Report Update May 1, 2024

Jordan - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights

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Jordan: Market for Glass Fibres And Glass Wool 2024

Market Size for Glass Fibres And Glass Wool in Jordan

The Jordanian glass fibres and wool market contracted dramatically to $X in 2022, waning by -19.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a perceptible shrinkage. Glass fibres and wool consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Exports of Glass Fibres And Glass Wool

Exports from Jordan

In 2022, approx. X kg of glass fibres and glass wool were exported from Jordan; waning by -80.8% on the previous year's figure. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of 1,341% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, glass fibres and wool exports reduced dramatically to $X in 2022. Overall, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by 686% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X kg) was the main destination for glass fibres and wool exports from Jordan, accounting for a 67% share of total exports. Moreover, glass fibres and wool exports to Hungary exceeded the volume sent to the second major destination, Iraq (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume to Hungary was relatively modest.

In value terms, Hungary ($X) emerged as the key foreign market for glass fibres and glass wool exports from Jordan, comprising 67% of total exports. The second position in the ranking was held by Iraq ($X), with a 33% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hungary was relatively modest.

Export Prices by Country

In 2022, the average glass fibres and wool export price amounted to $X per ton, with an increase of 103% against the previous year. In general, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 153% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Hungary totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres And Glass Wool

Imports into Jordan

For the third consecutive year, Jordan recorded decline in purchases abroad of glass fibres and glass wool, which decreased by -12.5% to X tons in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2014 when imports increased by 38%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, glass fibres and wool imports reduced remarkably to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 35%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), China (X tons) and Kuwait (X tons) were the main suppliers of glass fibres and wool imports to Jordan, with a combined 82% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +6.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibres and wool suppliers to Jordan were China ($X), Kuwait ($X) and Saudi Arabia ($X), with a combined 70% share of total imports.

China, with a CAGR of +7.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass fibres and wool import price stood at $X per ton in 2022, falling by -10.5% against the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 54% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.

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 Turkey ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibres and glass wool in the world?

The United States constituted the country with the largest volume of glass fibres and wool consumption, accounting for 53% of total volume. Moreover, glass fibres and wool consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was held by India, with a 4.8% share.

What are the largest producers of glass fibres and glass wool in the world?

The United States remains the largest glass fibres and wool producing country worldwide, accounting for 52% of total volume. Moreover, glass fibres and wool production in the United States exceeded the figures recorded by the second-largest producer, China, fourfold. The third position in this ranking was held by India, with a 4.5% share.

What are the leading suppliers of glass fibres and glass wool to Jordan?

In value terms, China, Kuwait and Saudi Arabia appeared to be the largest glass fibres and wool suppliers to Jordan, with a combined 70% share of total imports.

What are the leading importers of glass fibres and glass wool from Jordan?

In value terms, Hungary emerged as the key foreign market for glass fibres and glass wool exports from Jordan, comprising 67% of total exports. The second position in the ranking was held by Iraq, with a 33% share of total exports.

What is the average export price for glass fibres and glass wool in Jordan?

The average glass fibres and wool export price stood at $11,770 per ton in 2022, jumping by 103% against the previous year.

What is the average import price for glass fibres and glass wool in Jordan?

In 2022, the average glass fibres and wool import price amounted to $4,897 per ton, falling by -10.5% against the previous year.

This report provides an in-depth analysis of the market for glass fibres and wool in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)

Country coverage:

Jordan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Jordan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023