Jordan - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHearing Aid Price in Jordan - 2022
Contents:
- Hearing Aid Price in Jordan (CIF) - 2022
- Hearing Aid Price in Jordan (FOB) - 2022
- Hearing Aid Imports in Jordan
- Hearing Aid Exports in Jordan
Hearing Aid Price in Jordan (CIF) - 2022
The average hearing aid import price stood at $180 per unit in 2022, remaining constant against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 16% against the previous year. As a result, import price attained the peak level of $187 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Switzerland ($189 per unit) and Vietnam ($189 per unit), while the price for Poland ($166 per unit) and Denmark ($174 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Hearing Aid Price in Jordan (FOB) - 2022
In 2022, the average hearing aid export price amounted to $154 per unit, declining by -2.5% against the previous year. Overall, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 134% against the previous year. The export price peaked at $644 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($239 per unit), while the average price for exports to Poland ($136 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 Iraq (+17.9%), while the prices for the other major destinations experienced a decline.
Hearing Aid Imports in Jordan
In 2022, approx. 17K units of hearing aids (excl. parts and accessories) were imported into Jordan; surging by 13% compared with the previous year. In general, imports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, imports hit record highs at 18K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, hearing aid imports totaled $3.1M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Hearing Aid in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1,412 | 902 | 1,125 | 1,378 | -0.8% |
| Mexico | 31.4 | 58.1 | 128 | 379 | 129.4% |
| United States | 317 | 285 | 317 | 350 | 3.4% |
| Austria | 408 | 243 | 352 | 246 | -15.5% |
| Vietnam | 99.0 | 23.4 | 37.6 | 127 | 8.7% |
| Singapore | 143 | 64.8 | 127 | 107 | -9.2% |
| Australia | 212 | 19.2 | 11.3 | 104 | -21.1% |
| Poland | N/A | 21.0 | 30.3 | 99.0 | 117.1% |
| Turkey | 0.5 | 180 | 126 | 89.3 | 463.2% |
| Germany | 24.1 | 249 | 230 | 78.8 | 48.4% |
| China | 175 | 171 | 134 | 54.1 | -32.4% |
| Others | 31.4 | 11.7 | 78.6 | 41.5 | 9.7% |
| Total | 2,853 | 2,227 | 2,696 | 3,054 | 2.3% |
Top Suppliers of Hearing Aid to Jordan in 2022:
- Denmark (7.9K units)
- Mexico (2.0K units)
- United States (1.9K units)
- Austria (1.3K units)
- Vietnam (0.7K units)
- Australia (0.6K units)
- Singapore (0.6K units)
- Poland (0.6K units)
- Turkey (0.5K units)
- Germany (0.4K units)
- China (0.3K units)
Hearing Aid Exports in Jordan
For the fourth year in a row, Jordan recorded growth in shipments abroad of hearing aids (excl. parts and accessories), which increased by 27% to 5.2K units in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,434% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, hearing aid exports soared to $810K in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 328%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Hearing Aid in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | N/A | N/A | 575 | 689 | 19.8% |
| Kuwait | N/A | 11.2 | 31.8 | 56.0 | 123.6% |
| Libya | 7.2 | N/A | 22.0 | 31.9 | 64.2% |
| Poland | N/A | N/A | N/A | 10.9 | 0% |
| Others | 103 | 141 | 25.2 | 21.5 | -40.7% |
| Total | 110 | 153 | 654 | 810 | 94.5% |
Top Export Markets for Hearing Aid from Jordan in 2022:
- Free Zones (4.7K units)
- Kuwait (0.2K units)
- Libya (0.2K units)
- Poland (0.1K units)
This report provides an in-depth analysis of the hearing aid market 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 26601433 - Appliances for overcoming deafness (excluding parts and accessories)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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