Price for Double or Complex Silicates in Jordan - 2022

Contents:

1. Price for Double or Complex Silicates in Jordan (CIF) - 2022
2. Price for Double or Complex Silicates in Jordan (FOB) - 2022
3. Imports of Double or Complex Silicates in Jordan
4. Exports of Double or Complex Silicates in Jordan

Price for Double or Complex Silicates in Jordan (CIF) - 2022

In 2022, the average double or complex silicates import price amounted to $1,006 per ton, with an increase of 12% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, double or complex silicates import price increased by +28.9% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 142%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 India ($1,885 per ton), while the price for Turkey ($707 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Double or Complex Silicates in Jordan (FOB) - 2022

In 2022, the average double or complex silicates export price amounted to $1,086 per ton, growing by 14% against the previous year. In general, the export price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 106% against the previous year. The export price peaked at $1,699 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($1,556 per ton), while the average price for exports to the United Arab Emirates ($300 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 Iraq (+9.7%), while the prices for the other major destinations experienced a decline.

Imports of Double or Complex Silicates in Jordan

Double or complex silicates imports into Jordan soared to 234 tons in 2022, rising by 91% compared with 2021. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates imports skyrocketed to $236K in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Double or Complex Silicates to Jordan in 2022:

1. Turkey (156.9 tons)
2. Spain (42.8 tons)
3. India (33.3 tons)

Exports of Double or Complex Silicates in Jordan

Double or complex silicates exports from Jordan soared to 27 tons in 2022, increasing by 33% against the previous year's figure. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates exports soared to $29K in 2022. In general, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Double or Complex Silicates from Jordan in 2022:

1. Egypt (13.0 tons)
2. United Arab Emirates (9.4 tons)
3. Iraq (3.3 tons)
4. Free Zones (1.5 tons)

Source: IndexBox Market Intelligence Platform