Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan - 2022

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan (CIF) - 2022
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan (FOB) - 2022
  3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan
  4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $13,355 per unit, rising by 3.7% against the previous year. In general, the import price saw a resilient increase. The growth pace was the most rapid in 2018 when the average import price increased by 60% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($13,367 per unit) and India ($13,351 per unit), while the price for the United Arab Emirates ($11,661 per unit) and Mexico ($13,338 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $12,676 per unit in 2022, declining by -1.8% against the previous year. Overall, the export price, however, showed buoyant growth. The growth pace was the most rapid in 2019 when the average export price increased by 289% against the previous year. As a result, the export price attained the peak level of $23,721 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +10.5% per year.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs imported into Jordan amounted to 799 units, surging by 8.7% compared with 2021 figures. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 173% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs expanded remarkably to $11M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 189%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.33.46.68.2201.2%
India0.30.90.81.674.7%
MexicoN/A0.10.50.6144.9%
United Arab Emirates1.62.01.4N/A-6.5%
OthersN/A0.10.30.241.4%
Total2.26.59.510.769.4%

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Jordan in 2022:

  1. South Korea (617.0 units)
  2. India (119.0 units)
  3. Mexico (44.0 units)
  4. United Arab Emirates (2.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan

Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from Jordan reduced remarkably to 5 units in 2022, dropping by -16.7% compared with the year before. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 500%. As a result, the exports attained the peak of 6 units, and then fell rapidly in the following year.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs declined dramatically to $63K in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 817% against the previous year. As a result, the exports attained the peak of $77K, and then shrank significantly in the following year.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones7.08.435.263.4108.4%
QatarN/AN/A42.3N/A0%
Kuwait1.5N/AN/AN/A0%
Others38.9N/AN/AN/A0%
Total47.48.477.563.410.2%

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Jordan in 2022:

  1. Free Zones (5.0 units)

Source: IndexBox Market Intelligence Platform

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