Jordan: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Jordan

The Jordanian rolled bitumen articles market rose markedly to $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Rolled Bitumen Articles Production in Jordan

In value terms, rolled bitumen articles production rose markedly to $X in 2022 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Rolled Bitumen Articles Exports

Exports from Jordan

In 2022, shipments abroad of articles of bitumen in rolls decreased by X% to X square meters, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, rolled bitumen articles exports shrank notably to $X in 2022. Overall, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X square meters) was the main destination for rolled bitumen articles exports from Jordan, accounting for a X% share of total exports. Moreover, rolled bitumen articles exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X square meters), twofold.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Iraq (X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for articles of bitumen in rolls exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Iraq (X% per year).

Export Prices by Country

In 2022, the average rolled bitumen articles export price amounted to $X per square meter, rising by X% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per square meter), while the average price for exports to Qatar ($X per square meter) was amongst the lowest.

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

Rolled Bitumen Articles Imports

Imports into Jordan

In 2022, rolled bitumen articles imports into Jordan was estimated at X square meters, increasing by X% compared with the previous year. In general, imports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, rolled bitumen articles imports surged to $X in 2022. Overall, imports, however, showed a mild contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X square meters) constituted the largest supplier of rolled bitumen articles to Jordan, accounting for a X% share of total imports. Moreover, rolled bitumen articles imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Egypt (X square meters), more than tenfold. Italy (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Italy (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of articles of bitumen in rolls to Jordan, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average rolled bitumen articles import price amounted to $X per square meter, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2020 an increase of X%. 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 countries with the highest prices were Saudi Arabia ($X per square meter) and Egypt ($X per square meter), while the price for Kuwait ($X per square meter) and Italy ($X per square meter) were amongst the lowest.

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

Source: IndexBox Platform

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