Jordan: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Jordan

The Jordanian wooden office furniture market reached $X in 2022, growing by X% against the previous year. In general, the total consumption indicated perceptible growth 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Wooden Office Furniture Production in Jordan

In value terms, wooden office furniture production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a notable increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Wooden Office Furniture Exports

Exports from Jordan

In 2022, shipments abroad of wooden furniture of a kind used in offices increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, exports posted a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, wooden office furniture exports skyrocketed to $X in 2022. Over the period under review, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for wooden office furniture exports from Jordan, accounting for a X% share of total exports. Moreover, wooden office furniture exports to Saudi Arabia exceeded the volume sent to the second major destination, Iraq (X units), twofold. The third position in this ranking was held by Kuwait (X units), with an X% share.

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

In value terms, Saudi Arabia ($X) remains the key foreign market for wooden furniture of a kind used in offices exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Iraq ($X), with a X% share of total exports. It was followed by Kuwait, with an X% share.

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

Export Prices by Country

The average wooden office furniture 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 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Free Zones ($X per unit) and Kuwait ($X per unit), while the average price for exports to Qatar ($X per unit) and Morocco ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports into Jordan

In 2022, wooden office furniture imports into Jordan shrank significantly to X units, dropping by X% compared with the previous year. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, wooden office furniture imports shrank modestly to $X in 2022. Overall, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), Free Zones (X units) and Turkey (X units) were the main suppliers of wooden office furniture imports to Jordan, together comprising X% of total imports.

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

In value terms, the largest wooden office furniture suppliers to Jordan were Italy ($X), Free Zones ($X) and Turkey ($X), together accounting for X% of total imports.

In terms of the main suppliers, Free Zones, with a CAGR of X%, recorded 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 wooden office furniture import price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price showed a resilient increase. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($X per unit) and Portugal ($X per unit), while the price for Spain ($X per unit) and Italy ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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