Price for Fertilizers; Mineral or Chemical, Phosphatic in Jordan - 2022

Contents:

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

Price for Fertilizers; Mineral or Chemical, Phosphatic in Jordan (FOB) - 2022

The average export price for fertilizers; mineral or chemical, phosphatics stood at $814 per ton in 2022, surging by 1.6% against the previous year. Overall, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 93% against the previous year. As a result, the export price reached the peak level of $940 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($814 per ton) and Australia ($814 per ton), while the average price for exports to Ukraine ($814 per ton) and Turkey ($814 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+56.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fertilizers; Mineral or Chemical, Phosphatic in Jordan (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $655 per ton, growing by 133% against the previous year. Over the period under review, the import price showed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($809 per ton), while the price for Saudi Arabia ($343 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 (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Jordan

In 2022, the amount of fertilizers; mineral or chemical, phosphatics exported from Jordan plummeted to 41K tons, which is down by -57.8% on the previous year's figure. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 144% against the previous year. As a result, the exports reached the peak of 98K tons, and then fell remarkably in the following year.

In value terms, fertilizers; mineral or chemical, phosphatic exports dropped remarkably to $34M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 108%. As a result, the exports reached the peak of $78M, and then reduced rapidly in the following year.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.00.91.313.1135.7%
AustraliaN/A1.32.09.8174.6%
Romania2.22.0N/A7.047.1%
Turkey8.714.32.52.5-34.0%
Ukraine5.1N/AN/A0.9-43.9%
Spain5.27.63.0N/A-24.0%
United StatesN/A4.938.9N/A693.9%
India6.55.923.0N/A88.1%
Italy3.0N/AN/AN/A0%
BrazilN/AN/A4.8N/A0%
Others1.30.63.00.2-46.4%
Total33.037.678.333.60.6%

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Jordan in 2022:

  1. Japan (16.1K tons)
  2. Australia (12.1K tons)
  3. Romania (8.5K tons)
  4. Turkey (3.1K tons)
  5. Ukraine (1.1K tons)

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Jordan

For the third consecutive year, Jordan recorded growth in overseas purchases of fertilizers; mineral or chemical, phosphatics, which increased by 177% to 344 tons in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $225K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Jordan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Egypt24.017.0177171.6%
Saudi ArabiaN/A17.921.319.0%
ItalyN/AN/A16.50%
ChinaN/AN/A10.50%
Others2.1N/AN/A0%
Total26.134.9225193.6%

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Jordan in 2022:

  1. Egypt (219.0 tons)
  2. Saudi Arabia (62.0 tons)
  3. Italy (48.2 tons)
  4. China (14.8 tons)

Source: IndexBox Market Intelligence Platform

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