Jordan: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Jordan

The Jordanian market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA totaled $X in 2022, leveling off at the previous year. In general, consumption, however, continues to indicate a pronounced slump. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Over X kVA but Under X kVA in Jordan

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA soared to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt curtailment. The growth pace was the most rapid in 2019 with an increase of 106%. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Jordan

In 2022, shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by -14.3% to X units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 190%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA skyrocketed to $X in 2022. Overall, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 1,117%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Palestine (X units), Saudi Arabia (X units) and Egypt (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Jordan, with a combined 67% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in Palestine exceeded the figures recorded by the second-largest exporter, Saudi Arabia, twofold.

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of +7.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Free Zones ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Jordan, comprising 76% of total exports. The second position in the ranking was taken by Palestine ($X), with a 21% share of total exports. It was followed by Saudi Arabia, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones stood at -42.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+4.8% per year) and Saudi Arabia (-17.1% per year).

Export Prices by Country

In 2022, the average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, increasing by 39% against the previous year. Overall, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 320%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($X per unit), while the average price for exports to Egypt ($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 (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Jordan

In 2022, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA into Jordan dropped remarkably to X units, reducing by -28.9% compared with the previous year. Over the period under review, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2015 when imports increased by 96%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA contracted sharply to $X in 2022. Overall, imports, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 124% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier to Jordan, with a 43% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from China exceeded the figures recorded by the second-largest supplier, India (X units), twofold. South Korea (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +24.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+25.2% per year) and South Korea (+53.3% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Jordan, comprising 44% of total imports. The second position in the ranking was taken by India ($X), with an 18% share of total imports. It was followed by South Korea, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+22.1% per year) and South Korea (+7.8% per year).

Import Prices by Country

In 2022, the average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, flattening at the previous year. Overall, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2014 an increase of 16% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and the Netherlands ($X per unit), while the price for Turkey ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform