Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan - 2022
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $302 thousand per unit, picking up by 53% against the previous year. Overall, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 179% against the previous year. The import price peaked at $327 thousand per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($510 thousand per unit), while the price for Italy ($191 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan (FOB) - 2022
The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $165 thousand per unit in 2022, with a decrease of -34.7% against the previous year. Over the period under review, the export price faced a dramatic shrinkage. The growth pace was the most rapid in 2016 an increase of 109% against the previous year. Over the period under review, the average export prices hit record highs at $1.6 million 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 Free Zones ($474 thousand per unit), while the average price for exports to Bahrain ($3.5 thousand 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 Switzerland (+4.7%), while the prices for the other major destinations experienced a decline.
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan
Imports of turbo-jets, turbo-propellers and other gas turbineses into Jordan soared to 736 units in 2022, growing by 437% against 2021. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 477%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses surged to $222M in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,098% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 0.4 | 0.7 | 107 | 544.3% |
| Sweden | N/A | N/A | N/A | 48.2 | 0% |
| Switzerland | 1.5 | 39.7 | 2.0 | 32.0 | 177.3% |
| United States | 0.5 | 20.8 | 4.4 | 20.0 | 242.0% |
| Hungary | 0.7 | N/A | N/A | 14.3 | 173.4% |
| Italy | 3.0 | 12.7 | 19.9 | 0.6 | -41.5% |
| France | 4.4 | 55.2 | N/A | N/A | 1154.5% |
| Others | 0.8 | 5.3 | 0.1 | 0.4 | -20.6% |
| Total | 11.2 | 134 | 27.0 | 222 | 170.6% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Jordan in 2022:
- Germany (352.0 units)
- Sweden (175.0 units)
- Switzerland (108.0 units)
- United States (67.0 units)
- Hungary (28.0 units)
- Italy (3.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan
In 2022, approx. 5 units of turbo-jets, turbo-propellers and other gas turbineses were exported from Jordan; increasing by 25% compared with 2021 figures. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.7% 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 +25.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 75% against the previous year. As a result, the exports reached the peak of 7 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses shrank remarkably to $823K in 2022. Overall, exports, however, showed a deep setback. Over the period under review, the exports of reached the peak figure at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 1,390 | N/A | 194 | 474 | -30.1% |
| Malaysia | N/A | 577 | 777 | 345 | -22.7% |
| Bahrain | N/A | N/A | N/A | 3.5 | 0% |
| Croatia | 47.0 | N/A | N/A | N/A | 0% |
| Switzerland | 47.0 | 44.9 | N/A | N/A | -4.5% |
| China | N/A | 123 | N/A | N/A | 0% |
| Vietnam | 47.0 | 44.9 | N/A | N/A | -4.5% |
| United States | N/A | N/A | 8.7 | N/A | 0% |
| United Arab Emirates | N/A | 372 | 28.4 | N/A | -92.4% |
| Saudi Arabia | N/A | 72.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,531 | 1,234 | 1,008 | 823 | -18.7% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Jordan in 2022:
- Malaysia (3.0 units)
- Bahrain (1.0 units)
- Free Zones (1.0 units)
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