Jordan - Gear Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGear Box Price in Jordan - 2022
Contents:
- Gear Box Price in Jordan (CIF) - 2022
- Gear Box Price in Jordan (FOB) - 2022
- Gear Box Imports in Jordan
- Gear Box Exports in Jordan
Gear Box Price in Jordan (CIF) - 2022
In 2022, the average gear box import price amounted to $13 per unit, rising by 2% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gear box import price increased by +11.6% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 97%. The import price peaked at $19 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($13 per unit) and Germany ($13 per unit), while the price for South Korea ($13 per unit) and China ($13 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Box Price in Jordan (FOB) - 2022
The average gear box export price stood at $12 per unit in 2022, with an increase of 89% against the previous year. Over the period under review, the export price showed measured growth. The growth pace was the most rapid in 2021 when the average export price increased by 360% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($12 per unit), while the average price for exports to Free Zones amounted to $12 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+24.7%), while the prices for the other major destinations experienced mixed trend patterns.
Gear Box Imports in Jordan
Gear box imports into Jordan dropped to 44K units in 2022, which is down by -13.5% on 2021 figures. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 80% against the previous year. As a result, imports reached the peak of 51K units, and then reduced in the following year.
In value terms, gear box imports declined to $563K in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. As a result, imports reached the peak of $638K, and then contracted in the following year.
| Import of Gear Box in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 46.6 | 52.1 | 157 | 321 | 90.3% |
| Japan | 29.1 | 14.3 | 84.4 | 115 | 58.1% |
| China | 10.6 | 1.0 | 15.2 | 40.4 | 56.2% |
| South Korea | 14.6 | 2.7 | 38.1 | 34.1 | 32.7% |
| Germany | 28.5 | 10.6 | 42.7 | 31.5 | 3.4% |
| United States | 14.4 | 9.9 | 16.2 | 11.6 | -7.0% |
| United Kingdom | 39.5 | 0.9 | 17.4 | N/A | -33.6% |
| United Arab Emirates | 301 | 194 | 245 | N/A | -9.8% |
| Others | 50.4 | 37.7 | 22.5 | 9.4 | -42.9% |
| Total | 535 | 324 | 638 | 563 | 1.7% |
Top Suppliers of Gear Box to Jordan in 2022:
- Italy (25.2K units)
- Japan (9.0K units)
- China (3.2K units)
- South Korea (2.7K units)
- Germany (2.5K units)
- United States (0.9K units)
Gear Box Exports in Jordan
After three years of growth, shipments abroad of gear boxes decreased by -61.6% to 1.3K units in 2022. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 35%. Over the period under review, the exports attained the maximum at 3.5K units in 2021, and then contracted remarkably in the following year.
In value terms, gear box exports declined dramatically to $17K in 2022. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 478%. As a result, the exports attained the peak of $23K, and then dropped dramatically in the following year.
| Export of Gear Box in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 0.6 | N/A | 10.8 | 324.3% |
| Free Zones | 19.4 | 2.8 | 9.9 | 5.8 | -33.1% |
| Palestine | 0.1 | 0.5 | N/A | N/A | 400.0% |
| Germany | N/A | N/A | 4.3 | N/A | 0% |
| Libya | 0.5 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | 8.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 20.1 | 3.9 | 22.8 | 16.6 | -6.2% |
Top Export Markets for Gear Box from Jordan in 2022:
- Japan (868.0 units)
- Free Zones (467.0 units)
This report provides an in-depth analysis of the gear box market in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29323033 - Gear boxes and their parts
Country coverage:
- Jordan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Jordan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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