Price for Machinery; Parts of the Machinery of Heading No. 8427 in Jordan - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Jordan (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Jordan (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Jordan
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Jordan
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Jordan (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $12,669 per ton in 2022, picking up by 7.9% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery; parts of the machinery of heading no. 8427 decreased by -4.7% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 58%. As a result, import price attained the peak level of $14,748 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($12,677 per ton) and the UK ($12,673 per ton), while the price for Poland ($12,663 per ton) and Italy ($12,667 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Jordan (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $11,346 per ton, waning by -5.7% against the previous year. Over the period under review, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 261%. The export price peaked at $25,619 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($11,348 per ton), while the average price for exports to Saudi Arabia ($11,343 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (-7.8%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Jordan
In 2022, the amount of machinery; parts of the machinery of heading no. 8427 imported into Jordan rose significantly to 48 tons, with an increase of 13% compared with the previous year's figure. Over the period under review, imports continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. As a result, imports attained the peak of 88 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 soared to $614K in 2022. In general, imports saw a mild increase. The growth pace was the most rapid in 2020 with an increase of 74% against the previous year. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 188 | 336 | 117 | 216 | 4.7% |
| China | 22.4 | 136 | 128 | 171 | 96.9% |
| South Korea | 24.6 | 13.1 | 54.9 | 57.0 | 32.3% |
| Belgium | 29.9 | 17.5 | 26.2 | 44.2 | 13.9% |
| Turkey | 3.9 | 1.7 | N/A | 26.0 | 88.2% |
| Italy | 59.6 | 123 | 49.4 | 25.4 | -24.7% |
| United States | 31.7 | 187 | 54.5 | 22.4 | -10.9% |
| United Kingdom | 45.4 | 12.1 | 4.8 | 10.7 | -38.2% |
| Poland | 20.7 | 11.5 | 1.7 | 10.6 | -20.0% |
| Japan | 13.6 | 25.9 | 4.2 | 6.1 | -23.5% |
| Others | 144 | 156 | 61.3 | 24.3 | -44.7% |
| Total | 584 | 1,019 | 502 | 614 | 1.7% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Jordan in 2022:
- Germany (17.0 tons)
- China (13.5 tons)
- South Korea (4.5 tons)
- Belgium (3.5 tons)
- Turkey (2.1 tons)
- Italy (2.0 tons)
- United States (1.8 tons)
- Poland (0.8 tons)
- United Kingdom (0.8 tons)
- Japan (0.5 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Jordan
In 2022, overseas shipments of machinery; parts of the machinery of heading no. 8427 decreased by -38.3% to 4.3 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 shrank rapidly to $49K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 337% against the previous year. As a result, the exports reached the peak of $217K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 215 | N/A | 21.4 | -68.5% |
| Free Zones | 33.4 | N/A | 84.7 | 17.7 | -19.1% |
| Saudi Arabia | N/A | N/A | N/A | 10.2 | 0% |
| Kenya | 3.8 | N/A | N/A | N/A | 0% |
| Turkey | 6.3 | N/A | N/A | N/A | 0% |
| Others | 6.0 | 1.7 | N/A | N/A | -71.7% |
| Total | 49.6 | 217 | 84.7 | 49.3 | -0.2% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Jordan in 2022:
- Belgium (1.9 tons)
- Free Zones (1.6 tons)
- Saudi Arabia (0.9 tons)
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