Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan - 2022

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan (CIF) - 2022
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan (FOB) - 2022
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan (CIF) - 2022

In December 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,646 per ton, waning by -7.5% against the previous month. Overall, the import price recorded a slight setback. The pace of growth was the most pronounced in September 2022 when the average import price increased by 31% against the previous month. As a result, import price reached the peak level of $2,149 per ton. From October 2022 to December 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2022 to December 2022, the rate of growth in terms of prices for Turkey amounted to +0.4% per month.

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan (FOB) - 2022

In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $2,007 per ton, with an increase of 102% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($2,756 per ton), while the average price for exports to Saudi Arabia ($258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan

In 2022, supplies from abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -27.3% to 9.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports reached the peak of 15K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $17M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.96.86.710.621.6%
Turkey0.11.42.72.2180.2%
Tunisia1.52.32.22.010.1%
Russia0.40.10.70.826.0%
Belgium0.70.80.30.3-24.6%
Others1.11.21.80.9-6.5%
Total9.712.514.416.820.1%

Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Jordan in 2022:

  1. China (5.7K tons)
  2. Turkey (1.6K tons)
  3. Tunisia (1.2K tons)
  4. Russia (0.4K tons)
  5. Belgium (0.1K tons)

Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan

For the third year in a row, Jordan recorded decline in shipments abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, which decreased by -18.7% to 262 tons in 2022. Over the period under review, exports showed a dramatic decline.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $526K in 2022. In general, exports faced a precipitous decline.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones602286105426-10.9%
Syrian Arab RepublicN/AN/AN/A64.70%
Saudi Arabia3,50426.320.417.0-83.1%
LebanonN/AN/AN/A16.40%
Qatar542N/A29.6N/A-76.6%
United Arab EmiratesN/A96.820.1N/A-79.2%
Yemen1,612N/AN/AN/A0%
Others11932.01451.3-77.8%
Total6,380441320526-56.5%

Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Jordan in 2022:

  1. Free Zones (154.7 tons)
  2. Saudi Arabia (66.1 tons)
  3. Syrian Arab Republic (28.3 tons)
  4. Lebanon (12.6 tons)

Source: IndexBox Market Intelligence Platform

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