Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan (FOB) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan (CIF) - 2022
  3. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan
  4. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan (FOB) - 2022

The average export price for electric motors and generators stood at $7,448 per unit in 2022, growing by 34% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 360% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +27.3% per year.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan (CIF) - 2022

The average import price for electric motors and generators stood at $6,515 per unit in 2022, increasing by 30% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth was the most pronounced in 2017 an increase of 430%. Over the period under review, average import prices hit record highs at $30,677 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($42,018 per unit), while the price for Israel ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+75.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan

In 2022, the amount of electric motors and generators exported from Jordan shrank remarkably to 21 units, declining by -25% on 2021. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 600%. As a result, the exports reached the peak of 28 units, and then dropped significantly in the following year.

In value terms, exports of electric motors and generators reached $156K in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 762%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones56.515.415615640.3%
OthersN/A2.6N/AN/A0%
Total56.518.115615640.3%

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Jordan in 2022:

  1. Free Zones (21.0 units)

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan

For the third year in a row, Jordan recorded decline in overseas purchases of electric motors and generators, which decreased by 0% to 13 units in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The smallest decline of -7.1% was in 2021. Imports peaked at 23 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric motors and generators skyrocketed to $85K in 2022. In general, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Imports peaked at $453K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan14919.431.442.0-34.4%
United Kingdom83.710.115.218.9-39.1%
United States5.01.02.69.624.3%
China30.43.14.03.7-50.4%
Netherlands3.40.72.63.1-3.0%
India28.42.22.62.5-55.5%
Italy34.55.11.71.5-64.8%
Lebanon10.81.11.41.4-49.4%
Turkey97.71.02.81.1-77.6%
Spain2.50.30.40.5-41.5%
Germany0.80.10.20.2-37.0%
South Korea0.80.10.10.1-50.0%
Israel0.3N/AN/AN/A0%
Others5.41.1N/AN/A-79.6%
Total45345.265.084.7-42.8%

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Jordan in 2022:

  1. Turkey (1.0 units)
  2. United States (1.0 units)
  3. Israel (1.0 units)
  4. Netherlands (1.0 units)
  5. Italy (1.0 units)
  6. Lebanon (1.0 units)
  7. India (1.0 units)
  8. United Kingdom (1.0 units)
  9. China (1.0 units)
  10. Japan (1.0 units)
  11. Germany (1.0 units)
  12. South Korea (1.0 units)
  13. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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