Price for Electrical Insulators of Any Material in Jordan - 2022

Contents:

  1. Price for Electrical Insulators of Any Material in Jordan (CIF) - 2022
  2. Price for Electrical Insulators of Any Material in Jordan (FOB) - 2022
  3. Imports of Electrical Insulators of Any Material in Jordan
  4. Exports of Electrical Insulators of Any Material in Jordan

Price for Electrical Insulators of Any Material in Jordan (CIF) - 2022

The average import price for electrical insulators of any materials stood at $2.1 per unit in 2022, rising by 21% against the previous year. Over the period under review, the import price enjoyed strong growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 207% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sweden ($2.2 per unit) and Egypt ($2.2 per unit), while the price for Italy ($1.8 per unit) and China ($2.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Insulators of Any Material in Jordan (FOB) - 2022

The average export price for electrical insulators of any materials stood at $1.4 per unit in 2022, falling by -34% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 412%. As a result, the export price attained the peak level of $42 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($1.4 per unit), while the average price for exports to Free Zones amounted to $1.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+70.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Insulators of Any Material in Jordan

In 2022, the amount of electrical insulators of any materials imported into Jordan reached 587K units, with an increase of 2.6% compared with 2021 figures. In general, imports, however, saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 2.9%. Imports peaked at 3.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electrical insulators of any material imports surged to $1.2M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Imports peaked at $1.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electrical Insulators of Any Material in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China892461471828-2.5%
United Kingdom94.4N/A15994.90.2%
Turkey40.33.512.179.725.5%
France4.63.8N/A75.2153.8%
Egypt8.612.52.244.072.3%
Italy33334.660.030.5-54.9%
SwedenN/AN/A7.426.6259.5%
Others99.722727143.2-24.3%
Total1,4737429831,222-6.0%

Top Suppliers of Electrical Insulators of Any Material to Jordan in 2022:

  1. China (402.1K units)
  2. United Kingdom (43.9K units)
  3. Turkey (36.9K units)
  4. France (34.8K units)
  5. Egypt (20.3K units)
  6. Italy (17.2K units)
  7. Sweden (12.3K units)

Exports of Electrical Insulators of Any Material in Jordan

In 2022, overseas shipments of electrical insulators of any materials decreased by -52% to 7.3K units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 91,418% against the previous year. As a result, the exports attained the peak of 140K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electrical insulators of any material exports dropped notably to $11K in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 46,805%. As a result, the exports reached the peak of $355K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Electrical Insulators of Any Material in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free ZonesN/AN/AN/A7.20%
IraqN/AN/AN/A3.30%
Saudi ArabiaN/A35333.3N/A-90.6%
Others0.81.9N/AN/A137.5%
Total0.835533.310.6136.6%

Top Export Markets for Electrical Insulators of Any Material from Jordan in 2022:

  1. Free Zones (5.0K units)
  2. Iraq (2.3K units)

Source: IndexBox Market Intelligence Platform

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