Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan - 2022
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan (CIF) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Jordan
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | N/A | 338 | 16.2 | 2,711 | 183.2% |
United Arab Emirates | 2,081 | 1,734 | 2,511 | 985 | -22.1% |
Saudi Arabia | 247 | 539 | 1,139 | 846 | 50.7% |
Germany | 1,907 | 2,649 | 3,819 | 733 | -27.3% |
United States | 363 | 22.9 | 9.3 | 717 | 25.5% |
France | 17.0 | 4.2 | 26.8 | 187 | 122.4% |
India | 1.1 | 2.1 | N/A | 180 | 447.0% |
Qatar | N/A | 553 | N/A | N/A | 0% |
Oman | 1,162 | 833 | 562 | N/A | -30.5% |
Others | 387 | 428 | 662 | 337 | -4.5% |
Total | 6,165 | 7,105 | 8,745 | 6,696 | 2.8% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Jordan in 2022:
- Kuwait (2518.5 tons)
- United Arab Emirates (915.4 tons)
- Saudi Arabia (786.0 tons)
- Germany (681.0 tons)
- United States (666.5 tons)
- France (173.6 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 900 | 1,042 | 1,916 | 777 | -4.8% |
Turkey | 200 | 384 | N/A | 143 | -10.6% |
United Arab Emirates | 26.8 | N/A | N/A | 29.9 | 3.7% |
Lebanon | 38.9 | N/A | 52.3 | 24.8 | -13.9% |
South Korea | N/A | N/A | 57.4 | N/A | 0% |
Others | 65.6 | N/A | 318 | N/A | 120.2% |
Total | 1,231 | 1,427 | 2,344 | 975 | -7.5% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Jordan in 2022:
- Free Zones (717.4 tons)
- Turkey (131.9 tons)
- United Arab Emirates (27.6 tons)
- Lebanon (22.9 tons)
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