Jordan: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Jordan

The Jordanian non-electric bakery oven market stood at $X in 2022, standing approx. at the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.3% against 2020 indices. Non-electric bakery oven consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Bakery Oven Production in Jordan

In value terms, non-electric bakery oven production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 5.3%. Non-electric bakery oven production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Non-Electric Bakery Oven Exports

Exports from Jordan

Non-electric bakery oven exports from Jordan reduced remarkably to X units in 2022, with a decrease of -56% against 2021. In general, exports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2017 with an increase of 113,210% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-electric bakery oven exports declined significantly to $X in 2022. Over the period under review, exports, however, showed moderate growth. The pace of growth appeared the most rapid in 2013 when exports increased by 202% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X units) was the main destination for non-electric bakery oven exports from Jordan, accounting for a 45% share of total exports. Moreover, non-electric bakery oven exports to Free Zones exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. The third position in this ranking was held by Palestine (X units), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Free Zones amounted to -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-4.0% per year) and Palestine (0.0% per year).

In value terms, Free Zones ($X), Palestine ($X) and Saudi Arabia ($X) appeared to be the largest markets for non-electric bakery oven exported from Jordan worldwide, together accounting for 87% of total exports.

Among the main countries of destination, Palestine, with a CAGR of +6.9%, saw 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

In 2022, the average non-electric bakery oven export price amounted to $X per unit, picking up by 5.3% against the previous year. In general, the export price recorded temperate growth. The growth pace was the most rapid in 2018 when the average export price increased by 169,622% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Qatar ($X per unit) and Saudi Arabia ($X per unit), while the average price for exports to the United States ($X per unit) and Free Zones ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+5,757.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Bakery Oven Imports

Imports into Jordan

Non-electric bakery oven imports into Jordan declined to X units in 2022, waning by -6.8% on 2021. Over the period under review, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2018 when imports increased by 314% against the previous year. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric bakery oven imports reduced remarkably to $X in 2022. Overall, imports, however, continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2018 with an increase of 177%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest non-electric bakery oven supplier to Jordan, accounting for a 51% share of total imports. Moreover, non-electric bakery oven imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X units), fourfold. Turkey (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+5.2% per year) and Turkey (-8.4% per year).

In value terms, Italy ($X) constituted the largest supplier of non-electric bakery ovens to Jordan, comprising 52% of total imports. The second position in the ranking was held by Turkey ($X), with a 13% share of total imports. It was followed by Spain, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-8.0% per year) and Spain (+19.6% per year).

Import Prices by Country

The average non-electric bakery oven import price stood at $X per unit in 2022, waning by -19.9% against the previous year. Overall, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 103% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and Sweden ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+53.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform