Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan - 2022

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $39 per thousand units in 2022, with a decrease of -22.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 46%. Over the period under review, average import prices attained the peak figure at $51 per thousand units in 2021, and then fell markedly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($46 per thousand units) and South Korea ($42 per thousand units), while the price for Italy ($32 per thousand units) and India ($32 per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan (FOB) - 2022

In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, jumping by 46% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 144%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($0.2 per unit), while the average price for exports to Ghana (less than $0.1 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 Sudan (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan

In 2022, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Jordan skyrocketed to 390M units, picking up by 53% on 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +97.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $15M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +75.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.43.07.18.736.8%
CyprusN/AN/AN/A1.50%
United States0.30.21.61.467.1%
Italy0.40.40.40.614.5%
France2.21.81.00.5-39.0%
Germany0.30.20.50.518.6%
Saudi Arabia0.20.50.70.426.0%
India0.70.20.40.4-17.0%
Turkey0.10.70.40.344.2%
United Kingdom0.20.20.20.20.0%
Egypt0.40.3N/AN/A-25.0%
Others1.41.30.71.0-10.6%
Total9.68.713.015.316.8%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Jordan in 2022:

  1. China (186.8M units)
  2. Cyprus (47.4M units)
  3. United States (45.3M units)
  4. Italy (18.1M units)
  5. Germany (14.1M units)
  6. Saudi Arabia (11.9M units)
  7. France (11.6M units)
  8. India (11.2M units)
  9. Turkey (8.0M units)
  10. United Kingdom (6.1M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan

In 2022, shipments abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment was finally on the rise to reach 6.7M units after two years of decline. Over the period under review, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $733K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Palestine165N/A0.124013.3%
MoldovaN/AN/AN/A1850%
Netherlands1.9N/AN/A115292.6%
OmanN/AN/A6.850.1636.8%
BahrainN/AN/AN/A36.70%
Ghana3.3N/AN/A28.3104.7%
India6.20.92.712.526.3%
United Arab EmiratesN/A14836.24.8-82.0%
Seychelles26.80.2N/AN/A-99.3%
Lebanon29.18.30.9N/A-82.4%
United Kingdom6.82.02.1N/A-44.4%
Mexico15.820.9N/AN/A32.3%
GeorgiaN/A8.5N/AN/A0%
Others21.172.916.961.642.9%
Total27626165.773338.5%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Jordan in 2022:

  1. Palestine (1974.5K units)
  2. Moldova (1862.3K units)
  3. Ghana (993.9K units)
  4. Netherlands (840.4K units)
  5. Oman (415.4K units)
  6. Bahrain (202.3K units)
  7. India (113.5K units)
  8. United Arab Emirates (60.5K units)

Source: IndexBox Market Intelligence Platform

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