Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Jordan - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Jordan (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Jordan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Jordan (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $4,118 per ton in 2022, with an increase of 31% against the previous year. Over the period under review, the import price saw a measured expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 61%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($12,919 per ton), while the price for China ($2,705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Jordan
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids imported into Jordan dropped slightly to 849 kg, which is down by -4.4% compared with 2021 figures. Over the period under review, imports faced a sharp reduction.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids surged to $3.5K in 2022. In general, imports recorded a precipitous curtailment.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 4.3 | 1.4 | 1.9 | -34.0% |
| United Kingdom | 3.6 | 2.0 | 0.5 | 0.8 | -39.4% |
| Germany | 6.2 | 3.3 | 0.9 | 0.8 | -49.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.4 | 9.6 | 2.8 | 3.5 | -40.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Jordan in 2022:
- China (695.0 kg)
- Germany (91.0 kg)
- United Kingdom (62.0 kg)
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