Jordan - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic or Non-Precious Metal Watch in Jordan - 2022
Contents:
- Price for Plastic or Non-Precious Metal Watch in Jordan (CIF) - 2022
- Price for Plastic or Non-Precious Metal Watch in Jordan (FOB) - 2022
- Imports of Plastic or Non-Precious Metal Watch in Jordan
- Exports of Plastic or Non-Precious Metal Watch in Jordan
Price for Plastic or Non-Precious Metal Watch in Jordan (CIF) - 2022
The average import price for plastic or non-precious metal watches stood at $55 per unit in 2022, approximately reflecting the previous year. Over the period under review, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32% against the previous year. The import price peaked at $81 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Hong Kong SAR ($1,021 per unit), while the price for China ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+30.9%), while the prices for the other major suppliers experienced a decline.
Price for Plastic or Non-Precious Metal Watch in Jordan (FOB) - 2022
The average export price for plastic or non-precious metal watches stood at $4,579 per unit in December 2022, rising by 16% against the previous month. Overall, the export price, however, recorded a mild descent. The pace of growth appeared the most rapid in May 2022 when the average export price increased by 102% m-o-m. As a result, the export price reached the peak level of $8,501 per unit; afterwards, it flattened through to December 2022.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($6,428 per unit), while the average price for exports to Free Zones amounted to $3,757 per unit.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Plastic or Non-Precious Metal Watch in Jordan
In 2022, approx. 314K units of plastic or non-precious metal watches were imported into Jordan; picking up by 20% on 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 -9.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. As a result, imports attained the peak of 346K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, plastic or non-precious metal watch imports soared to $17M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Plastic or Non-Precious Metal Watch in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.8 | 5.2 | 4.6 | 9.5 | 50.3% |
| China | 3.1 | 4.0 | 4.3 | 6.5 | 28.0% |
| Hong Kong SAR | 2.2 | 2.0 | 2.3 | N/A | 2.2% |
| United Arab Emirates | 1.7 | 1.3 | 1.6 | N/A | -3.0% |
| Others | 0.9 | 1.9 | 1.4 | 1.1 | 6.9% |
| Total | 10.7 | 14.3 | 14.3 | 17.1 | 16.9% |
Top Suppliers of Plastic or Non-Precious Metal Watch to Jordan in 2022:
- United Arab Emirates (undefinedK units)
- Hong Kong SAR (undefinedK units)
- China (283.0K units)
- Switzerland (23.7K units)
Exports of Plastic or Non-Precious Metal Watch in Jordan
In 2022, overseas shipments of plastic or non-precious metal watches decreased by -76.1% to 12K units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 49%. As a result, the exports attained the peak of 53K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, plastic or non-precious metal watch exports fell sharply to $3.4M in 2022. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, the exports attained the peak of $8M, and then shrank markedly in the following year.
| Export of Plastic or Non-Precious Metal Watch in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 1.5 | 1.0 | 4.3 | 3.1 | 27.4% |
| United Arab Emirates | N/A | N/A | N/A | 0.1 | 0% |
| Hong Kong SAR | 4.1 | 4.4 | 3.0 | N/A | -14.5% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.4 | 0.6 | 0.2 | -12.6% |
| Total | 6.0 | 5.8 | 8.0 | 3.4 | -17.2% |
Top Export Markets for Plastic or Non-Precious Metal Watch from Jordan in 2022:
- Free Zones (2.7K units)
- Netherlands (0.5K units)
- United Arab Emirates (0.4K units)
- United States (0.2K units)
- Hong Kong SAR (0.1K units)
This report provides an in-depth analysis of the market for plastic or non-precious metal watch 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 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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