Jordan: Loudspeaker Market 2025

Loudspeaker Market Size in Jordan

In 2022, the Jordanian loudspeaker market decreased by -11.1% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Loudspeaker consumption peaked at $X in 2021, and then dropped in the following year.

Loudspeaker Exports

Exports from Jordan

After three years of decline, shipments abroad of loudspeakers increased by 843% to X units in 2022. Overall, exports, however, showed a noticeable curtailment. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, loudspeaker exports soared to $X in 2022. In general, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2016 with an increase of 129% 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

Free Zones (X units) was the main destination for loudspeaker exports from Jordan, with a 100% share of total exports. It was followed by Iraq (X units), with a 0.2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Free Zones totaled +2.2%.

In value terms, Free Zones ($X) remains the key foreign market for loudspeakers exports from Jordan, comprising 100% of total exports. The second position in the ranking was taken by Iraq ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones totaled -1.2%.

Export Prices by Country

The average loudspeaker export price stood at $X per unit in 2022, which is down by -76.5% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by 142%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per unit), while the average price for exports to Free Zones amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (-2.6%), while the prices for the other major destinations experienced a decline.

Loudspeaker Imports

Imports into Jordan

In 2022, loudspeaker imports into Jordan expanded to X units, increasing by 3.5% compared with the year before. Overall, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.5% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, loudspeaker imports amounted to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 50%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of loudspeaker to Jordan, accounting for a 68% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. India (X units) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+28.3% per year) and India (+3.0% per year).

In value terms, China ($X) constituted the largest supplier of loudspeakers to Jordan, comprising 83% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 3% share of total imports. It was followed by Germany, with a 2.7% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+14.6% per year) and Germany (+1.3% per year).

Import Prices by Country

The average loudspeaker import price stood at $X per unit in 2022, falling by -3.1% against the previous year. Overall, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform