Jordan, with its significant reserves of phosphate rock, remains a key player in the global phosphoric acid market. Over recent months, trade volume for phosphoric acid has shown a steady increase, a reflection of growing global demand and Jordan"s strategic expansion in the chemicals sector. The latest data indicates that Jordan exported approximately 1. 2 million tons of phosphoric acid in the past year, marking a 5% rise from the previous period. Price trends reveal a moderate but consistent upward trajectory. The average price per ton increased from $680 to $720 over the last two quarters. This 6% price increase can be attributed to several factors, including higher production costs and increased demand for fertilizers, where phosphoric acid is a crucial component. Import activity has also seen a rise, primarily due to domestic industries seeking to refine and process phosphoric acid for various applications.

This dual movement in trade underlines Jordan"s pivotal role as both a producer and consumer in the phosphoric acid market. In conclusion, Jordan"s chemicals market, particularly in phosphoric acid, is thriving, with robust export figures and steady price increases. For businesses exploring opportunities in this sector, understanding these trends is crucial. Aritral, an AI-driven B2B platform, offers a seamless way to connect with key suppliers in Jordan, presenting tools such as Product Listing, Direct Communication, and Global Sales Assistance to streamline international trade processes. "