Plugs and Socket Price in Jordan - 2022
Contents:
- Plugs and Socket Price in Jordan (CIF) - 2022
- Plugs and Socket Price in Jordan (FOB) - 2022
- Plugs and Socket Imports in Jordan
- Plugs and Socket Exports in Jordan
Plugs and Socket Price in Jordan (CIF) - 2022
The average plugs and socket import price stood at $0.1 per unit in 2022, picking up by 7.5% against the previous year. In general, the import price showed modest growth. The pace of growth appeared the most rapid in 2016 an increase of 40% against the previous year. The import price peaked at $0.1 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($0.3 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Plugs and Socket Price in Jordan (FOB) - 2022
The average plugs and socket export price stood at $0.8 per unit in 2022, increasing by 46% against the previous year. In general, the export price recorded a strong expansion. The growth pace was the most rapid in 2013 an increase of 211%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1.5 per unit), while the average price for exports to Ghana ($0.2 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 Slovenia (+44.9%), while the prices for the other major destinations experienced more modest paces of growth.
Plugs and Socket Imports in Jordan
In 2022, the amount of electrical plugs and sockets for under 1000 v imported into Jordan expanded slightly to 73M units, with an increase of 5% against 2021. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, plugs and socket imports rose rapidly to $8M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plugs and Socket in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,990 | 2,754 | 2,284 | 2,438 | -6.6% |
| Turkey | 497 | 662 | 657 | 985 | 25.6% |
| United Kingdom | 1,357 | 609 | 487 | 640 | -22.2% |
| Spain | 260 | 340 | 257 | 575 | 30.3% |
| Bulgaria | 249 | 280 | 481 | 567 | 31.6% |
| Italy | 1,105 | 392 | 659 | 532 | -21.6% |
| Malaysia | 202 | 125 | 116 | 433 | 28.9% |
| Others | 745 | 1,358 | 2,115 | 1,794 | 34.0% |
| Total | 7,404 | 6,521 | 7,055 | 7,964 | 2.5% |
Top Suppliers of Plugs and Socket to Jordan in 2022:
- China (42.7M units)
- Turkey (10.4M units)
- Italy (4.2M units)
- United Kingdom (3.4M units)
- Bulgaria (3.1M units)
- Malaysia (1.8M units)
- Spain (1.8M units)
Plugs and Socket Exports in Jordan
Plugs and socket exports from Jordan reduced to 1.1M units in 2022, waning by -9.2% against 2021 figures. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,626% against the previous year. As a result, the exports reached the peak of 1.2M units, and then shrank in the following year.
In value terms, plugs and socket exports soared to $896K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,699%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Plugs and Socket in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | N/A | 642 | 456 | -29.0% |
| United States | N/A | 22.5 | 8.9 | 182 | 184.4% |
| Canada | 0.3 | 0.1 | N/A | 139 | 673.8% |
| Ghana | N/A | N/A | 1.2 | 45.9 | 3725.0% |
| Turkey | N/A | 1.4 | 7.4 | 3.9 | 66.9% |
| Lebanon | 6.8 | N/A | N/A | N/A | 0% |
| Italy | 161 | N/A | N/A | N/A | 0% |
| Others | 11.5 | 13.4 | 14.1 | 69.4 | 82.1% |
| Total | 180 | 37.4 | 673 | 896 | 70.7% |
Top Export Markets for Plugs and Socket from Jordan in 2022:
- Slovenia (558.0K units)
- Ghana (228.3K units)
- Canada (153.7K units)
- United States (117.2K units)
- Turkey (12.5K units)
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