Nitrites; Nitrates Price in Jordan - 2022

Contents:

1. Nitrites; Nitrates Price in Jordan (FOB) - 2022
2. Nitrites; Nitrates Price in Jordan (CIF) - 2022
3. Nitrites; Nitrates Exports in Jordan
4. Nitrites; Nitrates Imports in Jordan

Nitrites; Nitrates Price in Jordan (FOB) - 2022

The average nitrites; nitrates export price stood at $1,454 per ton in 2022, picking up by 75% against the previous year. Overall, the export price recorded measured growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Denmark ($1,453 per ton) and Mexico ($1,453 per ton), while the average price for exports to Honduras ($1,453 per ton) and Lithuania ($1,453 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrites; Nitrates Price in Jordan (CIF) - 2022

In 2022, the average nitrites; nitrates import price amounted to $1,034 per ton, growing by 19% against the previous year. Over the period under review, the import price saw a noticeable increase. The growth pace was the most rapid in 2020 an increase of 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($1,494 per ton), while the price for the Netherlands ($390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Nitrites; Nitrates Exports in Jordan

In 2022, the amount of nitrites; nitrateses exported from Jordan surged to 6.4K tons, with an increase of 3,573% against 2021 figures. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nitrites; nitrates exports soared to $9.3M in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nitrites; Nitrates from Jordan in 2022:

1. Turkey (1307.0 tons)
2. Poland (1264.8 tons)
3. Spain (689.3 tons)
4. South Africa (471.0 tons)
5. Morocco (414.5 tons)
6. Mexico (337.8 tons)
7. Algeria (231.4 tons)
8. Honduras (200.6 tons)
9. Denmark (196.4 tons)
10. Malaysia (195.3 tons)
11. Finland (167.2 tons)
12. Lithuania (133.5 tons)
13. Georgia (110.2 tons)

Nitrites; Nitrates Imports in Jordan

For the third consecutive year, Jordan recorded decline in purchases abroad of nitrites; nitrateses, which decreased by -44.7% to 706 tons in 2022. In general, imports recorded a dramatic setback. The smallest decline of -9.5% was in 2021.

In value terms, nitrites; nitrates imports contracted markedly to $730K in 2022. Overall, imports recorded a noticeable slump. The growth pace was the most rapid in 2020 when imports increased by 31%.

Top Suppliers of Nitrites; Nitrates to Jordan in 2022:

1. China (317.0 tons)
2. Portugal (192.3 tons)
3. Denmark (112.7 tons)
4. Israel (34.8 tons)
5. Turkey (18.6 tons)
6. Netherlands (15.6 tons)

Source: IndexBox Market Intelligence Platform