Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan - 2022

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan (CIF) - 2022
  2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan (FOB) - 2022
  3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan
  4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan (CIF) - 2022

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $6,145 per unit in 2022, declining by -3.3% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by +77.0% against 2016 indices. The growth pace was the most rapid in 2013 when the average import price increased by 42%. Over the period under review, average import prices hit record highs at $6,354 per unit in 2021, and then declined slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($7,213 per unit) and the United States ($6,863 per unit), while the price for Japan ($5,930 per unit) and South Korea ($5,933 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $15,386 per unit in 2022, which is down by -12.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 43%. As a result, the export price attained the peak level of $17,858 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($19,730 per unit), while the average price for exports to Lebanon ($744 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan

Imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into Jordan rose significantly to 2.2K units in 2022, with an increase of 12% on the year before. In general, imports continue to indicate slight growth. The pace of growth appeared the most rapid in 2020 when imports increased by 130% against the previous year. As a result, imports reached the peak of 4.8K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) expanded sharply to $14M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, imports reached the peak of $25M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.36.44.65.61.9%
South Korea4.03.93.84.00.0%
Japan2.11.91.71.7-6.8%
United Kingdom0.70.50.30.84.6%
United States0.70.91.40.6-5.0%
France0.111.20.30.10.0%
Others0.40.40.40.720.5%
Total13.225.212.513.61.0%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Jordan in 2022:

  1. Germany (937.0 units)
  2. South Korea (680.0 units)
  3. Japan (287.0 units)
  4. United Kingdom (115.0 units)
  5. United States (89.0 units)
  6. France (14.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan

In 2022, after two years of decline, there was significant growth in overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), when their volume increased by 45% to 32 units. Over the period under review, exports, however, continue to indicate a abrupt setback. The exports peaked at 44 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $492K in 2022. In general, exports, however, showed a pronounced setback. The exports peaked at $621K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones340560267270-7.4%
United Arab EmiratesN/AN/A16.52171215.2%
Saudi Arabia8.87.313.84.6-19.4%
LebanonN/AN/AN/A0.70%
Syrian Arab RepublicN/AN/A88.5N/A0%
Sudan165N/AN/AN/A0%
Others14.953.71.4N/A-69.3%
Total528621387492-2.3%

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Jordan in 2022:

  1. Free Zones (19.0 units)
  2. United Arab Emirates (11.0 units)
  3. Saudi Arabia (1.0 units)
  4. Lebanon (1.0 units)

Source: IndexBox Market Intelligence Platform

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