Price for Wigs; Complete, of Synthetic Textile Materials in Jordan - 2022

Price for Wigs; Complete, of Synthetic Textile Materials in Jordan (CIF) - 2022

In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $24 per unit, with a decrease of -1.9% against the previous year. Overall, the import price recorded a mild contraction. The pace of growth appeared the most rapid in 2015 an increase of 72%. Over the period under review, average import prices attained the maximum at $31 per unit in 2018; however, from 2019 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 Lebanon ($89 per unit), while the price for Hong Kong SAR ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wigs; Complete, of Synthetic Textile Materials in Jordan (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $182 per unit in 2022, growing by 98% against the previous year. In general, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

Imports of Wigs; Complete, of Synthetic Textile Materials in Jordan

In 2022, imports of wigs; complete, of synthetic textile materialses into Jordan skyrocketed to 977 units, with an increase of 42% compared with the year before. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 524%. As a result, imports reached the peak of 3K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wigs; complete, of synthetic textile materialses skyrocketed to $23K in 2022. Overall, imports showed a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 412%. As a result, imports reached the peak of $77K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Wigs; Complete, of Synthetic Textile Materials in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.3	60.5	7.6	10.5	47.1%
Nigeria	0.3	5.7	4.1	4.7	150.2%
Uganda	N/A	N/A	N/A	1.3	0%
Turkey	0.8	1.1	0.7	0.7	-4.4%
Denmark	0.5	0.7	0.6	0.7	11.9%
Indonesia	0.7	0.8	0.5	0.5	-10.6%
Hong Kong SAR	0.2	0.3	0.3	0.3	14.5%
Others	9.2	7.8	3.1	4.7	-20.1%
Total	15.0	76.9	16.8	23.3	15.8%

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Jordan in 2022:

China (411.0 units)
Hong Kong SAR (169.0 units)
Turkey (122.0 units)
Denmark (82.0 units)
Nigeria (78.0 units)
Indonesia (30.0 units)
Uganda (22.0 units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Jordan

In 2022, the amount of wigs; complete, of synthetic textile materialses exported from Jordan plummeted to 99 units, falling by -35.7% compared with the previous year's figure. Over the period under review, exports showed a dramatic decrease. The smallest decline of -20.2% was in 2021. The exports peaked at 193 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of wigs; complete, of synthetic textile materialses soared to $18K in 2022. In general, total exports indicated significant growth from 2020 to 2022: its value increased at an average annual rate of +20.1% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.