Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan - 2022

Contents:

  1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan (CIF) - 2022
  2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan (FOB) - 2022
  3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan
  4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $16,623 per ton in 2022, jumping by 28% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polymers, natural; alginic acid, its salts and esters, in primary formses increased by +91.7% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($16,624 per ton), while the price for Japan totaled $16,613 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $11,843 per ton, dropping by -5.6% against the previous year. Over the period under review, the export price recorded a deep reduction. The export price peaked at $12,540 per ton in 2021, and then dropped in the following year.

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

From 2021 to 2022, the rate of growth in terms of prices for Tunisia amounted to 0.0% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan

For the third year in a row, Jordan recorded decline in supplies from abroad of polymers, natural; alginic acid, its salts and esters, in primary formses, which decreased by -53.9% to 1.5 tons in 2022. Over the period under review, imports showed a sharp curtailment. The smallest decline of -15.9% was in 2020.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses dropped markedly to $25K in 2022. In general, imports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of $78K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.817.211.822.520.7%
JapanN/AN/AN/A2.10%
Norway8.59.412.9N/A23.2%
Belgium2.01.61.5N/A-13.4%
Chile2.510.3N/AN/A312.0%
Germany0.211.27.5N/A512.4%
France10.21.20.8N/A-72.0%
Denmark23.924.23.2N/A-63.4%
Others3.03.03.9N/A14.0%
Total63.078.141.724.6-26.9%

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Jordan in 2022:

  1. China (1355.0 kg)
  2. Japan (124.0 kg)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan

For the third consecutive year, Jordan recorded growth in overseas shipments of polymers, natural; alginic acid, its salts and esters, in primary formses, which increased by 43% to 305 kg in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $3.6K in 2022. In general, exports, however, faced a abrupt descent.

Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Jordan (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
SpainN/A3.60%
Palestine1.1N/A0%
Tunisia1.6N/A0%
OthersN/AN/A0%
Total2.73.633.3%

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Jordan in 2022:

  1. Spain (305.0 kg)

Source: IndexBox Market Intelligence Platform

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