Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Jordan - 2022

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Jordan (CIF) - 2022
2. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Jordan

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Jordan (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.1 per unit in 2022, picking up by 82% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 132%. As a result, import price reached the peak level of $0.4 per unit. From 2018 to 2022, the average import prices remained at a somewhat 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 Turkey ($0.1 per unit), while the price for Italy totaled $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-3.5%), while the prices for the other major suppliers experienced a decline.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Jordan

After three years of growth, overseas purchases of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -75% to 217K units in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 221%. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum at 868K units in 2021, and then fell notably in the following year.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones contracted rapidly to $21K in 2022. In general, imports, however, saw strong growth. The pace of growth was the most pronounced in 2020 with an increase of 303% against the previous year. As a result, imports reached the peak of $50K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Jordan in 2022:

1. Turkey (112.8K units)
2. Italy (104.6K units)

Source: IndexBox Market Intelligence Platform