Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan - 2022

Contents:

  1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan (CIF) - 2022
  2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan (FOB) - 2022
  3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan
  4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan (CIF) - 2022

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $6,567 per ton, reducing by -31.9% against the previous year. In general, the import price, however, recorded a slight expansion. The pace of growth appeared the most rapid in 2018 an increase of 107% against the previous year. The import price peaked at $17,065 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,503 per ton), while the price for Aruba ($6,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $14,274 per ton in 2022, which is down by -38.1% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 109% against the previous year. Over the period under review, the average export prices hit record highs at $78,725 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Iraq amounted to 0.0% per year.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan

For the third year in a row, Jordan recorded decline in purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which decreased by -16.7% to 27 tons in 2022. Over the period under review, imports recorded a sharp decline.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals fell markedly to $176K in 2022. Overall, imports faced a dramatic descent.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12298.849.51619.7%
ThailandN/AN/AN/A4.70%
ArubaN/AN/AN/A4.20%
Germany19811.130.3N/A-60.9%
United Kingdom15.411.899.3N/A153.9%
Netherlands54031.31.0N/A-95.7%
United States12064.610.3N/A-70.7%
Turkey42728861.9N/A-61.9%
Others32822157.55.2-74.9%
Total1,750727310176-53.5%

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Jordan in 2022:

  1. China (24.8 tons)
  2. Aruba (0.7 tons)
  3. Thailand (0.7 tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals exported from Jordan soared to 540 kg, jumping by 286% compared with 2021. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $7.7K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Jordan (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
QatarN/A4.90%
Netherlands0.7N/A0%
Palestine2.5N/A0%
OthersN/A2.80%
Total3.27.7140.6%

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Jordan in 2022:

  1. Qatar (540.0 kg)

Source: IndexBox Market Intelligence Platform

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