Jordan: Self-Propelled Boring Machinery Market 2025

Self-Propelled Boring Machinery Market Size in Jordan

The Jordanian self-propelled boring machinery market declined significantly to $X in 2022, with a decrease of -30.1% against the previous year. Over the period under review, consumption, however, showed a mild increase. Over the period under review, the market hit record highs at $X in 2021, and then fell markedly in the following year.

Self-Propelled Boring Machinery Production in Jordan

In value terms, self-propelled boring machinery production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 97% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Self-Propelled Boring Machinery Exports

Exports from Jordan

In 2022, self-propelled boring machinery exports from Jordan contracted dramatically to X units, waning by -25% compared with the previous year's figure. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 950%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, self-propelled boring machinery exports shrank markedly to $X in 2022. Overall, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 932% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units), Turkey (X units) and Free Zones (X units) were the main destinations of self-propelled boring machinery 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 Turkey (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X) emerged as the key foreign market for self-propelled boring or sinking machinery exports from Jordan, comprising 74% of total exports. The second position in the ranking was taken by Free Zones ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to -8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (-23.9% per year) and Saudi Arabia (-20.6% per year).

Export Prices by Country

In 2022, the average self-propelled boring machinery export price amounted to $X per unit, which is down by -64% against the previous year. In general, the export price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 311%. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Saudi Arabia ($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 Greece (+70.4%), while the prices for the other major destinations experienced mixed trend patterns.

Self-Propelled Boring Machinery Imports

Imports into Jordan

In 2022, the amount of self-propelled boring or sinking machinery imported into Jordan contracted remarkably to X units, which is down by -69.2% against 2021 figures. Overall, imports saw a drastic downturn. The pace of growth was the most pronounced in 2013 when imports increased by 386% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, self-propelled boring machinery imports dropped notably to $X in 2022. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 906% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), Germany (X units) and Turkey (X units) were the main suppliers of self-propelled boring machinery imports to Jordan, together comprising 75% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Turkey ($X) were the largest self-propelled boring machinery suppliers to Jordan, with a combined 93% share of total imports. These countries were followed by China, which accounted for a further 7.5%.

Among the main suppliers, China, with a CAGR of -9.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average self-propelled boring machinery import price amounted to $X per unit, with a decrease of -69.2% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2021 an increase of 132% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+43.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform