Isolating Switch Price in Jordan - 2022

Contents:

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

Isolating Switch Price in Jordan (CIF) - 2022

The average isolating switch import price stood at $49 per unit in 2022, increasing by 43% against the previous year. In general, the import price saw prominent growth. The growth pace was the most rapid in 2016 when the average import price increased by 83%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($49 per unit) and China ($49 per unit), while the price for Italy ($49 per unit) and Turkey ($49 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Isolating Switch Price in Jordan (FOB) - 2022

In 2022, the average isolating switch export price amounted to $52 per unit, increasing by 18% against the previous year. In general, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 66%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($52 per unit), while the average price for exports to Free Zones ($52 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 Bahrain (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Isolating Switch Imports in Jordan

In 2022, overseas purchases of isolating switches & make-and-break switches were finally on the rise to reach 67K units after two years of decline. Overall, imports, however, showed a dramatic curtailment. Over the period under review, imports hit record highs at 532K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, isolating switch imports surged to $3.3M in 2022. In general, imports, however, saw a dramatic decrease. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Isolating Switch in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2679798042,751117.6%
Italy4476185595074.3%
India58143.6N/A21.8-66.5%
Turkey2,9371.2N/A17.8-81.8%
China3,72346116.210.3-86.0%
Denmark1,171N/AN/AN/A0%
Egypt26340.9N/AN/A-84.4%
Others8287251617.9-78.8%
Total10,2182,8691,5403,315-31.3%

Top Suppliers of Isolating Switch to Jordan in 2022:

  1. United Arab Emirates (55.6K units)
  2. Italy (10.2K units)
  3. Turkey (0.4K units)
  4. India (0.4K units)
  5. China (0.2K units)

Isolating Switch Exports in Jordan

In 2022, exports of isolating switches & make-and-break switches from Jordan surged to 9.7K units, with an increase of 949% compared with 2021. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, isolating switch exports surged to $504K in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Isolating Switch in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A4590%
Syrian Arab RepublicN/AN/AN/A41.40%
Free Zones15.810.710.73.9-37.3%
QatarN/AN/A30.1N/A0%
Libya71.0N/AN/AN/A0%
Others1.4N/AN/AN/A0%
Total88.210.740.850478.8%

Top Export Markets for Isolating Switch from Jordan in 2022:

  1. Saudi Arabia (8.8K units)
  2. Syrian Arab Republic (0.8K units)
  3. Free Zones (0.1K units)

Source: IndexBox Market Intelligence Platform

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