Price for Milking Machines and Dairy Machinery in Jordan - 2022

Contents:

  1. Price for Milking Machines and Dairy Machinery in Jordan (CIF) - 2022
  2. Price for Milking Machines and Dairy Machinery in Jordan (FOB) - 2022
  3. Imports of Milking Machines and Dairy Machinery in Jordan
  4. Exports of Milking Machines and Dairy Machinery in Jordan

Price for Milking Machines and Dairy Machinery in Jordan (CIF) - 2022

In 2022, the average import price for milking machines and dairy machineries amounted to $5,930 per unit, with a decrease of -11.1% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 70%. The import price peaked at $6,674 per unit in 2021, and then declined in the following year.

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 UK ($6,774 per unit), while the price for Spain ($2,764 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Jordan (FOB) - 2022

The average export price for milking machines and dairy machineries stood at $3,192 per unit in 2022, shrinking by -28.8% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 162% against the previous year. Over the period under review, the average export prices hit record highs at $4,486 per unit in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($6,670 per unit), while the average price for exports to the United Arab Emirates totaled $2,050 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 (+114.4%).

Imports of Milking Machines and Dairy Machinery in Jordan

In 2022, purchases abroad of milking machines and dairy machineries increased by 11% to 350 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a perceptible reduction. Imports peaked at 389 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, milking machines and dairy machinery imports reduced to $2.1M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 66% against the previous year. As a result, imports reached the peak of $2.2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Milking Machines and Dairy Machinery in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1935752801,08377.7%
Turkey21.2205273302142.4%
Italy42.628444393.930.1%
Netherlands8.760.847.191.3118.9%
Denmark14957.746.286.6-16.5%
Poland10.910.412.876.591.5%
Sweden27.273.015174.840.1%
China14.95.125.669.266.8%
Cyprus28.425.97.955.925.3%
United Kingdom26.517.726.354.226.9%
Spain5.55.22.930.476.8%
Israel68.0121129N/A37.7%
Saudi ArabiaN/A3.70.9N/A-75.7%
Others75279566457.1-57.7%
Total1,3482,2402,1092,07515.5%

Top Suppliers of Milking Machines and Dairy Machinery to Jordan in 2022:

  1. Germany (185.0 units)
  2. Turkey (49.0 units)
  3. Netherlands (15.0 units)
  4. Italy (14.0 units)
  5. Denmark (13.0 units)
  6. Poland (13.0 units)
  7. Sweden (12.0 units)
  8. China (11.0 units)
  9. Spain (11.0 units)
  10. Cyprus (9.0 units)
  11. United Kingdom (8.0 units)

Exports of Milking Machines and Dairy Machinery in Jordan

For the fourth year in a row, Jordan recorded growth in shipments abroad of milking machines and dairy machineries, which increased by 699% to 615 units in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, milking machines and dairy machinery exports soared to $2M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 653%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Milking Machines and Dairy Machinery in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones10.482.01871,014360.3%
United Arab Emirates0.913.163.8949917.8%
Netherlands0.9N/AN/AN/A0%
Others5.035.194.6N/A335.0%
Total17.31303451,963384.1%

Top Export Markets for Milking Machines and Dairy Machinery from Jordan in 2022:

  1. United Arab Emirates (463.0 units)
  2. Free Zones (152.0 units)

Source: IndexBox Market Intelligence Platform

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