AMMAN, JORDAN – Plastic and rubber products cover 59.7 percent of the Kingdom’s domestic consumption, a report by the Jordan Chamber of Industry (JCI) showed.
The report indicated that plastic and rubber products are well-established industries in the Kingdom, featuring a variety of types and uses, and contribute indirectly to completing production cycle of multiple commercial and industrial projects.
According to the report, the sector has 641 establishments geographically spread across the Kingdom, employing 12,200 workers, who constitute approximately 4.5 percent of the total workforce in the industrial sector, the majority of whom are local employees.
Annually, the sector’s production volume stands at approximately JD657 million ($926.28m), constituting 3.8 percent of the total industrial output.
It indicated that contribution of the plastic and rubber industries sector to the GDP amounts to 0.6 percent, due to its added value, which amounts to more than JD186 million, while the sector’s investments exceed the barrier of JD1.2 billion.
The sector’s products, due to their quality and competitive privilege, were successfully exported to 70 markets globally with more than 95 products, the report revealed.
Moreover, the sector’s exports by end of the first third 2023 amounted to about JD45 million, marking an increase of 4.9 percent, compared to the same period last year, which represents 1.7 percent of total industrial exports and 1.66 percent of total national exports.