Jordan - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonocarboxylic Acid Price in Jordan - 2022
Contents:
- Monocarboxylic Acid Price in Jordan (CIF) - 2022
- Monocarboxylic Acid Price in Jordan (FOB) - 2022
- Monocarboxylic Acid Imports in Jordan
- Monocarboxylic Acid Exports in Jordan
Monocarboxylic Acid Price in Jordan (CIF) - 2022
The average monocarboxylic acid import price stood at $5,561 per ton in 2022, falling by -4.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 38%. Over the period under review, average import prices hit record highs at $5,836 per ton in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,426 per ton), while the price for Russia ($2,370 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.9%), while the prices for the other major suppliers experienced a decline.
Monocarboxylic Acid Price in Jordan (FOB) - 2022
In 2022, the average monocarboxylic acid export price amounted to $2,699 per ton, shrinking by -6.8% against the previous year. Overall, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 112% against the previous year. As a result, the export price reached the peak level of $3,011 per ton. From 2021 to 2022, 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 Palestine ($10,130 per ton), while the average price for exports to Free Zones amounted to $2,504 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+50.3%).
Monocarboxylic Acid Imports in Jordan
In 2022, purchases abroad of acrylic acid and its salts and other monocarboxylic acid decreased by -9.3% to 174 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33%.
In value terms, monocarboxylic acid imports fell to $967K in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 46%. As a result, imports attained the peak of $1.1M, and then fell in the following year.
| Import of Monocarboxylic Acid in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 192 | 318 | 584 | 680 | 52.4% |
| Saudi Arabia | 37.0 | 57.7 | 161 | 154 | 60.9% |
| Russia | 29.5 | 125 | 57.8 | 44.0 | 14.3% |
| Others | 272 | 267 | 317 | 88.6 | -31.2% |
| Total | 531 | 768 | 1,119 | 967 | 22.1% |
Top Suppliers of Monocarboxylic Acid to Jordan in 2022:
- China (105.8 tons)
- Saudi Arabia (47.9 tons)
- Russia (18.6 tons)
Monocarboxylic Acid Exports in Jordan
In 2022, shipments abroad of acrylic acid and its salts and other monocarboxylic acid increased by 24% to 4.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a drastic downturn.
In value terms, monocarboxylic acid exports skyrocketed to $13K in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Monocarboxylic Acid in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 9.5 | 7.1 | 8.7 | 11.8 | 7.5% |
| Palestine | 1.3 | 0.9 | 1.0 | 1.2 | -2.6% |
| Saudi Arabia | N/A | 4.9 | 1.6 | N/A | -67.3% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 10.9 | 13.1 | 11.3 | 13.0 | 6.0% |
Top Export Markets for Monocarboxylic Acid from Jordan in 2022:
- Free Zones (4.7 tons)
- Palestine (0.1 tons)
This report provides an in-depth analysis of the monocarboxylic acid market 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 20143310 - Acrylic acid and its salts and other monocarboxylic acid
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
- Find deeper insights into current market developments
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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