Jordan: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in Jordan

The Jordanian vacuum cleaner without motor market contracted to $X in 2022, declining by -8.2% 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). Over the period under review, consumption saw a noticeable downturn. Vacuum cleaner without motor consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Exports of Vacuum Cleaners Without Motor

Exports from Jordan

In 2022, shipments abroad of vacuum cleaners without motor decreased by -77.3% to X units, falling for the third year in a row after three years of growth. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by 325% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vacuum cleaner without motor exports shrank remarkably to $X in 2022. Overall, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2015 when exports increased by 430%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Free Zones (X units) was the main destination for vacuum cleaner without motor exports from Jordan, accounting for a 91% share of total exports. Moreover, vacuum cleaner without motor exports to Free Zones exceeded the volume sent to the second major destination, Qatar (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Free Zones amounted to -15.7%.

In value terms, Free Zones ($X) remains the key foreign market for vacuum cleaners without motor exports from Jordan, comprising 92% of total exports. The second position in the ranking was held by Qatar ($X), with an 8.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones stood at -17.1%.

Export Prices by Country

The average vacuum cleaner without motor export price stood at $X per unit in 2022, dropping by -4.7% against the previous year. In general, the export price showed a noticeable decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas 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 Qatar stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+45.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners Without Motor

Imports into Jordan

In 2022, the amount of vacuum cleaners without motor imported into Jordan shrank to X units, with a decrease of -8.6% against the previous year's figure. Overall, imports recorded a pronounced setback. The growth pace was the most rapid in 2016 when imports increased by 49%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, vacuum cleaner without motor imports dropped to $X in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 when imports increased by 34% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of vacuum cleaner without motor to Jordan, accounting for a 70% share of total imports. Moreover, vacuum cleaner without motor imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The third position in this ranking was held by Thailand (X units), with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.2% per year) and Thailand (-12.3% per year).

In value terms, China ($X) constituted the largest supplier of vacuum cleaners without motor to Jordan, comprising 70% of total imports. The second position in the ranking was held by Turkey ($X), with a 17% share of total imports. It was followed by Thailand, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.2% per year) and Thailand (-14.4% per year).

Import Prices by Country

In 2022, the average vacuum cleaner without motor import price amounted to $X per unit, with a decrease of -3.8% against the previous year. Overall, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in 2021 an increase of 21% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Italy ($X per unit), while the price for Vietnam ($X per unit) and Turkey ($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 (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform