Jordan: Motorcycle And Scooter Market 2024

Motorcycle And Scooter Market Size in Jordan

After two years of growth, the Jordanian motorcycle and scooter market decreased by X% to $X in 2022. Overall, the total consumption indicated temperate growth 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, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2021, and then declined in the following year.

Motorcycle And Scooter Exports

Exports from Jordan

Motorcycle and scooter exports from Jordan dropped dramatically to X units in 2022, declining by X% compared with 2021. Over the period under review, exports, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then declined dramatically in the following year.

In value terms, motorcycle and scooter exports contracted remarkably to $X in 2022. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X units) was the main destination for motorcycle and scooter exports from Jordan, with a X% share of total exports. Moreover, motorcycle and scooter exports to Free Zones exceeded the volume sent to the second major destination, Austria (X units), more than tenfold. The third position in this ranking was held by Saudi Arabia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Free Zones stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Saudi Arabia (X% per year).

In value terms, the largest markets for motorcycle and scooter exported from Jordan were Free Zones ($X), Austria ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

Among the main countries of destination, Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average motorcycle and scooter export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

Motorcycle And Scooter Imports

Imports into Jordan

In 2022, after two years of growth, there was significant decline in overseas purchases of motorcycles and scooters, when their volume decreased by X% to X units. Overall, imports, however, enjoyed a buoyant increase. 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 reached the peak figure at X units in 2021, and then dropped in the following year.

In value terms, motorcycle and scooter imports fell to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) constituted the largest supplier of motorcycle and scooter to Jordan, with a X% share of total imports. Moreover, motorcycle and scooter imports from India exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. 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 totaled 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 ($X) constituted the largest supplier of motorcycles and scooters to Jordan, comprising X% of total imports. The second position in the ranking was held by Japan ($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 amounted to 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

In 2022, the average motorcycle and scooter import price amounted to $X per unit, stabilizing at the previous year. Overall, the import price, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained 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 ($X per unit), while the price for Egypt ($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