Jordan: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in Jordan

For the third consecutive year, the Jordanian electric soldering iron market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption, however, saw a remarkable increase. Electric soldering iron consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Electric Soldering Iron Production in Jordan

In value terms, electric soldering iron production contracted notably to $X in 2022 estimated in export price. In general, production, however, showed a significant expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by X,800% 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.

Electric Soldering Iron Exports

Exports from Jordan

In 2022, shipments abroad of electric soldering irons and guns decreased by X% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports faced a significant curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electric soldering iron exports declined modestly to $X in 2022. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X units) was the main destination for electric soldering iron exports from Jordan, with a X% share of total exports. Moreover, electric soldering iron exports to Egypt exceeded the volume sent to the second major destination, Free Zones (X units), threefold. The third position in this ranking was taken by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest markets for electric soldering iron exported from Jordan were Egypt ($X), Free Zones ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

In terms of the main countries of destination, Egypt, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average electric soldering iron export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($X per unit), while the average price for exports to Palestine ($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 more modest paces of growth.

Electric Soldering Iron Imports

Imports into Jordan

In 2022, the amount of electric soldering irons and guns imported into Jordan declined to X units, which is down by X% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, electric soldering iron imports surged to $X in 2022. Over the period under review, imports, however, posted modest growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main electric soldering iron supplier to Jordan, with a X% share of total imports. Moreover, electric soldering iron imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold. The Netherlands (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: Taiwan (Chinese) (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of electric soldering irons and guns to Jordan, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average electric soldering iron import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price recorded a mild expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 Germany ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform