Price for Petroleum Gases and Other Gaseous Hydrocarbons in Jordan - 2022

Contents:

  1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Jordan (CIF) - 2022
  2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Jordan (FOB) - 2022
  3. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Jordan
  4. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Jordan

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Jordan (CIF) - 2022

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $512 per ton in 2022, increasing by 8.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 73% against the previous year. The import price peaked at $591 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($1,145 per ton), while the price for Algeria ($440 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guinea (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Jordan (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $2,665 per ton in 2022, picking up by 254% against the previous year. Overall, the export price saw a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 423%. As a result, the export price attained the peak level of $7,860 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to -8.6% per year.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Jordan

In 2022, supplies from abroad of petroleum gases and other gaseous hydrocarbonses increased by 11% to 689K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp downturn.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $353M in 2022. Over the period under review, imports, however, continue to indicate a sharp contraction.

Import of Petroleum Gases and Other Gaseous Hydrocarbons in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States343237207249-10.1%
AlgeriaN/A43.627.138.5-6.0%
Saudi Arabia155N/AN/A38.3-37.2%
RussiaN/AN/A20.121.99.0%
France133N/A12.05.1-66.3%
Saint Vincent and the Grenadines78.961.6N/AN/A-21.9%
Egypt312N/AN/AN/A0%
Netherlands59.7N/A14.4N/A-50.9%
Others3.478.713.40.1-69.1%
Total1,085421294353-31.2%

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Jordan in 2022:

  1. United States (509.9K tons)
  2. Algeria (87.5K tons)
  3. Russia (47.2K tons)
  4. Saudi Arabia (33.4K tons)
  5. France (10.9K tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Jordan

In 2022, shipments abroad of petroleum gases and other gaseous hydrocarbonses increased by 20% to 18 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp reduction.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses surged to $47K in 2022. Over the period under review, exports, however, showed a dramatic shrinkage.

Export of Petroleum Gases and Other Gaseous Hydrocarbons in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free ZonesN/A2.8N/A46.9309.3%
AlgeriaN/A88.6N/AN/A0%
Syrian Arab Republic1,718N/AN/AN/A0%
OthersN/AN/A11.1N/A0%
Total1,71891.311.146.9-69.9%

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Jordan in 2022:

  1. Free Zones (17.6 tons)

Source: IndexBox Market Intelligence Platform

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