Jordan: Starch Glue Market 2024

Starch Glue Market Size in Jordan

The Jordanian starch glue market was estimated at $X in 2023, remaining stable against the previous year. Overall, the total consumption indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Starch Glue Production in Jordan

In value terms, starch glue production rose rapidly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth failed to regain momentum.

Starch Glue Exports

Exports from Jordan

In 2023, the amount of glues based on starches, dextrins or other modified starches exported from Jordan reduced to X tons, with a decrease of X% compared with 2022 figures. Over the period under review, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, starch glue exports contracted to $X in 2023. In general, exports showed a sharp descent. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Bahrain (X tons), Palestine (X tons) and Iraq (X kg) were the main destinations of starch glue exports from Jordan, together comprising X% of total exports. The United Arab Emirates, Egypt, Free Zones, Syrian Arab Republic and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for starch glue exported from Jordan were Bahrain ($X), Free Zones ($X) and Palestine ($X), with a combined X% share of total exports. The United Arab Emirates, Iraq, Egypt, the Netherlands and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average starch glue export price stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, export price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, starch glue export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2023, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Starch Glue Imports

Imports into Jordan

In 2023, the amount of glues based on starches, dextrins or other modified starches imported into Jordan reduced to X tons, waning by X% on 2022 figures. Over the period under review, imports, however, posted a strong increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then fell in the following year.

In value terms, starch glue imports shrank rapidly to $X in 2023. Overall, imports, however, continue to indicate a notable increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then dropped markedly in the following year.

Imports by Country

Germany (X tons), Saudi Arabia (X tons) and the Netherlands (X tons) were the main suppliers of starch glue imports to Jordan, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest starch glue suppliers to Jordan were Saudi Arabia ($X), the Netherlands ($X) and Italy ($X), together comprising X% of total imports. Germany, Egypt, Spain, India, Thailand and China lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2023, the average starch glue import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price recorded a perceptible slump. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2023, the average import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform