Price for Machinery; Parts of Machinery of Heading No. 8422 in Jordan - 2022

Contents:

1. Price for Machinery; Parts of Machinery of Heading No. 8422 in Jordan (CIF) - 2022
2. Price for Machinery; Parts of Machinery of Heading No. 8422 in Jordan (FOB) - 2022
3. Imports of Machinery; Parts of Machinery of Heading No. 8422 in Jordan
4. Exports of Machinery; Parts of Machinery of Heading No. 8422 in Jordan

Price for Machinery; Parts of Machinery of Heading No. 8422 in Jordan (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $61,772 per ton, picking up by 9% against the previous year. In general, the import price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2020 an increase of 22%. The import price peaked at $101,973 per ton in 2012; however, from 2013 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 Germany ($829,494 per ton), while the price for China ($11,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery of Heading No. 8422 in Jordan (FOB) - 2022

The average export price for machinery; parts of machinery of heading no. 8422 stood at $143,925 per ton in 2022, shrinking by -3.5% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2014 an increase of 210% against the previous year. The export price peaked at $183,916 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iraq ($148,267 per ton) and Syrian Arab Republic ($144,952 per ton), while the average price for exports to Chile ($143,731 per ton) and Free Zones ($143,783 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery of Heading No. 8422 in Jordan

In 2022, supplies from abroad of machinery; parts of machinery of heading no. 8422 decreased by -7.6% to 206 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of 255 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of machinery; parts of machinery of heading no. 8422 stood at $13M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 69% against the previous year. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Jordan in 2022:

1. China (132.2 tons)
2. Turkey (64.0 tons)
3. Italy (4.1 tons)
4. Germany (1.5 tons)

Exports of Machinery; Parts of Machinery of Heading No. 8422 in Jordan

In 2022, the amount of machinery; parts of machinery of heading no. 8422 exported from Jordan skyrocketed to 2.6 tons, with an increase of 310% on the previous year's figure. Over the period under review, exports enjoyed a resilient increase.

In value terms, exports of machinery; parts of machinery of heading no. 8422 soared to $376K in 2022. Overall, exports recorded a significant increase.

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Jordan in 2022:

1. Free Zones (1749.0 kg)
2. Chile (238.0 kg)
3. Italy (195.0 kg)
4. Sudan (176.0 kg)
5. Switzerland (84.0 kg)
6. Syrian Arab Republic (62.0 kg)
7. Saudi Arabia (47.0 kg)

Source: IndexBox Market Intelligence Platform