Price for Rosin and Resin Acids in Jordan - 2022

Contents:

1. Price for Rosin and Resin Acids in Jordan (CIF) - 2022
2. Price for Rosin and Resin Acids in Jordan (FOB) - 2022
3. Imports of Rosin and Resin Acids in Jordan
4. Exports of Rosin and Resin Acids in Jordan

Price for Rosin and Resin Acids in Jordan (CIF) - 2022

The average rosin and resin acids import price stood at $2,071 per ton in 2022, growing by 21% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 27%. Over the period under review, average import prices hit record highs at $2,519 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($2,071 per ton) and Indonesia ($2,071 per ton), while the price for China ($2,071 per ton) and Brazil ($2,071 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rosin and Resin Acids in Jordan (FOB) - 2022

In 2022, the average rosin and resin acids export price amounted to $1,860 per ton, growing by 31% against the previous year. Overall, the export price, however, recorded a slight slump. Over the period under review, the average export prices reached the maximum at $2,187 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Egypt amounted to -6.6% per year.

Imports of Rosin and Resin Acids in Jordan

In 2022, approx. 116 tons of rosin and resin acidses were imported into Jordan; reducing by -32.6% against the previous year. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 54%.

In value terms, rosin and resin acids imports declined remarkably to $239K in 2022. In general, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.9% 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 +59.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 95% against the previous year. As a result, imports attained the peak of $293K, and then fell remarkably in the following year.

Top Suppliers of Rosin and Resin Acids to Jordan in 2022:

1. Brazil (55.2 tons)
2. Vietnam (51.7 tons)
3. Indonesia (5.4 tons)
4. China (3.2 tons)

Exports of Rosin and Resin Acids in Jordan

For the third year in a row, Jordan recorded decline in shipments abroad of rosin and resin acidses, which decreased by -71.8% to 3.2 tons in 2022. Over the period under review, exports faced a precipitous descent. The smallest decline of -0.4% was in 2020.

In value terms, rosin and resin acids exports fell remarkably to $5.9K in 2022. In general, exports saw a precipitous descent. The growth pace was the most rapid in 2020 when exports increased by 5.4% against the previous year. As a result, the exports reached the peak of $26K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Rosin and Resin Acids from Jordan in 2022:

1. Free Zones (3.2 tons)

Source: IndexBox Market Intelligence Platform