Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan - 2022

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan (FOB) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan (CIF) - 2022
  3. Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan
  4. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan (FOB) - 2022

The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $1,039 per ton in 2022, increasing by 189% against the previous year. In general, the export price posted resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($20,804 per ton), while the average price for exports to Palestine ($708 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan (CIF) - 2022

The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $375 per ton in 2022, dropping by -29% against the previous year. Overall, the import price, however, saw a slight increase. The growth pace was the most rapid in 2013 an increase of 204% against the previous year. Over the period under review, average import prices reached the maximum at $1,034 per ton in 2014; however, from 2015 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 Spain ($1,022 per ton), while the price for the United Arab Emirates ($182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.

Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan

In 2022, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses exported from Jordan declined significantly to 1.5K tons, waning by -70.7% against 2021. Overall, exports, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 706% against the previous year. As a result, the exports attained the peak of 5.1K tons, and then reduced rapidly in the following year.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses shrank dramatically to $1.6M in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 737%. As a result, the exports reached the peak of $1.8M, and then contracted markedly in the following year.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Palestine0.79.2115778935.8%
IraqN/AN/AN/A6610%
Yemen1.11.67.649.4255.4%
India20.345.0507N/A399.8%
Australia36650.0925N/A59.0%
Romania66.673.9210N/A77.6%
Others10.239.570.166.586.8%
Total4652191,8341,55549.5%

Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Jordan in 2022:

  1. Palestine (1098.4 tons)
  2. Yemen (56.6 tons)
  3. Iraq (31.8 tons)

Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan

Imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Jordan skyrocketed to 88 tons in 2022, with an increase of 141% compared with the year before. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 414%. As a result, imports attained the peak of 139 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses soared to $33K in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 291%. As a result, imports reached the peak of $47K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.815.98.614.845.5%
United Arab Emirates3.611.05.48.332.1%
Spain1.95.62.55.038.1%
United Kingdom0.82.81.62.851.8%
EgyptN/A9.1N/AN/A0%
Others0.92.31.32.336.7%
Total12.046.819.433.140.2%

Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Jordan in 2022:

  1. United Arab Emirates (45.3 tons)
  2. China (27.4 tons)
  3. United Kingdom (9.4 tons)
  4. Spain (4.9 tons)

Source: IndexBox Market Intelligence Platform

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