Price for Textiles; Worn Clothing and Other Worn Articles in Jordan - 2022

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Jordan (CIF) - 2022
2. Price for Textiles; Worn Clothing and Other Worn Articles in Jordan (FOB) - 2022
3. Imports of Textiles; Worn Clothing and Other Worn Articles in Jordan
4. Exports of Textiles; Worn Clothing and Other Worn Articles in Jordan

Price for Textiles; Worn Clothing and Other Worn Articles in Jordan (CIF) - 2022

The average import price for textiles; worn clothing and other worn articleses stood at $1,220 per ton in 2022, waning by -2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum at $1,252 per ton in 2021, and then fell modestly in the following year.

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 ($1,220 per ton) and the United States ($1,220 per ton), while the price for Canada ($1,220 per ton) and the UK ($1,220 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textiles; Worn Clothing and Other Worn Articles in Jordan (FOB) - 2022

In 2022, the average export price for textiles; worn clothing and other worn articleses amounted to $1,191 per ton, standing approx. at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. As a result, the export price attained the peak level of $1,686 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($1,192 per ton) and the United Arab Emirates ($1,192 per ton), while the average price for exports to Free Zones ($1,192 per ton) and the UK ($1,192 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 Ethiopia (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textiles; Worn Clothing and Other Worn Articles in Jordan

In 2022, approx. 25K tons of textiles; worn clothing and other worn articleses were imported into Jordan; jumping by 42% against the previous year. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of textiles; worn clothing and other worn articleses soared to $31M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.6% 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 +84.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Jordan in 2022:

1. United States (6.9K tons)
2. United Arab Emirates (5.7K tons)
3. Germany (2.9K tons)
4. United Kingdom (2.3K tons)
5. China (1.8K tons)
6. Turkey (1.2K tons)
7. Belgium (1.2K tons)
8. Netherlands (0.6K tons)

Exports of Textiles; Worn Clothing and Other Worn Articles in Jordan

In 2022, approx. 103 tons of textiles; worn clothing and other worn articleses were exported from Jordan; which is down by -73.5% on the year before. In general, exports saw a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. As a result, the exports reached the peak of 389 tons, and then contracted dramatically in the following year.

In value terms, exports of textiles; worn clothing and other worn articleses shrank notably to $123K in 2022. Overall, exports saw a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 86%. As a result, the exports reached the peak of $464K, and then dropped significantly in the following year.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Jordan in 2022:

1. Philippines (51.7 tons)
2. United Arab Emirates (14.5 tons)
3. Free Zones (10.4 tons)
4. United Kingdom (8.6 tons)
5. Sri Lanka (3.3 tons)
6. Indonesia (3.0 tons)
7. Ethiopia (2.9 tons)

Source: IndexBox Market Intelligence Platform