Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan - 2022
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan (CIF) - 2022
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $97 per unit in 2022, with a decrease of -10.7% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furniture; wooden, other than for office, kitchen or bedroom use increased by +49.3% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 25%. As a result, import price attained the peak level of $109 per unit, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($138 per unit), while the price for the United States ($58 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan (FOB) - 2022
The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $75 per unit in 2022, with a decrease of -13.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 60% against the previous year. The export price peaked at $112 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($107 per unit), while the average price for exports to Kuwait ($27 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 Oman (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan
In 2022, the amount of furniture; wooden, other than for office, kitchen or bedroom use imported into Jordan fell remarkably to 243K units, declining by -45.1% compared with the previous year's figure. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.2% against the previous year. Imports peaked at 447K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use declined notably to $24M in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $48M, and then reduced rapidly in the following year.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.3 | 5.9 | 11.3 | 5.9 | 11.1% |
| China | 5.8 | 3.8 | 7.5 | 5.2 | -3.6% |
| Italy | 3.3 | 4.4 | 8.1 | 4.0 | 6.6% |
| United Arab Emirates | 0.5 | 1.1 | 1.1 | 1.3 | 37.5% |
| Lebanon | 1.2 | 0.3 | 0.8 | 1.3 | 2.7% |
| Egypt | 11.9 | 14.7 | 9.0 | 0.9 | -57.7% |
| United States | 1.1 | 1.3 | 2.9 | 0.9 | -6.5% |
| Bahrain | 1.0 | 0.7 | 2.1 | 0.5 | -20.6% |
| Spain | 2.4 | 1.0 | 0.8 | 0.5 | -40.7% |
| Poland | 0.9 | 0.9 | 1.2 | 0.2 | -39.4% |
| Others | 2.7 | 2.9 | 3.1 | 2.8 | 1.2% |
| Total | 35.0 | 36.9 | 48.0 | 23.6 | -12.3% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Jordan in 2022:
- Turkey (63.1K units)
- Italy (42.8K units)
- China (37.7K units)
- Lebanon (16.7K units)
- United States (15.0K units)
- United Arab Emirates (13.6K units)
- Egypt (11.1K units)
- Bahrain (5.5K units)
- Spain (4.6K units)
- Poland (2.0K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan
In 2022, shipments abroad of furniture; wooden, other than for office, kitchen or bedroom use was finally on the rise to reach 109K units after two years of decline. Overall, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use surged to $8.2M in 2022. In general, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 2,210 | N/A | 85.8 | 1,737 | -7.7% |
| United Kingdom | 954 | 366 | 303 | 1,384 | 13.2% |
| Palestine | 326 | 174 | 150 | 1,115 | 50.7% |
| United States | 128 | 31.4 | 15.3 | 1,037 | 100.8% |
| Egypt | 44.3 | 17.3 | 18.0 | 735 | 155.1% |
| Lebanon | 63.2 | 3.3 | N/A | 397 | 84.5% |
| Israel | 20.2 | 6.0 | 5.0 | 363 | 161.9% |
| Oman | N/A | N/A | 91.9 | 329 | 258.0% |
| United Arab Emirates | 68.2 | 492 | 68.9 | 240 | 52.1% |
| Bahrain | 14.3 | 5.6 | 0.5 | 234 | 153.9% |
| Kuwait | 553 | 144 | 73.7 | 169 | -32.6% |
| Canada | 48.2 | 21.8 | 1.6 | 167 | 51.3% |
| Saudi Arabia | 1,166 | 394 | 444 | N/A | -38.3% |
| Others | 270 | 64.6 | 74.8 | 325 | 6.4% |
| Total | 5,866 | 1,720 | 1,332 | 8,232 | 12.0% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Jordan in 2022:
- United States (26.7K units)
- Qatar (20.3K units)
- United Kingdom (15.6K units)
- Palestine (10.8K units)
- Egypt (7.6K units)
- Kuwait (6.3K units)
- Israel (4.1K units)
- Lebanon (4.1K units)
- Oman (3.9K units)
- United Arab Emirates (2.3K units)
- Bahrain (2.2K units)
- Canada (2.0K units)
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