Report Update: May 1, 2024

Jordan - Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels - Market Analysis, Forecast, Size, Trends And Insights

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Price for Grease Fittings and Oil Seals in Jordan - 2022

Price for Grease Fittings and Oil Seals in Jordan (CIF) - 2022

In 2022, the average import price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels amounted to $40 per unit, growing by 22% against the previous year. Overall, the import price recorded a perceptible increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 135% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($38 per unit) and the United States ($38 per unit), while the price for the Netherlands ($38 per unit) and Turkey ($38 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grease Fittings and Oil Seals in Jordan (FOB) - 2022

In 2022, the average export price for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels amounted to $36 per unit, with a decrease of -6% against the previous year. Overall, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2014 an increase of 96% against the previous year. Over the period under review, the average export prices hit record highs at $113 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($36 per unit), while the average price for exports to Saudi Arabia stood at $36 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+35.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Grease Fittings and Oil Seals in Jordan

In 2022, the amount of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels imported into Jordan shrank to 8.7K units, reducing by -9.7% compared with the previous year. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 82%. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, grease fittings and oil seals imports rose remarkably to $350K in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. Over the period under review, imports attained the peak figure at $357K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Grease Fittings and Oil Seals in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	39.3	59.0	32.0	150	56.3%
United States	13.6	23.0	26.0	60.3	64.3%
India	N/A	6.2	N/A	41.9	160.0%
Turkey	57.9	8.4	5.9	17.1	-33.4%
Switzerland	2.0	N/A	5.5	14.8	94.9%
China	18.2	15.1	38.4	14.7	-6.9%
Netherlands	4.4	N/A	3.4	12.0	39.7%
Italy	32.7	14.2	8.2	5.8	-43.8%
Taiwan (Chinese)	20.1	0.6	7.5	2.0	-53.7%
France	82.1	1.1	51.0	N/A	-21.2%
United Arab Emirates	24.6	40.5	130	N/A	129.9%
Israel	6.9	N/A	N/A	N/A	0%
Others	55.0	10.1	9.7	31.4	-17.0%
Total	357	178	317	350	-0.7%

Top Suppliers of Grease Fittings and Oil Seals to Jordan in 2022:

Germany (3930.0 units)
United States (1576.0 units)
India (1094.0 units)
Turkey (447.0 units)
Switzerland (388.0 units)
China (383.0 units)
Netherlands (315.0 units)
Italy (152.0 units)
Taiwan (Chinese) (51.0 units)

Exports of Grease Fittings and Oil Seals in Jordan

Grease fittings and oil seals exports from Jordan skyrocketed to 1.2K units in 2022, picking up by 46% compared with 2021 figures. Over the period under review, exports, however, recorded a deep reduction. Over the period under review, the exports reached the maximum at 2.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, grease fittings and oil seals exports surged to $43K in 2022. Overall, exports, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. The exports peaked at $93K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Grease Fittings and Oil Seals in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	N/A	N/A	27.2	36.3	33.5%
Free Zones	77.3	N/A	2.1	6.5	-56.2%
Hong Kong SAR	N/A	11.9	N/A	N/A	0%
Sudan	N/A	9.4	N/A	N/A	0%
Italy	15.0	N/A	N/A	N/A	0%
Others	0.8	1.0	1.8	N/A	50.0%
Total	93.2	22.3	31.1	42.8	-22.8%

Top Export Markets for Grease Fittings and Oil Seals from Jordan in 2022:

Saudi Arabia (1018.0 units)
Free Zones (181.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for grease fittings and oil seals in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28298400 - Non-automatic lubricating pots, greasing nipples, oil seal rings, hand wheels, levers, hand grips, safety guards and baseplates for machinery

Country coverage:

Jordan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Jordan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023