Price for Phosphates; N.E.S in Item No. 2835.2 in Jordan - 2022
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Jordan (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Jordan (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Jordan
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Jordan
Price for Phosphates; N.E.S in Item No. 2835.2 in Jordan (CIF) - 2022
The average import price for phosphates; n.e.s in item no. 2835.2s stood at $3,390 per ton in 2022, jumping by 37% against the previous year. Overall, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($3,367 per ton) and China ($3,366 per ton), while the price for Thailand ($3,366 per ton) and France ($3,366 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in Jordan (FOB) - 2022
The average export price for phosphates; n.e.s in item no. 2835.2s stood at $795 per ton in 2022, falling by -58.9% against the previous year. In general, the export price, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2020 an increase of 80%. Over the period under review, the average export prices attained the maximum at $1,937 per ton in 2021, and then shrank significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +23.2% per year.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Jordan
In 2022, the amount of phosphates; n.e.s in item no. 2835.2s imported into Jordan fell remarkably to 47 tons, reducing by -43.3% on 2021. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of 83 tons, and then contracted rapidly in the following year.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s declined rapidly to $160K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of $207K, and then shrank significantly in the following year.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 2.7 | 12.2 | 74.7 | 188.8% |
| Germany | 10.7 | 12.0 | 25.6 | 33.6 | 46.4% |
| France | 10.0 | 2.9 | 5.5 | 30.1 | 44.4% |
| Thailand | N/A | 1.5 | 6.1 | 10.3 | 162.0% |
| United Arab Emirates | 3.9 | 0.9 | 5.4 | 7.5 | 24.4% |
| Saudi Arabia | 73.7 | 69.9 | 115 | N/A | 24.9% |
| Others | 36.9 | 39.4 | 37.2 | 4.2 | -51.5% |
| Total | 138 | 129 | 207 | 160 | 5.1% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Jordan in 2022:
- China (22.2 tons)
- Germany (10.0 tons)
- France (8.9 tons)
- Thailand (3.1 tons)
- United Arab Emirates (2.2 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Jordan
In 2022, the amount of phosphates; n.e.s in item no. 2835.2s exported from Jordan skyrocketed to 61 tons, rising by 238% compared with 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,766% against the previous year. As a result, the exports reached the peak of 137 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s soared to $49K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 3,250%. As a result, the exports reached the peak of $241K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 1.5 | 9.1 | 2.5 | 48.7 | 219.0% |
| Saudi Arabia | 5.3 | 152 | 31.0 | N/A | 141.8% |
| Others | 0.4 | 80.0 | 1.6 | N/A | 100.0% |
| Total | 7.2 | 241 | 35.0 | 48.7 | 89.1% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Jordan in 2022:
- Free Zones (61.2 tons)
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