Jordan"s petrochemical industry, particularly the market for Acrylonitrile Butadiene Styrene (ABS) copolymers, has experienced notable shifts in trade volume and pricing dynamics from 2020 to 2023. ABS is a vital polymer used in various industrial applications, making its trade trends crucial for market stakeholders. In 2020, Jordan imported approximately 414,139 kg of ABS, valued at $762,057. 907. However, the import volume saw a decline over the following years, decreasing to 352,853. 758 kg in 2021 and further to 293,776. 716 kg in 2022, with the import value peaking at $974,267. 208 in 2021.
This suggests fluctuations in demand or supply chain adjustments. By 2023, the import volume slightly recovered to 208,050. 776 kg, although the import value decreased to $481,059. 534, indicating a potential drop in ABS prices or a shift in the product sourcing strategy. In the same year, Jordan exported and re-exported identical volumes of ABS, totaling 211,654. 132 kg, with a trade value of $528,195. 012. This parity in export and re-export volumes suggests a strategic positioning in re-distributing ABS to other markets.
The year 2022 marked a turning point with increased re-export activities, growing from 153,037. 899 kg in 2021 to 211,654. 132 kg in 2023, further emphasizing Jordan"s role as a transshipment hub in the regional petrochemicals market. For businesses exploring trade opportunities in Jordan"s petrochemical sector, understanding these trends is essential. Aritral, an AI-driven B2B platform, facilitates seamless international trade by offering Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, empowering companies to connect with key suppliers and optimize their market strategies in Jordan"s evolving ABS market.
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