Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan - 2022

Contents:

  1. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan (CIF) - 2022
  2. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan (FOB) - 2022
  3. Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan
  4. Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan (CIF) - 2022

The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,077 per ton in 2022, jumping by 43% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The import price peaked at $2,679 per ton in 2017; however, from 2018 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 countries with the highest prices were India ($1,076 per ton) and the United States ($1,076 per ton), while the price for France ($1,076 per ton) and Kuwait ($1,076 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan (FOB) - 2022

In 2022, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,083 per ton, dropping by -18% against the previous year. Overall, the export price saw a pronounced downturn. The pace of growth appeared the most rapid in 2019 an increase of 21%. As a result, the export price attained the peak level of $2,030 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lebanon ($1,083 per ton) and Free Zones ($1,083 per ton), while the average price for exports to the United Arab Emirates ($1,083 per ton) and Turkey ($1,083 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan

In 2022, after three years of growth, there was significant decline in purchases abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s, when their volume decreased by -46.6% to 6.2K tons. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 124%.

In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s contracted significantly to $6.7M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of $8.7M, and then declined dramatically in the following year.

Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KuwaitN/A33816.22,711183.2%
United Arab Emirates2,0811,7342,511985-22.1%
Saudi Arabia2475391,13984650.7%
Germany1,9072,6493,819733-27.3%
United States36322.99.371725.5%
France17.04.226.8187122.4%
India1.12.1N/A180447.0%
QatarN/A553N/AN/A0%
Oman1,162833562N/A-30.5%
Others387428662337-4.5%
Total6,1657,1058,7456,6962.8%

Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Jordan in 2022:

  1. Kuwait (2518.5 tons)
  2. United Arab Emirates (915.4 tons)
  3. Saudi Arabia (786.0 tons)
  4. Germany (681.0 tons)
  5. United States (666.5 tons)
  6. France (173.6 tons)
  7. India (167.2 tons)

Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan

After three years of growth, overseas shipments of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s decreased by -49.3% to 900 tons in 2022. In general, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 79%. As a result, the exports reached the peak of 1.8K tons, and then shrank rapidly in the following year.

In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s reduced sharply to $975K in 2022. Over the period under review, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of $2.3M, and then reduced remarkably in the following year.

Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones9001,0421,916777-4.8%
Turkey200384N/A143-10.6%
United Arab Emirates26.8N/AN/A29.93.7%
Lebanon38.9N/A52.324.8-13.9%
South KoreaN/AN/A57.4N/A0%
Others65.6N/A318N/A120.2%
Total1,2311,4272,344975-7.5%

Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Jordan in 2022:

  1. Free Zones (717.4 tons)
  2. Turkey (131.9 tons)
  3. United Arab Emirates (27.6 tons)
  4. Lebanon (22.9 tons)

Source: IndexBox Market Intelligence Platform

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