Jordan: Market for Solar Cells and Light-Emitting Diodes 2025

Market Size for Solar Cells and Light-Emitting Diodes in Jordan

The Jordanian market for solar cells and light-emitting diodes surged to $X in 2022, growing by 24% against the previous year. In general, consumption showed significant growth. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Production of Solar Cells and Light-Emitting Diodes in Jordan

In value terms, solar cells and light-emitting diodes production totaled less than $X in 2022 estimated in export price. Over the period under review, production faced a abrupt setback. The pace of growth appeared the most rapid in 2013 when the production volume decreased by -10.2% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Solar Cells and Light-Emitting Diodes

Exports from Jordan

In 2022, after three years of growth, there was decline in shipments abroad of solar cells and light-emitting diodes, when their volume decreased by -0.7% to X units. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 265% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then fell slightly in the following year.

In value terms, solar cells and light-emitting diodes exports rose slightly to $X in 2022. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 227%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Syrian Arab Republic (X units) was the main destination for solar cells and light-emitting diodes exports from Jordan, with a 87% share of total exports. Moreover, solar cells and light-emitting diodes exports to Syrian Arab Republic exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The United States (X units) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Syrian Arab Republic totaled +124.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+74.2% per year) and the United States (+76.3% per year).

In value terms, Syrian Arab Republic ($X) remains the key foreign market for solar cells and light-emitting diodes exports from Jordan, comprising 87% of total exports. The second position in the ranking was taken by the United States ($X), with a 5.7% share of total exports. It was followed by Free Zones, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Syrian Arab Republic stood at +102.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+61.9% per year) and Free Zones (+7.6% per year).

Export Prices by Country

In 2022, the average export price for solar cells and light-emitting diodes amounted to $X per unit, rising by 4.7% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 Free Zones ($X per unit), while the average price for exports to Germany ($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 the United States (-8.2%), while the prices for the other major destinations experienced a decline.

Imports of Solar Cells and Light-Emitting Diodes

Imports into Jordan

In 2022, approx. X units of solar cells and light-emitting diodes were imported into Jordan; reducing by -96.6% on the previous year's figure. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 712%. Over the period under review, imports reached the peak figure at X units in 2021, and then dropped sharply in the following year.

In value terms, solar cells and light-emitting diodes imports declined sharply to $X in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 552% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of solar cells and light-emitting diodes to Jordan, accounting for a 75% share of total imports. Moreover, solar cells and light-emitting diodes imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +32.7%.

In value terms, China ($X) constituted the largest supplier of solar cells and light-emitting diodes to Jordan, comprising 73% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +34.4%.

Import Prices by Country

The average import price for solar cells and light-emitting diodes stood at $X per unit in 2022, jumping by 2,089% against the previous year. Overall, the import price showed moderate growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.3%).

Source: IndexBox Platform