Jordan - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnetic Card Price in Jordan - 2022
Contents:
- Magnetic Card Price in Jordan (CIF) - 2022
- Magnetic Card Price in Jordan (FOB) - 2022
- Magnetic Card Imports in Jordan
- Magnetic Card Exports in Jordan
Magnetic Card Price in Jordan (CIF) - 2022
The average magnetic card import price stood at $0.7 per unit in 2022, picking up by 9.1% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, magnetic card import price increased by +110.7% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 49%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1.6 per unit), while the price for Saudi Arabia ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Magnetic Card Price in Jordan (FOB) - 2022
In 2022, the average magnetic card export price amounted to $2.4 per unit, surging by 17% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2020 an increase of 83%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($2.4 per unit), while the average price for exports to Palestine stood at $1.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+23.1%), while the prices for the other major destinations experienced mixed trend patterns.
Magnetic Card Imports in Jordan
In 2022, overseas purchases of cards incorporating a magnetic stripe decreased by -51.5% to 9.7M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 321% against the previous year. As a result, imports reached the peak of 20M units, and then declined notably in the following year.
In value terms, magnetic card imports dropped dramatically to $6.5M in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 350% against the previous year. As a result, imports reached the peak of $12M, and then reduced remarkably in the following year.
| Import of Magnetic Card in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 241 | 1,735 | 10,410 | 2,609 | 121.2% |
| India | 2.1 | 700 | 1,367 | 2,070 | 895.2% |
| Turkey | 0.2 | 0.7 | N/A | 195 | 891.6% |
| United Arab Emirates | 319 | 99.2 | 82.8 | 150 | -22.2% |
| Sri Lanka | N/A | N/A | 20.9 | 85.6 | 309.6% |
| Saudi Arabia | 32.2 | 140 | 185 | 44.8 | 11.6% |
| Others | 67.9 | 59.0 | 250 | 1,358 | 171.4% |
| Total | 662 | 2,734 | 12,315 | 6,512 | 114.3% |
Top Suppliers of Magnetic Card to Jordan in 2022:
- China (7.3M units)
- India (1.3M units)
- Saudi Arabia (0.3M units)
- Turkey (0.2M units)
- United Arab Emirates (0.2M units)
- Sri Lanka (0.2M units)
Magnetic Card Exports in Jordan
In 2022, overseas shipments of cards incorporating a magnetic stripe decreased by -88.4% to 45K units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 5.3% against the previous year. As a result, the exports attained the peak of 459K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, magnetic card exports declined rapidly to $111K in 2022. In general, exports showed a significant decrease. The pace of growth was the most pronounced in 2020 with an increase of 93% against the previous year. As a result, the exports attained the peak of $905K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Magnetic Card in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 367 | 895 | 751 | 96.2 | -36.0% |
| Palestine | N/A | 9.2 | N/A | 6.7 | -14.7% |
| Free Zones | 95.0 | 0.8 | 63.6 | N/A | -18.2% |
| Others | 7.7 | N/A | N/A | 8.0 | 1.3% |
| Total | 469 | 905 | 815 | 111 | -38.1% |
Top Export Markets for Magnetic Card from Jordan in 2022:
- Iraq (39.6K units)
- Palestine (5.3K units)
This report provides an in-depth analysis of the magnetic card 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 26801400 - Cards incorporating a magnetic stripe
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
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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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