Non-Enclosed Loudspeakers Price in Jordan - 2022

Contents:

  1. Non-Enclosed Loudspeakers Price in Jordan (CIF) - 2022
  2. Non-Enclosed Loudspeakers Price in Jordan (FOB) - 2022
  3. Non-Enclosed Loudspeakers Imports in Jordan
  4. Non-Enclosed Loudspeakers Exports in Jordan

Non-Enclosed Loudspeakers Price in Jordan (CIF) - 2022

The average non-enclosed loudspeakers import price stood at $20 per unit in 2022, with an increase of 35% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. The import price peaked at $26 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($20 per unit), while the price for India ($6.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Non-Enclosed Loudspeakers Price in Jordan (FOB) - 2022

The average non-enclosed loudspeakers export price stood at $9.1 per unit in 2022, dropping by -35.3% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 99% against the previous year. As a result, the export price attained the peak level of $20 per unit. From 2021 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 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +3.6% per year.

Non-Enclosed Loudspeakers Imports in Jordan

In 2022, approx. 236K units of loudspeakers (not in enclosure) were imported into Jordan; increasing by 4.4% on 2021. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, non-enclosed loudspeakers imports soared to $4.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Non-Enclosed Loudspeakers in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1541,8082,3064,15224.5%
Indonesia0.57.013.6162586.8%
Vietnam50.637.134.468.510.6%
India23.511.033.959.936.6%
Germany4.411.818.551.1126.5%
United Arab Emirates524324480N/A-4.3%
Others417346405144-29.8%
Total3,1742,5463,2924,63813.5%

Top Suppliers of Non-Enclosed Loudspeakers to Jordan in 2022:

  1. China (205.3K units)
  2. India (9.4K units)
  3. Indonesia (9.3K units)
  4. Germany (4.5K units)
  5. Vietnam (3.9K units)

Non-Enclosed Loudspeakers Exports in Jordan

In 2022, overseas shipments of loudspeakers (not in enclosure) were finally on the rise to reach 12K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt contraction. The exports peaked at 22K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-enclosed loudspeakers exports soared to $109K in 2022. Overall, exports, however, faced a sharp descent. Over the period under review, the exports hit record highs at $221K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Non-Enclosed Loudspeakers in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones85.21.40.11098.6%
Israel34.313.211.9N/A-41.1%
Netherlands74.113.96.0N/A-71.5%
Saudi Arabia11.72.21.0N/A-70.8%
Others15.21.70.8N/A-77.1%
Total22132.419.8109-21.0%

Top Export Markets for Non-Enclosed Loudspeakers from Jordan in 2022:

  1. Free Zones (12.0K units)

Source: IndexBox Market Intelligence Platform

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