Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,750 per ton, surging by 15% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the peak figure at $2,192 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Belgium ($27,462 per ton), while the price for Singapore ($1,266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,979 per ton, declining by -3.2% against the previous year. Overall, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2013 an increase of 9.1% against the previous year. As a result, the export price reached the peak level of $3,178 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Lebanon.
From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to -3.8% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses imported into Jordan skyrocketed to 172 tons, picking up by 125% on the previous year. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses soared to $301K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 99.9 | 40.5 | 51.4 | 177 | 21.0% |
| Netherlands | 15.4 | 43.3 | 37.6 | 58.1 | 55.7% |
| Germany | 11.3 | 17.9 | 16.7 | 28.9 | 36.8% |
| Saudi Arabia | N/A | N/A | N/A | 19.9 | 0% |
| United States | 3.6 | 6.5 | 5.6 | 7.6 | 28.3% |
| Singapore | 2.5 | 2.7 | 1.9 | 2.1 | -5.6% |
| Belgium | 7.2 | 10.9 | 0.3 | 0.4 | -61.8% |
| Others | 1.2 | 2.2 | 2.5 | 6.8 | 78.3% |
| Total | 141 | 124 | 116 | 301 | 28.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Jordan in 2022:
- China (101.7 tons)
- Netherlands (33.4 tons)
- Germany (16.6 tons)
- Saudi Arabia (11.4 tons)
- United States (5.5 tons)
- Singapore (1.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan
In 2022, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses from Jordan dropped slightly to 2.9 tons, almost unchanged from the year before. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 575%. As a result, the exports attained the peak of 2.9 tons, leveling off in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses shrank modestly to $5.6K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 73% against the previous year. As a result, the exports attained the peak of $6.1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 3.5 | 0.9 | 5.9 | 5.6 | 17.0% |
| Others | N/A | 5.2 | N/A | N/A | 0% |
| Total | 3.5 | 6.1 | 5.9 | 5.6 | 17.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Jordan in 2022:
- Lebanon (2.9 tons)
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