Jordan: Plastic Bottle Market 2024

Plastic Bottle Market Size in Jordan

The Jordanian plastic bottle market expanded rapidly to $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated perceptible growth 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. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Bottle Production in Jordan

In value terms, plastic bottle production expanded sharply to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Plastic Bottle Exports

Exports from Jordan

In 2022, after three years of decline, there was significant growth in shipments abroad of carboys, bottles and similar articles of plastics, when their volume increased by X% to X tons. In general, exports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, plastic bottle exports surged to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X tons) was the main destination for plastic bottle exports from Jordan, accounting for a X% share of total exports. Moreover, plastic bottle exports to Saudi Arabia exceeded the volume sent to the second major destination, Palestine (X tons), twofold. Oman (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (X% per year) and Oman (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for carboys, bottles and similar articles of plastics exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Palestine ($X), with an X% share of total exports. It was followed by Lebanon, with an X% share.

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: Palestine (X% per year) and Lebanon (X% per year).

Export Prices by Country

In 2022, the average plastic bottle export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

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

Plastic Bottle Imports

Imports into Jordan

In 2022, after three years of decline, there was significant growth in supplies from abroad of carboys, bottles and similar articles of plastics, when their volume increased by X% to X tons. Overall, imports, however, faced a deep setback. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic bottle imports soared to $X in 2022. In general, imports, however, showed a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest plastic bottle supplier to Jordan, with a X% share of total imports. Moreover, plastic bottle imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with an 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: China (X% per year) and Turkey (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of carboys, bottles and similar articles of plastics to Jordan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

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

Import Prices by Country

The average plastic bottle import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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