Salicylic Acid Price in Jordan - 2022

Contents:

  1. Salicylic Acid Price in Jordan (CIF) - 2022
  2. Salicylic Acid Price in Jordan (FOB) - 2022
  3. Salicylic Acid Imports in Jordan
  4. Salicylic Acid Exports in Jordan

Salicylic Acid Price in Jordan (CIF) - 2022

The average salicylic acid import price stood at $18,995 per ton in 2022, increasing by 62% against the previous year. Over the period under review, the import price posted a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($118,407 per ton), while the price for China ($9,912 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Salicylic Acid Price in Jordan (FOB) - 2022

In 2022, the average salicylic acid export price amounted to $5,021 per ton, almost unchanged from the previous year. Over the period under review, the export price recorded a noticeable decline. The pace of growth appeared the most rapid in 2020 a decrease of 99.9% against the previous year. The export price peaked at $6,843 per ton in 2014; however, from 2015 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 Israel.

From 2014 to 2022, the rate of growth in terms of prices for Israel amounted to 0.0% per year.

Salicylic Acid Imports in Jordan

In 2022, after three years of growth, there was significant decline in purchases abroad of salicylic acid and its salts, when their volume decreased by -71.7% to 3.2 tons. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 115%.

In value terms, salicylic acid imports declined dramatically to $60K in 2022. Overall, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 171%.

Import of Salicylic Acid in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.95.86.024.7201.6%
China7.79.388.824.446.9%
France5.437.215.311.227.5%
Germany4.910.11.5N/A-44.7%
Egypt0.92.71.4N/A24.7%
Netherlands7.018.110.3N/A21.3%
Others15.330.78.3N/A-26.3%
Total42.111413260.312.7%

Top Suppliers of Salicylic Acid to Jordan in 2022:

  1. China (2460.0 kg)
  2. France (301.0 kg)
  3. Spain (209.0 kg)

Salicylic Acid Exports in Jordan

After two years of decline, shipments abroad of salicylic acid and its salts decreased by 0% to 2.9 tons in 2022. Overall, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, salicylic acid exports stood at $14K in 2022. Over the period under review, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Salicylic Acid in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A14.40%
Others0.1N/AN/AN/A0%
Total0.1N/AN/A14.4424.1%

Top Export Markets for Salicylic Acid from Jordan in 2022:

  1. Israel (2.9 tons)

Source: IndexBox Market Intelligence Platform

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