Price for Wadding; Other Articles Thereof, of Cotton in Jordan - 2022
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Jordan (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Cotton in Jordan (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Cotton in Jordan
- Exports of Wadding; Other Articles Thereof, of Cotton in Jordan
Price for Wadding; Other Articles Thereof, of Cotton in Jordan (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of cotta amounted to $6,194 per ton, rising by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $6,808 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 the United Arab Emirates ($15,550 per ton), while the price for the UK ($5,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Jordan (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $5,974 per ton, rising by 3.3% against the previous year. Overall, the export price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs at $10,494 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($6,139 per ton), while the average price for exports to Bahrain amounted to $3,068 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (-7.2%).
Imports of Wadding; Other Articles Thereof, of Cotton in Jordan
In 2022, imports of wadding; other articles thereof, of cotta into Jordan skyrocketed to 336 tons, jumping by 33% against 2021. The total import volume increased at an average annual rate of +13.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of cotta skyrocketed to $2.1M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Wadding; Other Articles Thereof, of Cotton in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 380 | 204 | 291 | 609 | 17.0% |
Turkey | 235 | 399 | 198 | 551 | 32.8% |
United Arab Emirates | 305 | 271 | 238 | 225 | -9.6% |
Greece | 76.6 | 103 | 76.8 | 141 | 22.6% |
Serbia | N/A | 68.0 | 137 | 125 | 35.6% |
United Kingdom | 19.3 | 146 | 140 | 118 | 82.9% |
China | 70.5 | 77.7 | 123 | 88.4 | 7.8% |
Italy | 212 | 89.6 | 73.9 | 81.1 | -27.4% |
Poland | 19.1 | 121 | 121 | 22.9 | 6.2% |
Others | 56.8 | 47.9 | 105 | 119 | 28.0% |
Total | 1,375 | 1,528 | 1,503 | 2,081 | 14.8% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Jordan in 2022:
- France (107.5 tons)
- Turkey (97.2 tons)
- Greece (24.9 tons)
- Serbia (22.0 tons)
- United Kingdom (20.9 tons)
- China (15.6 tons)
- United Arab Emirates (14.5 tons)
- Italy (9.2 tons)
- Poland (4.0 tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Jordan
In 2022, overseas shipments of wadding; other articles thereof, of cotta were finally on the rise to reach 5.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic decline.
In value terms, exports of wadding; other articles thereof, of cotta skyrocketed to $31K in 2022. Overall, exports, however, faced a deep downturn.
Export of Wadding; Other Articles Thereof, of Cotton in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 46.0 | 27.0 | 7.2 | 30.1 | -13.2% |
Bahrain | 1.1 | 0.5 | 0.6 | 0.9 | -6.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 47.2 | 27.5 | 7.8 | 31.0 | -13.1% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Jordan in 2022:
- Free Zones (4.9 tons)
- Bahrain (0.3 tons)
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This report provides an in-depth analysis of the wadding market in Jordan.
This report provides an in-depth analysis of the textile wadding market in Jordan.
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