Jordan: Spark Plug Market 2025

Spark Plug Market Size in Jordan

The Jordanian spark plug market expanded remarkably to $X in 2022, with an increase of 10% against the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 -16.7% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Spark Plug Production in Jordan

In value terms, spark plug production soared to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 -13.2% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by 111% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Spark Plug Exports

Exports from Jordan

In 2022, approx. X units of sparking plugs were exported from Jordan; increasing by 83% compared with 2021 figures. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 14,769%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, spark plug exports soared to $X in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 6,315% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Free Zones (X units) was the main destination for spark plug exports from Jordan, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Free Zones stood at +51.7%.

In value terms, Free Zones ($X) also remains the key foreign market for sparking plugs exports from Jordan.

From 2013 to 2022, the average annual rate of growth in terms of value to Free Zones amounted to +51.4%.

Export Prices by Country

In 2022, the average spark plug export price amounted to $X per unit, with an increase of 6.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 987% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2013 to 2022, the rate of growth in terms of prices for Free Zones amounted to -0.1% per year.

Spark Plug Imports

Imports into Jordan

In 2022, imports of sparking plugs into Jordan declined notably to X units, with a decrease of -17.5% compared with the previous year's figure. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 53%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, spark plug imports expanded slightly to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 62%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X units) constituted the largest spark plug supplier to Jordan, accounting for a 45% share of total imports. Moreover, spark plug imports from Japan exceeded the figures recorded by the second-largest supplier, Russia (X units), twofold. Germany (X units) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+56.8% per year) and Germany (+18.0% per year).

In value terms, Japan ($X) constituted the largest supplier of sparking plugs to Jordan, comprising 45% of total imports. The second position in the ranking was taken by Russia ($X), with a 20% share of total imports. It was followed by Germany, with an 18% share.

From 2012 to 2022, the average annual growth rate of value from Japan stood at +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+60.7% per year) and Germany (+21.2% per year).

Import Prices by Country

In 2022, the average spark plug import price amounted to $X per unit, surging by 25% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 33% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($X per unit) and Japan ($X per unit), while the price for South Korea ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform