Jordan: Milling Industry Machinery Market 2024

Milling Industry Machinery Market Size in Jordan

The Jordanian milling industry machinery market expanded markedly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Milling industry machinery consumption peaked in 2022 and is expected to retain growth in the immediate term.

Milling Industry Machinery Production in Jordan

In value terms, milling industry machinery production reached $X in 2022 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Milling Industry Machinery Exports

Exports from Jordan

After two years of decline, shipments abroad of milling industry machinery decreased by X% to X units in 2022. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, milling industry machinery exports fell rapidly to $X in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Qatar (X units), Saudi Arabia (X units) and Yemen (X units) were the main destinations of milling industry machinery exports from Jordan, with a combined X% share of total exports. Moreover, milling industry machinery exports in Qatar exceeded the figures recorded by the second-largest exporter, Saudi Arabia, twofold.

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

In value terms, Qatar ($X) remains the key foreign market for milling industry machinery exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Yemen ($X), with a X% share of total exports. It was followed by Saudi Arabia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average milling industry machinery export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a slight slump. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Sudan ($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 Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Milling Industry Machinery Imports

Imports into Jordan

Milling industry machinery imports into Jordan skyrocketed to X units in 2022, growing by X% compared with the year before. In general, imports, however, saw a abrupt shrinkage. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, milling industry machinery imports soared to $X in 2022. Over the period under review, imports, however, recorded a noticeable shrinkage. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of milling industry machinery to Jordan, with a X% share of total imports. Moreover, milling industry machinery imports from Turkey exceeded the figures recorded by the second-largest supplier, Estonia (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (X% per year) and Germany (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of milling industry machinery to Jordan, comprising X% of total imports. The second position in the ranking was taken by Estonia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average milling industry machinery import price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform