Jordan: Bulldozer Market 2024

Bulldozer Market Size in Jordan

In 2022, the Jordanian bulldozer market decreased by X% to $X, falling for the sixth consecutive year after five years of growth. In general, consumption showed a deep contraction. Bulldozer consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Bulldozer Exports

Exports from Jordan

In 2022, the amount of bulldozers and angle dozers exported from Jordan fell to X units, which is down by X% compared with 2021. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bulldozer exports totaled $X in 2022. Overall, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X units) was the main destination for bulldozer exports from Jordan, accounting for a X% share of total exports. Moreover, bulldozer exports to Free Zones exceeded the volume sent to the second major destination, Egypt (X units), twofold. The third position in this ranking was taken by Sudan (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Free Zones totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and Sudan (X% per year).

In value terms, Free Zones ($X) remains the key foreign market for bulldozers and angle dozers exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Egypt (X% per year).

Export Prices by Country

The average bulldozer export price stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to the United Arab Emirates ($X 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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bulldozer Imports

Imports into Jordan

For the fourth year in a row, Jordan recorded decline in purchases abroad of bulldozers and angle dozers, which decreased by X% to X units in 2022. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, bulldozer imports reduced dramatically to $X in 2022. Overall, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), India (X units) and Brazil (X units) were the main suppliers of bulldozer imports to Jordan, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and China ($X) constituted the largest bulldozer suppliers to Jordan, together accounting for X% of total imports. Japan, Germany, India, Sweden, South Korea, Brazil, Belgium, Canada and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bulldozer import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained 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 ($X,211 per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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