Jordan: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Jordan

The Jordanian telephone apparatus market skyrocketed to $X in 2022, increasing by 49% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed prominent growth. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Telephone Apparatus Exports

Exports from Jordan

In 2022, shipments abroad of telephone apparatus decreased by -93.3% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2014 with an increase of 177% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, telephone apparatus exports declined dramatically to $X in 2022. Over the period under review, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2016 with an increase of 98% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X tons) was the main destination for telephone apparatus exports from Jordan, with a 33% share of total exports. Moreover, telephone apparatus exports to Free Zones exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. The third position in this ranking was held by Egypt (X tons), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Free Zones totaled +35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+147.2% per year) and Egypt (+173.1% per year).

In value terms, Free Zones ($X) emerged as the key foreign market for telephone apparatus exports from Jordan, comprising 61% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 27% share of total exports. It was followed by Hungary, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Free Zones amounted to +55.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+333.6% per year) and Hungary (+115.0% per year).

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per ton, rising by 24% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2015 an increase of 54%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+75.4%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Jordan

In 2022, purchases abroad of telephone apparatus was finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, imports continue to indicate temperate growth. The growth pace was the most rapid in 2015 when imports increased by 120%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports surged to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Jordan, accounting for a 78% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+32.2% per year) and India (-8.5% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Jordan, comprising 73% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 16% share of total imports. It was followed by India, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+65.4% per year) and India (-7.1% per year).

Import Prices by Country

The average telephone apparatus import price stood at $X per ton in 2021, increasing by 21% against the previous year. Overall, the import price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2018 an increase of 70%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform