Seals; Mechanical Price in Jordan - 2022

Contents:

1. Seals; Mechanical Price in Jordan (CIF) - 2022
2. Seals; Mechanical Price in Jordan (FOB) - 2022
3. Seals; Mechanical Imports in Jordan
4. Seals; Mechanical Exports in Jordan

Seals; Mechanical Price in Jordan (CIF) - 2022

The average seals; mechanical import price stood at $139 per unit in 2022, with an increase of 16% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2020 an increase of 218%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($157 per unit) and Sweden ($155 per unit), while the price for China ($120 per unit) and the Netherlands ($124 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Jordan (FOB) - 2022

The average seals; mechanical export price stood at $181 per unit in 2022, with an increase of 6.6% against the previous year. Over the period under review, the export price saw significant growth. The most prominent rate of growth was recorded in 2017 an increase of 18,114%. As a result, the export price attained the peak level of $323 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($181 per unit), while the average price for exports to the United Arab Emirates totaled $181 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.

Seals; Mechanical Imports in Jordan

In 2022, the amount of seals; mechanicals imported into Jordan rose remarkably to 41K units, increasing by 12% on 2021 figures. Over the period under review, imports, however, faced a significant decline. Imports peaked at 93K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, seals; mechanical imports soared to $5.6M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 44%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Seals; Mechanical to Jordan in 2022:

1. United States (15.0K units)
2. Germany (8.9K units)
3. China (3.2K units)
4. Czech Republic (2.5K units)
5. Canada (1.6K units)
6. Italy (1.2K units)
7. Taiwan (Chinese) (1.2K units)
8. India (1.2K units)
9. Mexico (1.0K units)
10. Japan (1.0K units)
11. Netherlands (0.7K units)
12. Sweden (0.7K units)
13. South Korea (0.5K units)

Seals; Mechanical Exports in Jordan

In 2022, exports of seals; mechanicals from Jordan fell sharply to 760 units, with a decrease of -38.7% on the previous year. In general, exports showed a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. The exports peaked at 10K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, seals; mechanical exports declined significantly to $138K in 2022. Overall, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 205% against the previous year. The exports peaked at $395K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Seals; Mechanical from Jordan in 2022:

1. United Arab Emirates (397.0 units)
2. Free Zones (352.0 units)

Source: IndexBox Market Intelligence Platform