Life-Jackets and Life-Belts Price in Jordan - 2022

Contents:

  1. Life-Jackets and Life-Belts Price in Jordan (CIF) - 2022
  2. Life-Jackets and Life-Belts Price in Jordan (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Jordan
  4. Life-Jackets and Life-Belts Exports in Jordan

Life-Jackets and Life-Belts Price in Jordan (CIF) - 2022

The average life-jackets and life-belts import price stood at $32,261 per ton in 2022, reducing by -11.8% against the previous year. Overall, the import price, however, showed a prominent increase. The growth pace was the most rapid in 2020 an increase of 145%. Over the period under review, average import prices attained the maximum at $36,576 per ton in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($32,333 per ton) and Free Zones ($32,276 per ton), while the price for the United States ($32,240 per ton) and India ($32,255 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in Jordan (FOB) - 2022

In 2022, the average life-jackets and life-belts export price amounted to $40,550 per ton, declining by -42.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54% against the previous year. The export price peaked at $72,946 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($40,559 per ton), while the average price for exports to Free Zones totaled $40,514 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Life-Jackets and Life-Belts Imports in Jordan

For the third consecutive year, Jordan recorded decline in supplies from abroad of life-jackets and life-beltses, which decreased by -15.4% to 2.7 tons in 2022. In general, imports continue to indicate a precipitous shrinkage. The smallest decline of -10.2% was in 2021.

In value terms, life-jackets and life-belts imports shrank dramatically to $88K in 2022. Overall, imports showed a slight decline. The most prominent rate of growth was recorded in 2020 when imports increased by 20%.

Import of Life-Jackets and Life-Belts in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.427.95.233.452.6%
India9.212.612.620.630.8%
Free Zones1.00.53.212.9134.5%
United States1.10.62.811.2116.7%
Poland0.91.11.36.492.3%
South Korea0.70.91.33.266.0%
Spain1.71.61.3N/A-12.6%
United Kingdom10.48.47.0N/A-18.0%
Finland10.614.320.0N/A37.4%
United Arab Emirates0.92.93.5N/A97.2%
Taiwan (Chinese)1.50.61.1N/A-14.4%
Czech Republic3.35.211.7N/A88.3%
Israel8.18.18.3N/A1.2%
Others33.225.838.0N/A7.0%
Total92.011011787.6-1.6%

Top Suppliers of Life-Jackets and Life-Belts to Jordan in 2022:

  1. China (1034.0 kg)
  2. India (638.0 kg)
  3. Free Zones (399.0 kg)
  4. United States (346.0 kg)
  5. Poland (199.0 kg)
  6. South Korea (99.0 kg)

Life-Jackets and Life-Belts Exports in Jordan

For the fourth year in a row, Jordan recorded growth in overseas shipments of life-jackets and life-beltses, which increased by 20% to 180 kg in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 61%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, life-jackets and life-belts exports reduced markedly to $7.3K in 2022. Over the period under review, exports recorded a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. As a result, the exports attained the peak of $11K, and then contracted markedly in the following year.

Export of Life-Jackets and Life-Belts in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq0.10.10.35.9289.3%
Free Zones2.41.21.01.4-16.4%
United Kingdom1.12.06.8N/A148.6%
France0.50.20.2N/A-36.8%
IndiaN/A2.30.5N/A-78.3%
United Arab Emirates0.10.10.1N/A0.0%
Israel0.30.40.8N/A63.3%
Others1.10.41.1N/A0.0%
Total5.46.810.67.310.6%

Top Export Markets for Life-Jackets and Life-Belts from Jordan in 2022:

  1. Iraq (145.0 kg)
  2. Free Zones (35.0 kg)

Source: IndexBox Market Intelligence Platform

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