Price for Pectic Substances; Pectinates and Pectates in Jordan - 2022

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Jordan (CIF) - 2022
2. Price for Pectic Substances; Pectinates and Pectates in Jordan (FOB) - 2022
3. Imports of Pectic Substances; Pectinates and Pectates in Jordan
4. Exports of Pectic Substances; Pectinates and Pectates in Jordan

Price for Pectic Substances; Pectinates and Pectates in Jordan (CIF) - 2022

In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $13,723 per ton, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 24%. The import price peaked at $16,564 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($13,723 per ton) and the Czech Republic ($13,723 per ton), while the price for Italy ($13,719 per ton) and Spain ($13,721 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pectic Substances; Pectinates and Pectates in Jordan (FOB) - 2022

In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $13,074 per ton, approximately reflecting the previous year. Overall, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2015 an increase of 70% against the previous year. As a result, the export price reached the peak level of $17,805 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2013 to 2022, the rate of growth in terms of prices for Canada amounted to +15.5% per year.

Imports of Pectic Substances; Pectinates and Pectates in Jordan

In 2022, supplies from abroad of pectic substances; pectinates and pectateses increased by 79% to 33 tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pectic substances; pectinates and pectates imports surged to $453K in 2022. Over the period under review, imports, however, showed a deep contraction.

Top Suppliers of Pectic Substances; Pectinates and Pectates to Jordan in 2022:

1. Denmark (13.7 tons)
2. Czech Republic (12.7 tons)
3. Germany (2.2 tons)
4. Italy (1.6 tons)
5. Egypt (1.4 tons)
6. Spain (1.1 tons)
7. China (0.4 tons)

Exports of Pectic Substances; Pectinates and Pectates in Jordan

After two years of decline, shipments abroad of pectic substances; pectinates and pectateses decreased by 0% to 391 kg in 2022. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, pectic substances; pectinates and pectates exports amounted to $5.1K in 2022. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Pectic Substances; Pectinates and Pectates from Jordan in 2022:

1. Free Zones (391.0 kg)

Source: IndexBox Market Intelligence Platform