Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Jordan - 2022

Contents:

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

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Jordan (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $98 per unit, declining by -9.9% against the previous year. Over the period under review, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of 214% against the previous year. Over the period under review, average import prices hit record highs at $404 per unit in 2017; however, from 2018 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 the United States ($199 per unit), while the price for Taiwan (Chinese) ($60 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Jordan (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $265 per unit in 2022, with an increase of 23% against the previous year. In general, the export price posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 147% against the previous year. Over the period under review, the average export prices hit record highs at $299 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($553 per unit), while the average price for exports to the Netherlands ($21 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 the Netherlands (+39.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Jordan

In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) imported into Jordan surged to 8.2K units, increasing by 27% compared with the year before. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 8.2K units; afterwards, it flattened through to 2022.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) expanded notably to $802K in 2022. Over the period under review, imports, however, showed a abrupt contraction. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China909943544618-12.1%
United States20.85.25.942.126.5%
Taiwan (Chinese)16.65.644.619.75.9%
Others11878.81091221.1%
Total1,0641,033704802-9.0%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Jordan in 2022:

  1. China (7.0K units)
  2. Taiwan (Chinese) (0.3K units)
  3. United States (0.2K units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Jordan

For the third year in a row, Jordan recorded decline in shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which decreased by -65.5% to 20 units in 2022. Overall, exports recorded a significant decline. The smallest decline of -25.6% was in 2021. The exports peaked at 173 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped rapidly to $5.3K in 2022. Over the period under review, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 11%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the peak figure at $12K in 2021, and then declined sharply in the following year.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones3.68.06.43.3-2.9%
Canada0.61.51.40.810.1%
South Africa0.20.50.60.644.2%
United Arab Emirates0.50.80.30.3-15.7%
Palestine0.20.50.40.314.5%
Yemen2.4N/AN/AN/A0%
KuwaitN/AN/A3.4N/A0%
NetherlandsN/AN/AN/AN/A0%
Others2.8N/AN/AN/A0%
Total10.211.312.55.3-19.6%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Jordan in 2022:

  1. Free Zones (9.0 units)
  2. Canada (6.0 units)
  3. United Arab Emirates (2.0 units)
  4. Netherlands (1.0 units)
  5. South Africa (1.0 units)
  6. Palestine (1.0 units)

Source: IndexBox Market Intelligence Platform

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