Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan - 2022

Contents:

1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan (CIF) - 2022
2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan (FOB) - 2022
3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan
4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan (CIF) - 2022

The average import price for wadding; other articles thereof, of man-made fibreses stood at $10,315 per ton in 2022, rising by 1.6% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, of man-made fibreses increased by +34.7% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 59% against the previous year. As a result, import price attained the peak level of $11,123 per ton. From 2018 to 2022, the average 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 Italy ($10,318 per ton) and the United Arab Emirates ($10,315 per ton), while the price for Saudi Arabia ($10,315 per ton) and Lithuania ($10,315 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $9,497 per ton in 2022, rising by 1.6% against the previous year. In general, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 119% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($9,497 per ton), while the average price for exports to Saudi Arabia totaled $9,496 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan

In 2022, the amount of wadding; other articles thereof, of man-made fibreses imported into Jordan expanded sharply to 693 tons, increasing by 12% on the previous year's figure. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 13%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of man-made fibreses rose notably to $7.2M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +63.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Jordan in 2022:

1. Turkey (180.0 tons)
2. Russia (116.6 tons)
3. United Arab Emirates (91.4 tons)
4. China (60.0 tons)
5. Taiwan (Chinese) (59.5 tons)
6. Poland (41.0 tons)
7. Lithuania (38.8 tons)
8. Ukraine (4.4 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Jordan

In 2022, exports of wadding; other articles thereof, of man-made fibreses from Jordan fell to 125 tons, with a decrease of -11.8% against the previous year. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 291% against the previous year. As a result, the exports attained the peak of 142 tons, and then dropped in the following year.

In value terms, exports of wadding; other articles thereof, of man-made fibreses fell to $1.2M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 400%. As a result, the exports reached the peak of $1.3M, and then reduced in the following year.

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Jordan in 2022:

1. United Arab Emirates (91.8 tons)
2. Saudi Arabia (33.4 tons)

Source: IndexBox Market Intelligence Platform