Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $12 per unit in 2022, declining by -40.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2017 when the average import price increased by 65% against the previous year. The import price peaked at $52 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Italy ($65 per unit), while the price for China ($6.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $902 per unit, waning by -25% against the previous year. Over the period under review, the export price recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 1,752%. As a result, the export price reached the peak level of $1,202 per unit, and then contracted sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($2,153 per unit), while the average price for exports to Egypt ($3 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 Iraq (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan

In 2022, approx. 46K units of tools; for working in the hand, pneumatic, other than rotary type were imported into Jordan; with an increase of 57% against the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 134%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type reduced to $538K in 2022. Overall, imports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of 61%. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at $614K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China283136334209-9.6%
United Arab Emirates17552.446.8143-6.5%
France26.231.042.942.817.8%
Taiwan (Chinese)18.014.413.325.011.6%
Saudi Arabia13.421.20.811.4-5.2%
Others99.31011371072.5%
Total614356574538-4.3%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Jordan in 2022:

  1. China (33.8K units)
  2. United Arab Emirates (6.7K units)
  3. Saudi Arabia (1.8K units)
  4. Taiwan (Chinese) (1.7K units)
  5. France (0.6K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan

In 2022, exports of tools; for working in the hand, pneumatic, other than rotary type from Jordan shrank notably to 8 units, waning by -66.7% on 2021. In general, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 200% against the previous year. The exports peaked at 41 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type fell sharply to $7.2K in 2022. Over the period under review, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 5,457%. The exports peaked at $37K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq10.90.210.62.2-41.3%
Free Zones6.10.17.91.9-32.2%
Germany8.40.18.61.8-40.2%
Saudi Arabia7.30.10.40.8-52.1%
United Arab Emirates0.4N/A0.90.57.7%
Palestine0.7N/A0.2N/A-46.5%
Qatar0.2N/A0.2N/A0.0%
EgyptN/AN/AN/AN/A0%
Others3.4N/AN/AN/A0%
Total37.40.528.87.2-42.3%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Jordan in 2022:

  1. Saudi Arabia (1.0 units)
  2. Egypt (1.0 units)
  3. United Arab Emirates (1.0 units)
  4. Qatar (1.0 units)
  5. Germany (1.0 units)
  6. Palestine (1.0 units)
  7. Iraq (1.0 units)
  8. Free Zones (1.0 units)

Source: IndexBox Market Intelligence Platform

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