey | 1,220 | 945 | N/A | N/A | -22.5% |
| Others | 30.5 | 44.3 | 46.1 | 3.5 | -51.4% |
| Total | 1,514 | 1,230 | 96.6 | 351 | -38.6% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Jordan in 2022:
- Palestine (44.0 tons)
- Free Zones (27.9 tons)
- Syrian Arab Republic (3.0 tons)
- Lebanon (3.0 tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Jordan.
627
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
97
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Jordan.
627
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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