Jordan: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Jordan

The Jordanian lathe for removing metal market dropped to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Lathes For Removing Metal in Jordan

In value terms, lathe for removing metal production contracted slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Lathes For Removing Metal

Exports from Jordan

In 2022, lathe for removing metal exports from Jordan dropped dramatically to X units, shrinking by X% on the previous year's figure. In general, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, lathe for removing metal exports fell significantly to $X in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the lafor removing metal exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X units), the United States (X units) and Saudi Arabia (X units) were the main destinations of lathe for removing metal exports from Jordan, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Free Zones ($X) remains the key foreign market for lathes for removing metal exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Free Zones stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Qatar (X% per year).

Export Prices by Country

In 2022, the average lathe for removing metal export price amounted to $X per unit, falling by X% against the previous year. In general, the export price, however, enjoyed noticeable growth. The growth pace was the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then declined sharply in the following year.

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

Imports of Lathes For Removing Metal

Imports into Jordan

In 2022, lathe for removing metal imports into Jordan skyrocketed to X units, growing by X% against the previous year's figure. Overall, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, lathe for removing metal imports soared to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest lathe for removing metal supplier to Jordan, accounting for a X% share of total imports. Moreover, lathe for removing metal imports from China exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), twofold. The third position in this ranking was taken by Spain (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Spain (X% per year).

In value terms, the largest lathe for removing metal suppliers to Jordan were China ($X), Taiwan (Chinese) ($X) and Japan ($X), together accounting for X% of total imports. Italy, South Korea, Spain, Germany, Bulgaria, the United States, Turkey and Slovenia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average lathe for removing metal import price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a 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 Taiwan (Chinese) ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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