Jordan: Market for Motorcycles, Scooters and Side-Cars 2024

Market Size for Motorcycles, Scooters and Side-Cars in Jordan

The Jordanian motorcycle, scooter and side-car market was estimated at $X in 2022, growing by X% against the previous year. Over the period under review, consumption showed prominent growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Motorcycles, Scooters and Side-Cars in Jordan

In value terms, motorcycle, scooter and side-car production totaled $X in 2022 estimated in export price. In general, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Motorcycles, Scooters and Side-Cars

Exports from Jordan

In 2022, exports of motorcycles, scooters and side-cars from Jordan surged to X units, increasing by X% on 2021. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, motorcycle, scooter and side-car exports expanded markedly to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs 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 motorcycle, scooter and side-car exports from Jordan, with a X% share of total exports. Moreover, motorcycle, scooter and side-car exports to Free Zones exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold.

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

In value terms, Free Zones ($X) remains the key foreign market for motorcycles, scooters and side-cars exports from Jordan, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iraq (X% per year).

Export Prices by Country

The average motorcycle, scooter and side-car export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Free Zones ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Imports of Motorcycles, Scooters and Side-Cars

Imports into Jordan

For the third year in a row, Jordan recorded growth in purchases abroad of motorcycles, scooters and side-cars, which increased by X% to X units in 2022. Over the period under review, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, motorcycle, scooter and side-car imports reduced to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X units) constituted the largest motorcycle, scooter and side-car supplier to Jordan, with a X% share of total imports. Moreover, motorcycle, scooter and side-car imports from India exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Japan (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 India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

In value terms, India ($X) constituted the largest supplier of motorcycles, scooters and side-cars to Jordan, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

The average motorcycle, scooter and side-car import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform