Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan - 2022

Contents:

1. Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan (CIF) - 2022
2. Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan (FOB) - 2022
3. Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan
4. Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan

Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan (CIF) - 2022

The average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $1.6 thousand per unit in 2022, which is down by -1.5% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 106% against the previous year. As a result, import price attained the peak level of $2.2 thousand per unit. From 2017 to 2022, the average import prices remained at a lower figure.

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 the United States ($3.7 thousand per unit), while the price for Malaysia ($477 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+50.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan (FOB) - 2022

The average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $1.7 thousand per unit in 2022, rising by 23% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices reached the peak figure at $2.3 thousand per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Saudi Arabia ($4.9 thousand per unit), while the average price for exports to Norway ($287 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 Denmark (+391.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan

Imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s into Jordan rose rapidly to 175 units in 2022, with an increase of 9.4% against the year before. Overall, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.4% 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 +68.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s expanded notably to $281K in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 62%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to Jordan in 2022:

1. United Kingdom (35.0 units)
2. Germany (25.0 units)
3. Italy (24.0 units)
4. Hungary (20.0 units)
5. China (19.0 units)
6. United States (10.0 units)
7. South Korea (8.0 units)
8. India (6.0 units)

Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Jordan

In 2022, approx. 6 units of engines; pneumatic power engines and motors, other than linear acting (cylinders)s were exported from Jordan; increasing by 20% compared with the year before. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +20.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s skyrocketed to $10K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from Jordan in 2022:

1. Saudi Arabia (1.0 units)
2. Philippines (1.0 units)
3. Germany (1.0 units)
4. Iraq (1.0 units)
5. Norway (1.0 units)
6. Free Zones (1.0 units)

Source: IndexBox Market Intelligence Platform