Price for Mineral Substances Not Elsewhere Specified or Included in Jordan - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Jordan (FOB) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Jordan (CIF) - 2022
- Exports of Mineral Substances Not Elsewhere Specified or Included in Jordan
- Imports of Mineral Substances Not Elsewhere Specified or Included in Jordan
Price for Mineral Substances Not Elsewhere Specified or Included in Jordan (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $1,035 per ton in 2022, approximately mirroring the previous year. Overall, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices attained the maximum at $2,114 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($2,085 per ton), while the average price for exports to Kuwait ($222 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 Israel (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Jordan (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $281 per ton in 2022, declining by -15.7% against the previous year. Over the period under review, the import price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 64%. Over the period under review, average import prices reached the peak figure at $636 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($386 per ton), while the price for Turkey ($170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+55.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mineral Substances Not Elsewhere Specified or Included in Jordan
In 2022, the amount of mineral substances not elsewhere specified or includeds exported from Jordan skyrocketed to 799 tons, jumping by 29% on the previous year's figure. In general, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year.
In value terms, exports of mineral substances not elsewhere specified or includeds surged to $827K in 2022. Overall, total exports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 312 | 237 | 449 | 723 | 32.3% |
| Iraq | 352 | 231 | 37.2 | 55.7 | -45.9% |
| Kuwait | 55.7 | 3.9 | 9.3 | 18.5 | -30.7% |
| United Arab Emirates | 6.8 | N/A | 113 | 7.4 | 2.9% |
| Others | 56.2 | 1.5 | 26.9 | 22.7 | -26.1% |
| Total | 782 | 473 | 636 | 827 | 1.9% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Jordan in 2022:
- Israel (655.2 tons)
- Kuwait (83.3 tons)
- Iraq (26.7 tons)
- United Arab Emirates (20.0 tons)
Imports of Mineral Substances Not Elsewhere Specified or Included in Jordan
In 2022, imports of mineral substances not elsewhere specified or includeds into Jordan surged to 334 tons, with an increase of 62% against the year before. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds skyrocketed to $94K in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | N/A | N/A | N/A | 31.5 | 0% |
| Turkey | N/A | 7.5 | 4.3 | 21.0 | 67.3% |
| United Arab Emirates | 52.4 | 42.5 | 56.0 | 19.4 | -28.2% |
| Hungary | N/A | N/A | N/A | 18.8 | 0% |
| India | 3.5 | 12.5 | N/A | 2.9 | -6.1% |
| Germany | 22.2 | 20.5 | N/A | N/A | -7.7% |
| Egypt | N/A | N/A | 3.6 | N/A | 0% |
| Others | 0.9 | 5.3 | 4.6 | N/A | 126.1% |
| Total | 79.1 | 88.2 | 68.4 | 93.6 | 5.8% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Jordan in 2022:
- Turkey (123.7 tons)
- Free Zones (94.2 tons)
- United Arab Emirates (58.2 tons)
- Hungary (48.6 tons)
- India (9.0 tons)
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