Weaving Machines (Looms) Price in Jordan - 2022

Contents:

  1. Weaving Machines (Looms) Price in Jordan (CIF) - 2022
  2. Weaving Machines (Looms) Price in Jordan (FOB) - 2022
  3. Weaving Machines (Looms) Imports in Jordan
  4. Weaving Machines (Looms) Exports in Jordan

Weaving Machines (Looms) Price in Jordan (CIF) - 2022

In 2022, the average weaving machines (looms) import price amounted to $20,133 per unit, dropping by -20.5% against the previous year. In general, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 568%. The import price peaked at $49,275 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($170,746 per unit), while the price for India ($198 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Weaving Machines (Looms) Price in Jordan (FOB) - 2022

The average weaving machines (looms) export price stood at $2,843 per unit in 2022, reducing by -19.5% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 199%. Over the period under review, the average export prices attained the peak figure at $8,697 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($31,978 per unit), while the average price for exports to Israel ($1,024 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 the United Arab Emirates (+26.2%), while the prices for the other major destinations experienced a decline.

Weaving Machines (Looms) Imports in Jordan

After three years of growth, overseas purchases of weaving machines (looms)s decreased by -32.1% to 53 units in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, imports reached the peak of 78 units, and then dropped dramatically in the following year.

In value terms, weaving machines (looms) imports fell notably to $1.1M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 105%. As a result, imports reached the peak of $2M, and then fell rapidly in the following year.

Import of Weaving Machines (Looms) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)22434978354934.8%
Germany14.834.1112171126.1%
United States31.41.420189.841.9%
Belgium1.640.814288.5281.0%
Italy17721130185.6-21.5%
China3.17.724.624.8100.0%
Japan4.721.546.224.673.6%
Austria30.434.054.419.5-13.8%
United Kingdom5.462.018.411.026.8%
SpainN/AN/AN/A3.00%
Turkey6.568.42810.6-54.8%
India0.54.60.10.2-26.3%
Czech RepublicN/A128N/AN/A0%
Others0.1N/A11.2N/A958.3%
Total4999631,9761,06728.8%

Top Suppliers of Weaving Machines (Looms) to Jordan in 2022:

  1. Taiwan (Chinese) (31.0 units)
  2. Belgium (5.0 units)
  3. Italy (4.0 units)
  4. Spain (3.0 units)
  5. United States (2.0 units)
  6. Japan (2.0 units)
  7. Turkey (1.0 units)
  8. India (1.0 units)
  9. United Kingdom (1.0 units)
  10. Austria (1.0 units)
  11. China (1.0 units)
  12. Germany (1.0 units)

Weaving Machines (Looms) Exports in Jordan

In 2022, approx. 146 units of weaving machines (looms)s were exported from Jordan; with an increase of 32% on the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,617%. As a result, the exports reached the peak of 223 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, weaving machines (looms) exports expanded notably to $415K in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 4,047%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Weaving Machines (Looms) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.468.0189211263.3%
Egypt0.538.086.057.3385.7%
Israel1.217.546.146.1237.4%
IraqN/AN/AN/A34.90%
United StatesN/A193N/AN/A0%
Others2.332.270.965.9206.0%
Total8.4349392415266.9%

Top Export Markets for Weaving Machines (Looms) from Jordan in 2022:

  1. India (89.0 units)
  2. Israel (45.0 units)
  3. Egypt (6.0 units)
  4. Iraq (3.0 units)

Source: IndexBox Market Intelligence Platform

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