Price for Electric Motors; of an Output Not Exceeding 37.5W in Jordan - 2022

Contents:

  1. Price for Electric Motors; of an Output Not Exceeding 37.5W in Jordan (CIF) - 2022
  2. Price for Electric Motors; of an Output Not Exceeding 37.5W in Jordan (FOB) - 2022
  3. Imports of Electric Motors; of an Output Not Exceeding 37.5W in Jordan
  4. Exports of Electric Motors; of an Output Not Exceeding 37.5W in Jordan

Price for Electric Motors; of an Output Not Exceeding 37.5W in Jordan (CIF) - 2022

In 2022, the average import price for electric motors amounted to $9.5 per unit, falling by -9.4% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 119%. The import price peaked at $46 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22 per unit), while the price for China ($4.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors; of an Output Not Exceeding 37.5W in Jordan (FOB) - 2022

In 2022, the average export price for electric motors amounted to $80 per unit, with a decrease of -5.3% against the previous year. In general, the export price showed a slight descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 213%. Over the period under review, the average export prices reached the peak figure at $219 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($280 per unit), while the average price for exports to Italy ($20 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 the United States (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors; of an Output Not Exceeding 37.5W in Jordan

Imports of electric motors into Jordan soared to 211K units in 2022, increasing by 57% compared with the previous year's figure. Overall, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electric motors soared to $2M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electric Motors; of an Output Not Exceeding 37.5W in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China42836358891728.9%
Germany45912454.786.0-42.8%
Italy18911225.550.4-35.6%
Others64889173695013.6%
Total1,7241,4901,4052,0045.1%

Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Jordan in 2022:

  1. China (190.8K units)
  2. Germany (3.8K units)
  3. Italy (2.4K units)

Exports of Electric Motors; of an Output Not Exceeding 37.5W in Jordan

In 2022, exports of electric motors from Jordan skyrocketed to 1.1K units, rising by 361% compared with the year before. In general, exports, however, recorded a abrupt decrease. The exports peaked at 4.5K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric motors soared to $89K in 2022. Over the period under review, exports, however, showed a mild descent. Over the period under review, the exports of attained the peak figure at $173K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Electric Motors; of an Output Not Exceeding 37.5W in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones24.696.21.112.6-20.0%
Germany2.85.02.412.564.7%
United Arab Emirates20.613.21.35.6-35.2%
Iraq5.714.53.55.5-1.2%
Oman8.08.82.65.0-14.5%
United States1.70.51.23.426.0%
Italy1.41.30.30.7-20.6%
Denmark5.30.8N/AN/A-84.9%
Others22.533.07.943.925.0%
Total92.517320.489.1-1.2%

Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Jordan in 2022:

  1. Free Zones (488.0 units)
  2. Germany (435.0 units)
  3. Italy (33.0 units)
  4. United States (22.0 units)
  5. United Arab Emirates (20.0 units)
  6. Iraq (20.0 units)
  7. Oman (18.0 units)

Source: IndexBox Market Intelligence Platform

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