Jordan: Plastic Container Market 2024

Plastic Container Market Size in Jordan

The Jordanian plastic container market reached $X in 2022, rising by X% against the previous year. Overall, consumption saw a prominent increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Plastic Container Production in Jordan

In value terms, plastic container production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Plastic Container Exports

Exports from Jordan

After four years of decline, overseas shipments of plastic containers increased by X% to X tons in 2022. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, plastic container exports surged to $X in 2022. Overall, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Algeria (X tons) was the main destination for plastic container exports from Jordan, with a X% share of total exports. Moreover, plastic container exports to Algeria exceeded the volume sent to the second major destination, Free Zones (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Algeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and the United States (X% per year).

In value terms, Algeria ($X) emerged as the key foreign market for plastic containers exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Free Zones ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Algeria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and the United States (X% per year).

Export Prices by Country

The average plastic container export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price enjoyed moderate growth. The most prominent rate of growth was recorded 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 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Oman ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Container Imports

Imports into Jordan

After two years of decline, overseas purchases of plastic containers increased by X% to X tons in 2022. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, plastic container imports surged to $X in 2022. Over the period under review, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), Turkey (X tons) and China (X tons) were the main suppliers of plastic container imports to Jordan, together accounting for X% of total imports. The United Arab Emirates, India, France, Egypt, Italy, Germany and Oman lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest plastic container suppliers to Jordan were Saudi Arabia ($X), Turkey ($X) and China ($X), together accounting for X% of total imports. The United Arab Emirates, India, France, Egypt, Italy, Germany and Oman lagged somewhat behind, together comprising a further X%.

India, 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

The average plastic container import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price posted measured growth. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Oman ($X per ton) and India ($X per ton), while the price for Italy ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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