Jordan: Ride-On Compaction Equipment Market 2025

Ride-On Compaction Equipment Market Size in Jordan

The Jordanian ride-on compaction equipment market fell dramatically to $X in 2022, dropping by -40.6% against the previous year. Overall, consumption, however, enjoyed a significant increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Ride-On Compaction Equipment Production in Jordan

In value terms, ride-on compaction equipment production fell dramatically to $X in 2022 estimated in export price. In general, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 1,592% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Ride-On Compaction Equipment Exports

Exports from Jordan

In 2022, exports of ride-on compaction equipment from Jordan fell significantly to X units, declining by -68.1% on the previous year. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,280% against the previous year. As a result, the exports attained the peak of X units, and then fell notably in the following year.

In value terms, ride-on compaction equipment exports shrank markedly to $X in 2022. Over the period under review, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 2,191%. As a result, the exports attained the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Free Zones (X units), the United Arab Emirates (X units) and Saudi Arabia (X units) were the main destinations of ride-on compaction equipment exports from Jordan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Free Zones (with a CAGR of +5.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ride-on compaction equipment exported from Jordan were Free Zones ($X), the United Arab Emirates ($X) and Saudi Arabia ($X).

Among the main countries of destination, Saudi Arabia, with a CAGR of +7.6%, 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 ride-on compaction equipment export price stood at $X per unit in 2022, growing by 3.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 66%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Free Zones ($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 Saudi Arabia (+7.6%).

Ride-On Compaction Equipment Imports

Imports into Jordan

In 2022, imports of ride-on compaction equipment into Jordan declined to X units, dropping by -5.9% compared with the year before. Overall, imports continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2014 when imports increased by 178% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, ride-on compaction equipment imports reduced slightly to $X in 2022. In general, imports showed a noticeable downturn. The pace of growth was the most pronounced in 2014 with an increase of 197%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest ride-on compaction equipment supplier to Jordan, accounting for a 56% share of total imports. Moreover, ride-on compaction equipment imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by India (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.0% per year) and India (+10.4% per year).

In value terms, Germany ($X) constituted the largest supplier of ride-on compaction equipment to Jordan, comprising 58% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by India, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.9% per year) and India (+7.6% per year).

Import Prices by Country

The average ride-on compaction equipment import price stood at $X per unit in 2022, with an increase of 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2018 an increase of 11% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 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 Japan ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform