Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan - 2022
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan (CIF) - 2022
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan (FOB) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $5,989 per ton in 2022, increasing by 97% against the previous year. In general, the import price saw a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Taiwan (Chinese) ($13,265 per ton), while the price for South Korea ($2,095 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+142.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan (FOB) - 2022
The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $1,887 per ton in 2022, surging by 44% against the previous year. Over the period under review, the export price, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 59%. Over the period under review, the average export prices attained the peak figure at $2,970 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($1,887 per ton), while the average price for exports to Iraq stood at $1,886 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+44.3%), while the prices for the other major destinations experienced a decline.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan
In 2022, after three years of growth, there was significant decline in purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, when their volume decreased by -46.4% to 26 tons. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, imports attained the peak of 48 tons, and then shrank sharply in the following year.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings rose rapidly to $155K in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 142%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 4.5 | 11.6 | 42.4 | 35.2 | 98.5% |
| Taiwan (Chinese) | 3.0 | 10.6 | 28.0 | 28.9 | 112.8% |
| South Korea | 5.4 | 11.5 | 25.7 | 24.0 | 64.4% |
| Saudi Arabia | 11.9 | 14.1 | 11.0 | 22.9 | 24.4% |
| Italy | 2.5 | 4.7 | 9.4 | 7.9 | 46.7% |
| United Arab Emirates | 2.9 | 3.2 | 7.7 | 7.6 | 37.9% |
| China | 1.4 | 3.0 | 17.1 | 4.0 | 41.9% |
| Others | 2.3 | 1.8 | 5.1 | 24.3 | 119.4% |
| Total | 33.9 | 60.5 | 146 | 155 | 66.0% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Jordan in 2022:
- South Korea (11.4 tons)
- Saudi Arabia (4.8 tons)
- Egypt (4.1 tons)
- Taiwan (Chinese) (2.2 tons)
- Italy (1.2 tons)
- United Arab Emirates (0.9 tons)
- China (0.6 tons)
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan
In 2022, after three years of growth, there was significant decline in overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings, when their volume decreased by -65.8% to 14 tons. Overall, exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. As a result, the exports reached the peak of 40 tons, and then declined remarkably in the following year.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings dropped sharply to $26K in 2022. Over the period under review, exports showed a precipitous decrease. The smallest decline of -9.4% was in 2020.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | N/A | N/A | 44.5 | 20.1 | -54.8% |
| Iraq | 70.2 | 63.6 | 7.7 | 5.7 | -56.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 70.2 | 63.6 | 52.2 | 25.7 | -28.5% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Jordan in 2022:
- Palestine (10.6 tons)
- Iraq (3.0 tons)
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