Petroleum Jelly Price in Jordan - 2022
Contents:
Petroleum Jelly Price in Jordan (CIF) - 2022
The average petroleum jelly import price stood at $2,627 per ton in 2022, jumping by 23% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($2,587 per ton) and India ($2,587 per ton), while the price for Turkey ($2,587 per ton) and Germany ($2,587 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum Jelly Imports in Jordan
In 2022, overseas purchases of petroleum jellies were finally on the rise to reach 199 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a precipitous setback.
In value terms, petroleum jelly imports skyrocketed to $522K in 2022. In general, imports, however, faced a abrupt downturn.
| Import of Petroleum Jelly in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 78.0 | 247 | 80.1 | 212 | 39.6% |
| Germany | 123 | 89.2 | 60.9 | 127 | 1.1% |
| Iran | 143 | 146 | 66.0 | 120 | -5.7% |
| Turkey | 45.1 | 56.7 | 5.4 | 24.0 | -19.0% |
| India | 2.2 | 1.7 | 1.0 | 20.2 | 109.4% |
| Netherlands | 20.6 | 36.1 | 60.1 | 3.5 | -44.6% |
| Thailand | 15.3 | 13.1 | 9.4 | N/A | -21.6% |
| Others | 330 | 109 | 111 | 15.5 | -63.9% |
| Total | 757 | 699 | 393 | 522 | -11.7% |
Top Suppliers of Petroleum Jelly to Jordan in 2022:
- United Arab Emirates (81.8 tons)
- Germany (49.3 tons)
- Iran (46.3 tons)
- Turkey (9.3 tons)
- India (7.8 tons)
- Netherlands (1.4 tons)
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