Chemical, cosmetic exports increased by 22% in 2020
By JT - Feb 17,2021 - Last updated at Feb 17,2021
AMMAN — The Kingdom’s chemical and cosmetic exports during the first 11 months of 2020 grew by 22 per cent.
According to official data, chemical and cosmetic exports during the January-November period of 2020 reached $1.23 billion, in comparison with $1.013 billion during the same period of 2019, the Jordan News Agency, Petra, reported.
The sector includes economic opportunities at a value of some $2.304 billion, both for exports and untapped opportunities, due to high demand after the coronavirus crisis, particularly for detergents, disinfectants, sterilisers, fertilisers and agricultural pesticides.
The Kingdom’s chemical and cosmetic industries sector, with 700 industrial facilities, manufacture four times more than the country’s needs, with factories producing 375,000 tonnes of hand sanitisers, disinfectants and detergents a year, while the local market’s maximum demand reached only 85,000 tonnes, according to Petra.