Jordan"s minerals market, particularly hematite, presents a dynamic landscape shaped by significant shifts in trade volume and prices. From 2020 to 2022, Jordan"s importation of non-agglomerated iron ores, primarily hematite, has shown a remarkable upward trend. In 2020, Jordan imported approximately 6. 04 million kilograms of these ores, valued at $580,240. The subsequent year saw a surge, with imports rising to 8. 10 million kilograms, translating to a value of $1. 25 million. By 2022, the import volume more than tripled from 2020 figures, reaching 25.
39 million kilograms with a corresponding value increase to $3. 08 million. The consistent rise in both trade volume and value suggests a robust demand for hematite in Jordan, driven by the country"s expanding industrial base and infrastructure projects. The price per kilogram has also shown a clear upward trend, reflecting both increased demand and potentially higher global commodity prices. This trend presents lucrative opportunities for suppliers and traders looking to enter or expand within Jordan"s minerals sector. For businesses exploring trade opportunities with Jordan, understanding these market dynamics is crucial. With the growing demand for hematite, there is a potential for both domestic and international suppliers to meet Jordan"s expanding needs. This environment is ripe for companies seeking to make strategic investments in Jordan"s minerals market.
Platforms like Aritral can be invaluable, offering features such as Product Listing, Direct Communication with suppliers, and AI-Powered Marketing to enhance global sales efforts. Aritral assists businesses in navigating international trade efficiently and effectively, making it an ideal partner for companies aiming to capitalize on the booming hematite sector in Jordan.
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