Sulphites; of Sodium Price in Jordan - 2022

Sulphites; of Sodium Price in Jordan (CIF) - 2022

The average sulphites; of sodium import price stood at $816 per ton in 2022, with an increase of 47% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium import price increased by +83.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($815 per ton) and China ($815 per ton), while the price for Turkey ($815 per ton) and Germany ($815 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Price in Jordan (FOB) - 2022

The average sulphites; of sodium export price stood at $594 per ton in 2022, waning by -31.5% against the previous year. Over the period under review, the export price, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 141%. The export price peaked at $1,140 per ton in 2020; however, from 2021 to 2022, the 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 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +3.3% per year.

Sulphites; of Sodium Imports in Jordan

In 2022, after two years of decline, there was significant growth in overseas purchases of sulphites; of sodia, when their volume increased by 107% to 750 tons. Overall, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium imports soared to $612K in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphites; of Sodium in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	83.1	16.4	5.8	232	40.8%
Germany	63.8	61.3	33.3	182	41.8%
Turkey	8.3	28.6	35.9	113	138.8%
Italy	13.1	9.1	20.3	77.7	81.0%
Thailand	11.5	7.4	7.2	N/A	-20.9%
Saudi Arabia	26.5	24.7	23.5	N/A	-5.8%
Others	48.6	24.3	75.7	7.2	-47.1%
Total	255	172	202	612	33.9%

Top Suppliers of Sulphites; of Sodium to Jordan in 2022:

China (284.2 tons)
Germany (223.5 tons)
Turkey (139.2 tons)
Italy (95.3 tons)

Sulphites; of Sodium Exports in Jordan

In 2022, sulphites; of sodium exports from Jordan surged to 34 tons, rising by 172% against the year before. Overall, exports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 855%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, sulphites; of sodium exports soared to $20K in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 626% against the previous year.