Jordan: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Jordan

The Jordanian plastic shutters and blinds market dropped to $X in 2022, approximately reflecting the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 -2.5% against 2019 indices. Plastic shutters and blinds consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Plastic Shutters And Blinds in Jordan

In value terms, plastic shutters and blinds production shrank to $X in 2022 estimated in export price. Over the period under review, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% 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 -0.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 48%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Shutters And Blinds

Exports from Jordan

In 2022, overseas shipments of plastic shutters and blinds were finally on the rise to reach X units after nine years of decline. Over the period under review, exports, however, recorded a abrupt decrease. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic shutters and blinds exports soared to $X in 2022. In general, exports, however, showed a dramatic descent. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Israel (X units) was the main destination for plastic shutters and blinds exports from Jordan, with a 52% share of total exports. Moreover, plastic shutters and blinds exports to Israel exceeded the volume sent to the second major destination, Saudi Arabia (X units), fourfold. Qatar (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Israel amounted to -16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-5.4% per year) and Qatar (-16.3% per year).

In value terms, Israel ($X) remains the key foreign market for plastic shutters and blinds exports from Jordan, comprising 79% of total exports. The second position in the ranking was held by Qatar ($X), with a 7.2% share of total exports. It was followed by Saudi Arabia, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Israel amounted to -21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-23.9% per year) and Saudi Arabia (-4.1% per year).

Export Prices by Country

The average plastic shutters and blinds export price stood at $X per unit in 2022, growing by 4.9% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2015 an increase of 7.2% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to Kuwait ($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 Saudi Arabia (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Shutters And Blinds

Imports into Jordan

In 2022, plastic shutters and blinds imports into Jordan declined notably to X units, which is down by -31.6% against 2021 figures. Over the period under review, imports faced a sharp setback. The pace of growth appeared the most rapid in 2018 with an increase of 52%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, plastic shutters and blinds imports reduced to $X in 2022. Overall, imports faced a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 48%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), Iraq (X units) and Taiwan (Chinese) (X units) were the main suppliers of plastic shutters and blinds imports to Jordan, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +16.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X), Iraq ($X) and Taiwan (Chinese) ($X) constituted the largest plastic shutters and blinds suppliers to Jordan, with a combined 94% share of total imports.

Turkey, with a CAGR of +20.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average plastic shutters and blinds import price amounted to $X per unit, rising by 28% against the previous year. In general, the import price saw a noticeable expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 178%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform