Jordan: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2024

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Jordan

The Jordanian non-electronic hydro- and hygrometers market rose significantly to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a strong expansion. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Jordan

In 2022, shipments abroad of non-electronic hydro-, hygro-, psychrometers decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports showed a noticeable decline. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-electronic hydro- and hygrometers exports fell to $X in 2022. In general, exports, however, posted a tangible increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X units) was the main destination for non-electronic hydro- and hygrometers exports from Jordan, with a X% share of total exports. Moreover, non-electronic hydro- and hygrometers exports to Free Zones exceeded the volume sent to the second major destination, Sudan (X units), twofold. The third position in this ranking was taken by Iraq (X units), with a X% share.

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

In value terms, Free Zones ($X) remains the key foreign market for non-electronic hydro-, hygro-, psychrometers exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Sudan ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

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

Export Prices by Country

The average non-electronic hydro- and hygrometers export price stood at $X per unit in 2022, rising by X% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electronic hydro- and hygrometers export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($X per unit), while the average price for exports to Sudan ($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 Free Zones (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Jordan

Non-electronic hydro- and hygrometers imports into Jordan was estimated at X units in 2022, increasing by X% compared with 2021 figures. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, non-electronic hydro- and hygrometers imports expanded notably to $X in 2022. In general, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest non-electronic hydro- and hygrometers supplier to Jordan, accounting for a X% share of total imports. Moreover, non-electronic hydro- and hygrometers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. Switzerland (X units) ranked third in terms of total imports 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: the United States (X% per year) and Switzerland (X% per year).

In value terms, the largest non-electronic hydro- and hygrometers suppliers to Jordan were China ($X), the United States ($X) and Switzerland ($X), with a combined X% share of total imports. France, the Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average non-electronic hydro- and hygrometers import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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