Price for Tools, Hand; Other than Household Tools in Jordan - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Jordan (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Jordan (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Jordan
- Exports of Tools, Hand; Other than Household Tools in Jordan
Price for Tools, Hand; Other than Household Tools in Jordan (CIF) - 2022
In 2022, the average import price for tools, hand; other than household toolses amounted to $1,742 per ton, declining by -11.5% against the previous year. Overall, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2013 an increase of 7.8% against the previous year. Over the period under review, average import prices attained the peak figure at $3,173 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($4,536 per ton), while the price for Turkey ($1,352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.1%), while the prices for the other major suppliers experienced a decline.
Price for Tools, Hand; Other than Household Tools in Jordan (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $1,341 per ton, waning by -17.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 30% against the previous year. The export price peaked at $3,735 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Free Zones ($5,032 per ton), while the average price for exports to Qatar ($518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-2.4%), while the prices for the other major destinations experienced a decline.
Imports of Tools, Hand; Other than Household Tools in Jordan
For the fourth consecutive year, Jordan recorded growth in supplies from abroad of tools, hand; other than household toolses, which increased by 54% to 4.3K tons in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools, hand; other than household toolses surged to $7.5M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.6% 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 +78.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tools, Hand; Other than Household Tools in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 3.1 | 4.0 | 5.9 | 23.9% |
| Taiwan (Chinese) | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Germany | 0.4 | 0.2 | 0.4 | 0.3 | -9.1% |
| Turkey | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.8 | 0.5 | 0.6 | 0.8 | 0.0% |
| Total | 4.7 | 4.2 | 5.5 | 7.5 | 16.9% |
Top Suppliers of Tools, Hand; Other than Household Tools to Jordan in 2022:
- China (3907.3 tons)
- Taiwan (Chinese) (86.9 tons)
- Turkey (70.0 tons)
- Germany (61.3 tons)
Exports of Tools, Hand; Other than Household Tools in Jordan
Exports of tools, hand; other than household toolses from Jordan skyrocketed to 561 tons in 2022, increasing by 44% against 2021 figures. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of tools, hand; other than household toolses surged to $752K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Tools, Hand; Other than Household Tools in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 70.5 | 125 | 165 | 340 | 69.0% |
| Saudi Arabia | 169 | 220 | 259 | 229 | 10.7% |
| Oman | N/A | N/A | N/A | 92.3 | 0% |
| United States | 9.3 | N/A | N/A | 43.8 | 67.6% |
| Qatar | 10.7 | 25.2 | 3.5 | 10.0 | -2.2% |
| Iraq | N/A | 50.0 | 26.0 | 9.7 | -56.0% |
| Lebanon | 36.8 | N/A | N/A | 2.1 | -61.5% |
| Syrian Arab Republic | 197 | N/A | N/A | N/A | 0% |
| Others | 121 | 29.7 | 183 | 25.4 | -40.6% |
| Total | 614 | 450 | 636 | 752 | 7.0% |
Top Export Markets for Tools, Hand; Other than Household Tools from Jordan in 2022:
- Saudi Arabia (357.8 tons)
- Oman (73.0 tons)
- Free Zones (67.7 tons)
- United States (33.0 tons)
- Qatar (19.4 tons)
- Iraq (5.5 tons)
- Lebanon (3.3 tons)
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