Pumps; Parts Thereof Price in Jordan - 2022

Contents:

1. Pumps; Parts Thereof Price in Jordan (CIF) - 2022
2. Pumps; Parts Thereof Price in Jordan (FOB) - 2022
3. Pumps; Parts Thereof Imports in Jordan
4. Pumps; Parts Thereof Exports in Jordan

Pumps; Parts Thereof Price in Jordan (CIF) - 2022

The average pumps; parts thereof import price stood at $35,070 per ton in 2022, picking up by 8.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2017 an increase of 28%. The import price peaked at $38,200 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($42,088 per ton) and the United Arab Emirates ($40,316 per ton), while the price for the UK ($33,852 per ton) and Germany ($34,354 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps; Parts Thereof Price in Jordan (FOB) - 2022

The average pumps; parts thereof export price stood at $60,226 per ton in 2022, surging by 4.8% against the previous year. Overall, the export price saw a moderate expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 81%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($69,242 per ton), while the average price for exports to Saudi Arabia ($50,401 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in Jordan

In 2022, the amount of pumps; parts thereoves imported into Jordan skyrocketed to 455 tons, rising by 95% on the year before. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pumps; parts thereof imports skyrocketed to $16M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Pumps; Parts Thereof to Jordan in 2022:

1. Japan (306.6 tons)
2. China (30.3 tons)
3. Germany (20.2 tons)
4. United States (17.4 tons)
5. Italy (17.4 tons)
6. United Kingdom (11.9 tons)
7. South Africa (8.6 tons)
8. United Arab Emirates (7.8 tons)
9. Turkey (3.2 tons)

Pumps; Parts Thereof Exports in Jordan

In 2022, the amount of pumps; parts thereoves exported from Jordan shrank remarkably to 4.4 tons, waning by -17.8% compared with the year before. Over the period under review, exports continue to indicate a significant contraction.

In value terms, pumps; parts thereof exports reduced to $265K in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year.

Top Export Markets for Pumps; Parts Thereof from Jordan in 2022:

1. Free Zones (2.4 tons)
2. Saudi Arabia (1.8 tons)
3. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform