Jordan: Telephone Market 2024

Telephone Market Size in Jordan

The Jordanian telephone market rose remarkably to $X in 2022, growing by 12% against the previous year. Overall, consumption, however, continues to indicate a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Telephone Production in Jordan

In value terms, telephone production rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Telephone Exports

Exports from Jordan

In 2022, approx. X units of telephones and videophones were exported from Jordan; jumping by 45% on the year before. Over the period under review, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of 905%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, telephone exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2016 when exports increased by 1,093% 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 somewhat lower figure.

Exports by Country

Palestine (X units), the United Arab Emirates (X units) and Free Zones (X units) were the main destinations of telephone exports from Jordan, together comprising 74% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Palestine (with a CAGR of +50.3%), while the other leaders experienced more modest paces of growth.

In value terms, Palestine ($X), the United Arab Emirates ($X) and Free Zones ($X) constituted the largest markets for telephone exported from Jordan worldwide, with a combined 75% share of total exports.

Palestine, with a CAGR of +69.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average telephone export price stood at $X per unit in 2022, picking up by 38% against the previous year. In general, the export price saw a mild expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 130%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Kuwait ($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 UK (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Imports

Imports into Jordan

In 2022, purchases abroad of telephones and videophones increased by 1.9% to X units, rising for the fourth consecutive year after two years of decline. Overall, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of 63% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, telephone imports totaled $X in 2022. Over the period under review, imports, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by 25% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest telephone supplier to Jordan, accounting for a 84% share of total imports. Moreover, telephone imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-25.0% per year) and the United Arab Emirates (-8.2% per year).

In value terms, China ($X) constituted the largest supplier of telephones and videophones to Jordan, comprising 86% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 4.2% share of total imports. It was followed by South Korea, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-23.4% per year) and South Korea (-12.8% per year).

Import Prices by Country

The average telephone import price stood at $X per unit in 2022, remaining stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 30%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform