Jordan: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Jordan

After two years of growth, the Jordanian market for iron or steel gas domestic cooking appliances and plate warmers decreased by -14.5% to $X in 2022. In general, consumption, however, showed a notable increase. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Jordan

In value terms, production of iron or steel gas domestic cooking appliances and plate warmers stood at $X in 2022 estimated in export price. Overall, production saw a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 123% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Jordan

In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were exported from Jordan; declining by -56.9% compared with 2021. In general, exports saw a deep downturn. The growth pace was the most rapid in 2019 with an increase of 396% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers contracted remarkably to $X in 2022. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 344% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units), Qatar (X units) and Iraq (X units) were the main destinations of exports of iron or steel gas domestic cooking appliances and plate warmers from Jordan, with a combined 75% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +117.2%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Iraq ($X) and Qatar ($X) appeared to be the largest markets for iron or steel gas domestic cooking appliances and plate warmers exported from Jordan worldwide, together comprising 71% of total exports.

Among the main countries of destination, Qatar, with a CAGR of +108.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for iron or steel gas domestic cooking appliances and plate warmers amounted to $X per unit, shrinking by -1.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 68% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Iraq ($X per unit), while the average price for exports to Qatar ($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 Kuwait (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Jordan

After two years of growth, supplies from abroad of iron or steel gas domestic cooking appliances and plate warmers decreased by -28.4% to X units in 2022. Overall, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2014 with an increase of 21% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers reduced markedly to $X in 2022. Over the period under review, imports showed a mild slump. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Egypt (X units), Italy (X units) and Turkey (X units) were the main suppliers of imports of iron or steel gas domestic cooking appliances and plate warmers to Jordan, with a combined 97% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +4.7%), while imports for the other leaders experienced a decline.

In value terms, the largest iron or steel gas domestic cooking appliances and plate warmers suppliers to Jordan were Egypt ($X), Italy ($X) and Turkey ($X), with a combined 97% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +6.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, rising by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 when the average import price increased by 13%. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform