Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan - 2022
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan (CIF) - 2022
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan (FOB) - 2022
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan (CIF) - 2022
The average import price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $63 per unit in 2022, picking up by 15% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2020 an increase of 165%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($63 per unit) and South Korea ($63 per unit), while the price for Romania ($63 per unit) and Lebanon ($63 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan (FOB) - 2022
The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $49 per unit in 2022, with a decrease of -6.2% against the previous year. Overall, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2020 when the average export price increased by 307%. As a result, the export price attained the peak level of $68 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($54 per unit), while the average price for exports to Syrian Arab Republic ($27 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 Palestine (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan
For the third consecutive year, Jordan recorded decline in supplies from abroad of refrigerating or freezing equipment; parts thereof, other than furniture, which decreased by -47.1% to 123K units in 2022. In general, imports recorded a sharp decline. The smallest decline of -42.1% was in 2021. Over the period under review, imports of reached the peak figure at 734K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture shrank dramatically to $7.8M in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 11.2 | 8.9 | 3.9 | -20.6% |
| Italy | 0.8 | 0.7 | 1.3 | 1.3 | 17.6% |
| Turkey | 0.5 | 0.9 | 0.8 | 1.1 | 30.1% |
| Romania | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Lebanon | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Spain | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | 0.9 | 1.9 | 1.6 | 0.7 | -8.0% |
| Total | 10.2 | 14.8 | 12.8 | 7.8 | -8.6% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Jordan in 2022:
- China (62.3K units)
- Italy (21.1K units)
- Turkey (18.2K units)
- Romania (4.7K units)
- Spain (3.7K units)
- Lebanon (3.3K units)
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan
In 2022, overseas shipments of refrigerating or freezing equipment; parts thereof, other than furniture decreased by -53.3% to 18K units, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 880% against the previous year. As a result, the exports reached the peak of 81K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture reduced rapidly to $886K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,887% against the previous year. As a result, the exports reached the peak of $5.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 3,239 | 1,524 | 677 | -54.3% |
| Syrian Arab Republic | 79.7 | N/A | N/A | 91.7 | 4.8% |
| Free Zones | 31.1 | 25.3 | N/A | 38.9 | 7.7% |
| Bahrain | N/A | N/A | N/A | 24.6 | 0% |
| Saudi Arabia | 1.4 | N/A | N/A | 20.3 | 143.8% |
| Palestine | N/A | N/A | N/A | 15.9 | 0% |
| Oman | N/A | 1,963 | 457 | N/A | -76.7% |
| Others | 26.1 | 291 | 41.1 | 17.1 | -13.1% |
| Total | 138 | 5,518 | 2,023 | 886 | 85.9% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Jordan in 2022:
- United States (12.6K units)
- Syrian Arab Republic (3.3K units)
- Free Zones (0.7K units)
- Bahrain (0.5K units)
- Saudi Arabia (0.4K units)
- Palestine (0.3K units)
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