Price for Machinery; Parts of the Machinery of Heading No. 8425 in Jordan - 2022

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Jordan (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Jordan (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Jordan
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Jordan

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Jordan (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $6,416 per ton, with a decrease of -3.9% against the previous year. In general, the import price saw a perceptible decrease. The growth pace was the most rapid in 2019 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the maximum at $12,572 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Sweden ($17,211 per ton), while the price for Turkey ($2,029 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Jordan (FOB) - 2022

The average export price for machinery; parts of the machinery of heading no. 8425 stood at $25,096 per ton in 2022, waning by -24.2% against the previous year. Over the period under review, the export price showed a slight contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $33,119 per ton, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($196,800 per ton), while the average price for exports to Burundi ($1,381 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Jordan

For the fourth year in a row, Jordan recorded growth in supplies from abroad of machinery; parts of the machinery of heading no. 8425, which increased by 49% to 152 tons in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. Over the period under review, imports of machinery; parts of machinery of heading no. 8425 attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 surged to $978K in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Over the period under review, imports of machinery; parts of machinery of heading no. 8425 attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6.720.7166238228.7%
United Kingdom55.11.222.518248.9%
Netherlands49.110114.011131.2%
Poland3.87.917.270.4164.6%
Romania1.9N/AN/A57.6211.8%
Bulgaria3.36.111.838.8127.4%
France22.931.418.037.417.8%
South Korea0.315.821.131.6372.3%
Australia4.31.712.131.293.6%
United States14.611.05.227.823.9%
Germany8.719.599.127.146.0%
Turkey0.20.74.812.3294.7%
Italy66.610.42069.4-47.9%
Others47.312087.210430.0%
Total28534768697850.8%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Jordan in 2022:

  1. United Kingdom (55.5 tons)
  2. Netherlands (15.4 tons)
  3. Sweden (13.8 tons)
  4. Romania (9.1 tons)
  5. Poland (8.6 tons)
  6. France (7.6 tons)
  7. South Korea (7.5 tons)
  8. Turkey (6.1 tons)
  9. United States (4.8 tons)
  10. Australia (4.8 tons)
  11. Bulgaria (3.8 tons)
  12. Italy (2.6 tons)
  13. Germany (2.4 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Jordan

For the third consecutive year, Jordan recorded decline in overseas shipments of machinery; parts of the machinery of heading no. 8425, which decreased by -3.9% to 930 kg in 2022. In general, exports saw a sharp reduction.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 fell significantly to $23K in 2022. Overall, exports showed a sharp decline.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones61.522.110.513.2-40.1%
Saudi Arabia9.16.55.57.7-5.4%
Germany35.114.16.81.0-69.5%
Egypt0.30.20.20.2-12.6%
BurundiN/AN/AN/A0.10%
IndiaN/A10.8N/AN/A0%
Others1.44.99.11.3-2.4%
Total10758.632.123.3-39.8%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Jordan in 2022:

  1. Free Zones (737.0 kg)
  2. Saudi Arabia (96.0 kg)
  3. Burundi (63.0 kg)
  4. Egypt (15.0 kg)
  5. Germany (5.0 kg)

Source: IndexBox Market Intelligence Platform

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