Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan (CIF) - 2022
  2. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan
  4. Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $2,046 per ton, picking up by 2.9% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for propylene, other olefin polymers; propylene copolymers in primary formses increased by +50.2% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 48% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,046 per ton), while the price for Singapore ($2,046 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan (FOB) - 2022

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,912 per ton in 2022, dropping by -5.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 279%. Over the period under review, the average export prices attained the peak figure at $2,120 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($1,912 per ton), while the average price for exports to Free Zones totaled $1,912 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (-0.6%).

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan

In 2022, approx. 3.8K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into Jordan; surging by 19% compared with 2021 figures. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 88%. As a result, imports reached the peak of 4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses skyrocketed to $7.9M in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 108%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.33.95.34.121.3%
Saudi Arabia0.21.20.93.6162.1%
SingaporeN/A0.20.10.1-29.3%
OthersN/A0.10.10.10.0%
Total2.65.36.47.944.8%

Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Jordan in 2022:

  1. United Arab Emirates (1995.1 tons)
  2. Saudi Arabia (1741.1 tons)
  3. Singapore (71.7 tons)

Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan

In 2022, after three years of growth, there was significant decline in overseas shipments of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -6.1% to 1K tons. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 979% against the previous year. As a result, the exports attained the peak of 1.1K tons, and then contracted in the following year.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses contracted to $1.9M in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,221% against the previous year. As a result, the exports attained the peak of $2.2M, and then contracted in the following year.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/A1,8451,802-2.3%
Free Zones35.216333010644.4%
OthersN/A1.43.126.0330.9%
Total35.21652,1781,933280.1%

Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Jordan in 2022:

  1. Iraq (942.1 tons)
  2. Free Zones (55.2 tons)

Source: IndexBox Market Intelligence Platform

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