Jordan: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Jordan

The Jordanian billiard accessoires market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption recorded buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Billiard Accessoires Exports

Exports from Jordan

In 2022, overseas shipments of articles and accessories for billiards were finally on the rise to reach X kg after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 413% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, billiard accessoires exports stood at $X in 2022. Overall, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 503% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Free Zones (X kg) was the main destination for billiard accessoires exports from Jordan, with a 81% share of total exports. Moreover, billiard accessoires exports to Free Zones exceeded the volume sent to the second major destination, the United States (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Free Zones totaled -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-8.6% per year) and Palestine (-45.7% per year).

In value terms, the United States ($X) remains the key foreign market for articles and accessories for billiards exports from Jordan, comprising 80% of total exports. The second position in the ranking was held by Palestine ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (-70.0% per year) and Free Zones (-29.1% per year).

Export Prices by Country

The average billiard accessoires export price stood at $X per ton in 2022, falling by -3.2% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, billiard accessoires export price increased by +119.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 45% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Free Zones ($X per ton) 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 (-1.8%), while the prices for the other major destinations experienced a decline.

Billiard Accessoires Imports

Imports into Jordan

In 2022, after three years of decline, there was significant growth in overseas purchases of articles and accessories for billiards, when their volume increased by 1,364% to X tons. Over the period under review, imports saw a moderate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, billiard accessoires imports soared to $X in 2022. In general, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of billiard accessoires to Jordan, with a 66% share of total imports. Moreover, billiard accessoires imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+42.2% per year) and Hungary (0.0% per year).

In value terms, the largest billiard accessoires suppliers to Jordan were the United States ($X), Hungary ($X) and China ($X), with a combined 98% share of total imports.

The United States, with a CAGR of +34.9%, saw 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

In 2022, the average billiard accessoires import price amounted to $X per ton, waning by -39.5% against the previous year. Over the period under review, the import price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 125% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced sharply in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform