Jordan: Machinery Electrical Parts Market 2025

Machinery Electrical Parts Market Size in Jordan

The Jordanian machinery electrical parts market contracted slightly to $X in 2022, reducing by -1.9% against the previous year. Overall, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.0% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Machinery Electrical Parts Production in Jordan

In value terms, machinery electrical parts production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 51% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Machinery Electrical Parts Exports

Exports from Jordan

After five years of growth, overseas shipments of electrical parts of machinery or apparatus decreased by -43.7% to X tons in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 1,384%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, machinery electrical parts exports shrank notably to $X in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 579%. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for machinery electrical parts exports from Jordan, accounting for a 87% share of total exports. Moreover, machinery electrical parts exports to Saudi Arabia exceeded the volume sent to the second major destination, Israel (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at +48.1%.

In value terms, Israel ($X) remains the key foreign market for electrical parts of machinery or apparatus exports from Jordan, comprising 67% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Israel stood at +31.5%.

Export Prices by Country

In 2022, the average machinery electrical parts export price amounted to $X per ton, picking up by 1.9% against the previous year. Over the period under review, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 316% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+455.8%), while the prices for the other major destinations experienced a decline.

Machinery Electrical Parts Imports

Imports into Jordan

After five years of growth, purchases abroad of electrical parts of machinery or apparatus decreased by -32.1% to X tons in 2022. In general, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2017 with an increase of 656% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced notably in the following year.

In value terms, machinery electrical parts imports declined rapidly to $X in 2022. Overall, imports, however, continue to indicate pronounced growth. The pace of growth was the most pronounced in 2017 when imports increased by 501% against the previous year. Imports peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

South Korea (X kg), Austria (X kg) and Egypt (X kg) were the main suppliers of machinery electrical parts imports to Jordan, together accounting for 39% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +72.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of electrical parts of machinery or apparatus to Jordan, comprising 22% of total imports. The second position in the ranking was taken by Spain ($X), with a 6.3% share of total imports. It was followed by China, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria stood at +83.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+16.9% per year) and China (+4.7% per year).

Import Prices by Country

The average machinery electrical parts import price stood at $X per ton in 2022, with an increase of 7.5% against the previous year. Overall, the import price, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 75%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform