Jordan - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Jordan - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights

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Lift and Hoist Price in Jordan - 2022

Contents:

  1. Lift and Hoist Price in Jordan (CIF) - 2022
  2. Lift and Hoist Price in Jordan (FOB) - 2022
  3. Lift and Hoist Imports in Jordan
  4. Lift and Hoist Exports in Jordan

Lift and Hoist Price in Jordan (CIF) - 2022

The average lift and hoist import price stood at $18,104 per unit in 2022, falling by -11.3% against the previous year. In general, the import price continues to indicate a perceptible decline. The growth pace was the most rapid in 2021 when the average import price increased by 15% against the previous year. The import price peaked at $25,789 per unit in 2014; however, from 2015 to 2022, 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 Greece ($20,017 per unit) and Turkey ($19,874 per unit), while the price for Thailand ($17,729 per unit) and South Korea ($18,748 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.5%), while the prices for the other major suppliers experienced a decline.

Lift and Hoist Price in Jordan (FOB) - 2022

The average lift and hoist export price stood at $19,269 per unit in 2022, which is down by -9.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 25% against the previous year. Over the period under review, the average export prices reached the maximum at $26,400 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($15,924 per unit), while the average price for exports to Palestine stood at $13,906 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Lift and Hoist Imports in Jordan

Lift and hoist imports into Jordan soared to 397 units in 2022, with an increase of 36% compared with 2021. In general, imports, however, continue to indicate a abrupt slump. Over the period under review, imports attained the peak figure at 681 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, lift and hoist imports soared to $7.2M in 2022. Overall, imports, however, faced a abrupt shrinkage. Over the period under review, imports hit record highs at $12M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Lift and Hoist in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5141,9121,6771,506-15.7%
Italy9921,1193631,0020.3%
Spain2,5443,2721,890847-30.7%
South Korea1,229146N/A694-17.3%
Slovakia32.772230721687.6%
Finland4561,302586211-22.7%
Greece13373.813818010.6%
Turkey58.083.321317945.6%
Thailand1,9022,73158888.6-64.0%
France493526N/AN/A6.7%
Others1791931962,264133.0%
Total10,53312,0805,9587,187-12.0%

Top Suppliers of Lift and Hoist to Jordan in 2022:

  1. China (79.0 units)
  2. Italy (53.0 units)
  3. Spain (45.0 units)
  4. South Korea (37.0 units)
  5. Finland (11.0 units)
  6. Slovakia (11.0 units)
  7. Turkey (9.0 units)
  8. Greece (9.0 units)
  9. Thailand (5.0 units)

Lift and Hoist Exports in Jordan

In 2022, approx. 8 units of lifts and hoists were exported from Jordan; dropping by -11.1% against 2021. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 125%. Over the period under review, the exports reached the peak figure at 17 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, lift and hoist exports shrank remarkably to $154K in 2022. In general, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 111% against the previous year. Over the period under review, the exports reached the peak figure at $390K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Lift and Hoist in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq37.523.295.395.536.6%
Palestine9.510.4N/A13.913.5%
Free Zones34257.320.5N/A-75.5%
GermanyN/AN/A2.4N/A0%
QatarN/AN/A33.6N/A0%
Egypt1.5N/AN/AN/A0%
Saudi ArabiaN/AN/A29.0N/A0%
OthersN/AN/A10.944.7310.1%
Total39090.8192154-26.6%

Top Export Markets for Lift and Hoist from Jordan in 2022:

  1. Iraq (6.0 units)
  2. Palestine (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)

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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