Price for Petroleum gases and other gaseous hydrocarbons; liquefied, n.e.s. in heading no. 2711 in Jordan - 2022

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Jordan (CIF) - 2022
2. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Jordan

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Jordan (CIF) - 2022

The average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $710 per ton in 2022, declining by -10.5% against the previous year. Overall, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of 156%. The import price peaked at $1,175 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 United Arab Emirates ($6,951 per ton), while the price for Germany ($275 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+43.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Jordan

For the fourth consecutive year, Jordan recorded growth in purchases abroad of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes, which increased by 18% to 1.6K tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes rose sharply to $1.1M in 2022. The total import value increased at an average annual rate of +5.1% 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 when imports increased by 5.1%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene to Jordan in 2022:

1. Germany (3.3 tons)
2. Switzerland (0.6 tons)
3. Hungary (0.3 tons)
4. United Arab Emirates (0.1 tons)

Source: IndexBox Market Intelligence Platform