Jordan: Non-Household Fan Market 2024

Non-Household Fan Market Size in Jordan

For the eleventh consecutive year, the Jordanian non-household fan market recorded growth in sales value, which increased by 2.3% to $X in 2022. In general, consumption, however, continues to indicate a significant expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Non-Household Fan Production in Jordan

In value terms, non-household fan production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 52%. Non-household fan production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Household Fan Exports

Exports from Jordan

In 2022, approx. X units of non-household ventilation fans were exported from Jordan; declining by -49.2% compared with the previous year's figure. In general, exports showed a significant contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 175%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-household fan exports declined notably to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 318% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Free Zones (X units), Egypt (X units) and the United States (X units) were the main destinations of non-household fan exports from Jordan, together comprising 81% of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +17.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) emerged as the key foreign market for non-household ventilation fans exports from Jordan, comprising 36% of total exports. The second position in the ranking was held by Free Zones ($X), with a 16% share of total exports. It was followed by the United States, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt totaled +51.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (-1.2% per year) and the United States (+39.1% per year).

Export Prices by Country

The average non-household fan export price stood at $X per unit in 2022, picking up by 21% against the previous year. Over the period under review, the export price saw a significant increase. The growth pace was the most rapid in 2018 an increase of 130% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($X per unit), while the average price for exports to Free Zones ($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 Lebanon (+35.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Household Fan Imports

Imports into Jordan

In 2022, the amount of non-household ventilation fans imported into Jordan dropped dramatically to X units, with a decrease of -60.6% against 2021 figures. Overall, imports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 43% against the previous year. Imports peaked at X units in 2021, and then contracted notably in the following year.

In value terms, non-household fan imports contracted remarkably to $X in 2022. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2013 with an increase of 24%. Over the period under review, imports reached the peak figure at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest non-household fan supplier to Jordan, accounting for a 40% share of total imports. Moreover, non-household fan imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was taken by China (X units), with an 18% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.7% per year) and China (-4.0% per year).

In value terms, Germany ($X) constituted the largest supplier of non-household ventilation fans to Jordan, comprising 41% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports. It was followed by China, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.1% per year) and China (-6.3% per year).

Import Prices by Country

In 2022, the average non-household fan import price amounted to $X per unit, which is down by -3% against the previous year. In general, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19%. As a result, import price reached the peak level of $X per unit. From 2018 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 highest price was recorded for prices from the United Arab Emirates ($X per unit) and Turkey ($X per unit), while the price for the United States ($X per unit) and China ($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 United Arab Emirates (-2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform