Jordan - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Jordan - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights

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Price for Mechanical Shovel and Excavator in Jordan - 2022

Contents:

  1. Price for Mechanical Shovel and Excavator in Jordan (FOB) - 2022
  2. Price for Mechanical Shovel and Excavator in Jordan (CIF) - 2022
  3. Exports of Mechanical Shovel and Excavator in Jordan
  4. Imports of Mechanical Shovel and Excavator in Jordan

Price for Mechanical Shovel and Excavator in Jordan (FOB) - 2022

The average mechanical shovel and excavator export price stood at $54,168 per unit in 2022, growing by 15% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 169%. Over the period under review, the average export prices attained the maximum at $112,920 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($56,338 per unit), while the average price for exports to Free Zones ($53,625 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+27.0%), while the prices for the other major destinations experienced a decline.

Price for Mechanical Shovel and Excavator in Jordan (CIF) - 2022

The average mechanical shovel and excavator import price stood at $53,203 per unit in 2022, waning by -31% against the previous year. Overall, the import price, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 216% against the previous year. Over the period under review, average import prices attained the maximum at $110,183 per unit in 2020; however, from 2021 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 the United Arab Emirates ($74,097 per unit), while the price for Canada ($5,634 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+53.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mechanical Shovel and Excavator in Jordan

In 2022, mechanical shovel and excavator exports from Jordan surged to 12 units, rising by 71% against the previous year's figure. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 175% against the previous year. As a result, the exports reached the peak of 22 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, mechanical shovel and excavator exports skyrocketed to $650K in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 190%. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Mechanical Shovel and Excavator in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones17590168.837528.9%
Saudi ArabiaN/AN/AN/A2180%
BelgiumN/AN/AN/A56.30%
GermanyN/A36.520.1N/A-44.9%
United StatesN/AN/A222N/A0%
Cote d'Ivoire166N/AN/AN/A0%
IsraelN/A34.0N/AN/A0%
Egypt5.0N/AN/AN/A0%
Others26.311020.1N/A-12.6%
Total3731,08233165020.3%

Top Export Markets for Mechanical Shovel and Excavator from Jordan in 2022:

  1. Free Zones (7.0 units)
  2. Saudi Arabia (4.0 units)
  3. Belgium (1.0 units)

Imports of Mechanical Shovel and Excavator in Jordan

In 2022, overseas purchases of mechanical shovels, excavators and shovel loaders decreased by -34.4% to 21 units, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 225% against the previous year. As a result, imports reached the peak of 52 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, mechanical shovel and excavator imports contracted dramatically to $1.1M in 2022. Overall, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 528% against the previous year. As a result, imports reached the peak of $5.7M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Mechanical Shovel and Excavator in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates52295.23415934.3%
United States230385101204-3.9%
China92.141231.914817.1%
Japan42.0N/AN/A10334.9%
United KingdomN/A99.741.323.9-51.0%
GermanyN/A4,6281,60321.6-93.2%
Oman3.10.2N/A18.681.7%
CanadaN/AN/AN/A5.60%
IndiaN/AN/A136N/A0%
TurkeyN/AN/A138N/A0%
Others23.311076.0N/A80.6%
Total9125,7302,4691,1177.0%

Top Suppliers of Mechanical Shovel and Excavator to Jordan in 2022:

  1. United Arab Emirates (8.0 units)
  2. United States (4.0 units)
  3. China (3.0 units)
  4. Japan (2.0 units)
  5. Canada (1.0 units)
  6. Oman (1.0 units)
  7. United Kingdom (1.0 units)
  8. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mechanical shovel and excavator 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 28922530 - Loaders specially designed for underground use
  • Prodcom 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
  • Prodcom 28922600 - Self-propelled bulldozers... with a .360
  • Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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