Jordan - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Jordan - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights

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Heat Pump Price in Jordan - 2022

Contents:

  1. Heat Pump Price in Jordan (CIF) - 2022
  2. Heat Pump Price in Jordan (FOB) - 2022
  3. Heat Pump Imports in Jordan
  4. Heat Pump Exports in Jordan

Heat Pump Price in Jordan (CIF) - 2022

The average heat pump import price stood at $2,566 per unit in 2022, jumping by 16% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 104%. The import price peaked at $2,645 per unit in 2019; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($2,628 per unit) and Spain ($2,580 per unit), while the price for France ($2,562 per unit) and Italy ($2,563 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Heat Pump Price in Jordan (FOB) - 2022

The average heat pump export price stood at $1,277 per unit in 2022, falling by -26.2% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 215%. The export price peaked at $4,629 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,277 per unit), while the average price for exports to Lebanon amounted to $1,261 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.

Heat Pump Imports in Jordan

In 2022, the amount of heat pumps other than air conditioning machines imported into Jordan skyrocketed to 561 units, with an increase of 57% on 2021. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 239%. As a result, imports reached the peak of 667 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, heat pump imports surged to $1.4M in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 176% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Heat Pump in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China92.231852770597.0%
Italy10915159.538452.2%
France4.817993.2246271.4%
SpainN/AN/A24.746.487.9%
United KingdomN/A64.019.031.5-29.8%
Free Zones128645N/AN/A403.9%
United Arab Emirates10342.036.0N/A-40.9%
Others84.540.034.326.2-32.3%
Total5211,4387941,43940.3%

Top Suppliers of Heat Pump to Jordan in 2022:

  1. China (275.0 units)
  2. Italy (150.0 units)
  3. France (96.0 units)
  4. Spain (18.0 units)
  5. United Kingdom (12.0 units)

Heat Pump Exports in Jordan

In 2022, shipments abroad of heat pumps other than air conditioning machines decreased by -51.8% to 906 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 8,840% against the previous year. The exports peaked at 1.9K units in 2021, and then dropped remarkably in the following year.

In value terms, heat pump exports fell markedly to $1.2M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 5,252% against the previous year. As a result, the exports reached the peak of $5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Heat Pump in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A1,7632,1641,129-20.0%
LebanonN/AN/A44.917.7-60.6%
Free Zones92.6888N/A3.9-65.2%
OmanN/A696N/AN/A0%
SudanN/A93.5244N/A161.0%
United Arab EmiratesN/A801N/AN/A0%
QatarN/A677621N/A-8.3%
OthersN/A34.81756.0-58.5%
Total92.64,9543,2491,157132.0%

Top Export Markets for Heat Pump from Jordan in 2022:

  1. United States (884.0 units)
  2. Lebanon (14.0 units)
  3. Free Zones (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the heat pump 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 28251380 - Heat pumps other than air conditioning machines of HS

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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