Jordan - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Jordan - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends And Insights

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Sewing Machine Needle Price in Jordan - 2022

Contents:

  1. Sewing Machine Needle Price in Jordan (CIF) - 2022
  2. Sewing Machine Needle Price in Jordan (FOB) - 2022
  3. Sewing Machine Needle Imports in Jordan
  4. Sewing Machine Needle Exports in Jordan

Sewing Machine Needle Price in Jordan (CIF) - 2022

The average sewing machine needle import price stood at $0.1 per unit in 2022, declining by -6.5% against the previous year. In general, the import price, however, showed a mild increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 68%. Over the period under review, average import prices reached the maximum at $0.1 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($0.1 per unit) and India ($0.1 per unit), while the price for China ($0.1 per unit) and Germany ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sewing Machine Needle Price in Jordan (FOB) - 2022

The average sewing machine needle export price stood at $0.2 per unit in 2022, leveling off at the previous year. In general, the export price enjoyed pronounced growth. The most prominent rate of growth was recorded in 2018 an increase of 465%. The export price peaked at $0.2 per unit in 2020; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.0% per year.

Sewing Machine Needle Imports in Jordan

In 2022, approx. 6.6M units of sewing machine needles were imported into Jordan; picking up by 8.7% against the previous year. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, sewing machine needle imports expanded modestly to $741K in 2022. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Sewing Machine Needle in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India17914123629117.6%
Czech Republic277153290261-2.0%
China19.840.713.375.856.4%
Germany72.426.979.666.7-2.7%
Vietnam1.67.016.618.8127.3%
Japan21.713.68.413.1-15.5%
Hong Kong SAR24.89.122.1N/A-5.6%
KuwaitN/AN/A0.4N/A0%
United Arab Emirates57.540.819.9N/A-41.2%
Others35.827.543.415.5-24.3%
Total6894607297412.5%

Top Suppliers of Sewing Machine Needle to Jordan in 2022:

  1. India (2595.7K units)
  2. Czech Republic (2327.0K units)
  3. China (676.9K units)
  4. Germany (595.4K units)
  5. Vietnam (167.6K units)
  6. Japan (117.0K units)

Sewing Machine Needle Exports in Jordan

In 2022, approx. 41K units of sewing machine needles were exported from Jordan; remaining stable against the year before. Overall, exports recorded a sharp slump. The smallest decline of -79.1% was in 2020. The exports peaked at 396K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, sewing machine needle exports totaled $6.5K in 2022. Over the period under review, exports saw a sharp descent. The smallest decline of -61.4% was in 2020. Over the period under review, the exports reached the peak figure at $34K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Sewing Machine Needle in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates33.29.4N/A6.5-41.9%
Kenya0.6N/AN/AN/A0%
GermanyN/A3.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total33.813.1N/A6.5-42.3%

Top Export Markets for Sewing Machine Needle from Jordan in 2022:

  1. United Arab Emirates (41.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sewing machine needle market in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28945230 - Sewing machine needles

Country coverage:

  • Jordan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Jordan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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