Price for Electrical Push-Button and Rotary Switch in Jordan - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Jordan (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Jordan (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Jordan
- Exports of Electrical Push-Button and Rotary Switch in Jordan
Price for Electrical Push-Button and Rotary Switch in Jordan (CIF) - 2022
In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $0.5 per unit, waning by -13.9% against the previous year. In general, the import price saw a slight decrease. The pace of growth was the most pronounced in 2019 an increase of 17% against the previous year. The import price peaked at $0.6 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bulgaria ($0.5 per unit) and Germany ($0.5 per unit), while the price for France ($0.5 per unit) and China ($0.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Jordan (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $3.1 per unit, increasing by 71% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Syrian Arab Republic ($3.3 per unit), while the average price for exports to the United Arab Emirates ($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 Palestine (+100.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Jordan
In 2022, approx. 20M units of electrical push-button and rotary switches for under 1000 v were imported into Jordan; with an increase of 64% against 2021 figures. Over the period under review, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical push-button and rotary switch imports surged to $11M in 2022. Overall, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Push-Button and Rotary Switch in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,577 | 1,474 | 2,497 | 3,712 | 33.0% |
| Italy | 1,393 | 797 | 946 | 1,502 | 2.5% |
| Germany | 496 | 345 | 370 | 838 | 19.1% |
| Turkey | 317 | 220 | 417 | 722 | 31.6% |
| Spain | 155 | 196 | 90.1 | 441 | 41.7% |
| United Kingdom | 127 | 113 | 317 | 368 | 42.6% |
| Finland | 483 | 396 | 395 | 353 | -9.9% |
| Malaysia | 116 | 75.3 | 182 | 299 | 37.1% |
| Syrian Arab Republic | N/A | 574 | 221 | 246 | -34.5% |
| Bulgaria | 117 | 73.7 | 309 | 243 | 27.6% |
| France | 290 | 318 | 167 | 241 | -6.0% |
| United States | 124 | 121 | 302 | 222 | 21.4% |
| Tunisia | 83.2 | 45.4 | 44.5 | 215 | 37.2% |
| Others | 924 | 640 | 1,169 | 1,111 | 6.3% |
| Total | 6,202 | 5,388 | 7,428 | 10,514 | 19.2% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Jordan in 2022:
- China (7.0M units)
- Italy (2.8M units)
- Germany (1.6M units)
- Turkey (1.4M units)
- Spain (0.8M units)
- Finland (0.7M units)
- United Kingdom (0.7M units)
- Malaysia (0.6M units)
- France (0.5M units)
- Syrian Arab Republic (0.5M units)
- Bulgaria (0.5M units)
- United States (0.4M units)
- Tunisia (0.4M units)
Exports of Electrical Push-Button and Rotary Switch in Jordan
In 2022, after two years of decline, there was significant growth in overseas shipments of electrical push-button and rotary switches for under 1000 v, when their volume increased by 832% to 249K units. In general, exports, however, recorded a sharp reduction. The exports peaked at 623K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electrical push-button and rotary switch exports surged to $765K in 2022. Over the period under review, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Push-Button and Rotary Switch in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 94.2 | 103 | 23.6 | 305 | 47.9% |
| Ghana | N/A | 7.6 | N/A | 91.7 | 247.4% |
| Syrian Arab Republic | 236 | 28.3 | 2.5 | 91.7 | -27.0% |
| Saudi Arabia | 106 | 19.6 | 2.1 | 72.5 | -11.9% |
| Iraq | 4.9 | 17.1 | 9.5 | 65.9 | 137.8% |
| Libya | N/A | 31.5 | 5.5 | 41.5 | 14.8% |
| Palestine | N/A | 28.9 | 0.6 | 39.1 | 16.3% |
| United Arab Emirates | 3.7 | N/A | N/A | 16.6 | 64.9% |
| Others | 20.2 | 20.0 | 4.2 | 40.8 | 26.4% |
| Total | 464 | 256 | 48.1 | 765 | 18.1% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Jordan in 2022:
- Free Zones (94.9K units)
- Ghana (28.6K units)
- Syrian Arab Republic (27.8K units)
- Saudi Arabia (22.6K units)
- Iraq (20.5K units)
- United Arab Emirates (16.6K units)
- Libya (12.9K units)
- Palestine (12.2K units)
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