Price for Non-Keyboard Electrical Musical Instruments in Jordan - 2022

Contents:

1. Price for Non-Keyboard Electrical Musical Instruments in Jordan (CIF) - 2022
2. Price for Non-Keyboard Electrical Musical Instruments in Jordan (FOB) - 2022
3. Imports of Non-Keyboard Electrical Musical Instruments in Jordan
4. Exports of Non-Keyboard Electrical Musical Instruments in Jordan

Price for Non-Keyboard Electrical Musical Instruments in Jordan (CIF) - 2022

The average non-keyboard electrical musical instruments import price stood at $225 per unit in 2022, which is down by -39.6% against the previous year. Overall, the import price, however, saw a moderate increase. The growth pace was the most rapid in 2018 an increase of 54% against the previous year. The import price peaked at $380 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,192 per unit), while the price for Pakistan ($18 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Keyboard Electrical Musical Instruments in Jordan (FOB) - 2022

In 2022, the average non-keyboard electrical musical instruments export price amounted to $89 per unit, shrinking by -11% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2015 when the average export price increased by 122% against the previous year. As a result, the export price attained the peak level of $504 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($400 per unit), while the average price for exports to the United Arab Emirates ($3 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 France (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Keyboard Electrical Musical Instruments in Jordan

In 2022, approx. 874 units of non-keyboard electrical musical instrumentses were imported into Jordan; surging by 106% on 2021. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-keyboard electrical musical instruments imports skyrocketed to $196K in 2022. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.5% 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 +81.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Non-Keyboard Electrical Musical Instruments to Jordan in 2022:

1. Malaysia (257.0 units)
2. China (225.0 units)
3. Pakistan (194.0 units)
4. India (58.0 units)
5. Indonesia (50.0 units)
6. United Arab Emirates (43.0 units)
7. United States (9.0 units)

Exports of Non-Keyboard Electrical Musical Instruments in Jordan

After two years of decline, shipments abroad of non-keyboard electrical musical instrumentses increased by 25% to 5 units in 2022. Over the period under review, exports, however, showed a significant decline. Over the period under review, the exports hit record highs at 13 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-keyboard electrical musical instruments exports rose markedly to $443 in 2022. In general, exports, however, recorded a dramatic shrinkage. Over the period under review, the exports hit record highs at $4.9K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Non-Keyboard Electrical Musical Instruments from Jordan in 2022:

1. Canada (1.0 units)
2. United Arab Emirates (1.0 units)
3. Germany (1.0 units)
4. United Kingdom (1.0 units)
5. Luxembourg (1.0 units)

Source: IndexBox Market Intelligence Platform