Jordan: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2024

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Jordan

The Jordanian market for particle board and similar board of ligneous materials (excluding wood) skyrocketed to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a remarkable increase. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports from Jordan

In 2022, after five years of decline, there was significant growth in shipments abroad of particle board and similar board of ligneous materials (excluding wood), when their volume increased by X% to X cubic meters. Overall, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X cubic meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) surged to $X in 2022. In general, exports, however, saw a deep downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Free Zones (X cubic meters), Iraq (X cubic meters) and Saudi Arabia (X cubic meters) were the main destinations of exports of particle board and similar board of ligneous materials (excluding wood) from Jordan, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for board of bagasse, bamboo or other particles exported from Jordan were Iraq ($X), Free Zones ($X) and Kuwait ($X), together accounting for X% of total exports. Saudi Arabia and Bahrain lagged somewhat behind, together accounting for a further X%.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for particle board and similar board of ligneous materials (excluding wood) amounted to $X per cubic meter, shrinking by X% against the previous year. Overall, the export price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per cubic meter), while the average price for exports to Bahrain ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports into Jordan

Imports of particle board and similar board of ligneous materials (excluding wood) into Jordan skyrocketed to X cubic meters in 2022, growing by X% against the year before. Overall, imports continue to indicate a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X cubic meters in 2019; afterwards, it flattened through to 2022.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) skyrocketed to $X in 2022. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Saudi Arabia (X cubic meters) constituted the largest board of bagasse, bamboo or other particles supplier to Jordan, with a X% share of total imports. Moreover, imports of particle board and similar board of ligneous materials (excluding wood) from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Finland (X cubic meters), ninefold. The third position in this ranking was taken by Spain (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Spain (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of particle board and similar board of ligneous materials (excluding wood) to Jordan, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with an X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average import price for particle board and similar board of ligneous materials (excluding wood) amounted to $X per cubic meter, increasing by X% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for particle board and similar board of ligneous materials (excluding wood) increased by X% against 2017 indices. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per cubic meter) and Romania ($X per cubic meter), while the price for Finland ($X per cubic meter) and Spain ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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