Jordan - Loudspeakers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Jordan - Loudspeakers - Market Analysis, Forecast, Size, Trends and Insights

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Loudspeaker Price in Jordan - 2022

Contents:

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

Loudspeaker Price in Jordan (CIF) - 2022

In December 2022, the average loudspeaker import price amounted to $25.3 per unit, growing by 3.9% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in February 2022 an increase of 43% against the previous month. As a result, import price reached the peak level of $31.5 per unit. From March 2022 to December 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($53.6 per unit), while the price for Italy ($19.0 per unit) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Loudspeaker Price in Jordan (FOB) - 2022

In 2022, the average loudspeaker export price amounted to $26 per unit, reducing by -53% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2015 when the average export price increased by 329%. The export price peaked at $56 per unit in 2021, and then declined remarkably in the following year.

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 +2.1% per year.

Loudspeaker Imports in Jordan

In 2022, after two years of decline, there was significant growth in overseas purchases of loudspeakers, when their volume increased by 13% to 290K units. In general, imports, however, recorded a dramatic setback. Over the period under review, imports reached the peak figure at 947K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, loudspeaker imports surged to $7.1M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Loudspeaker in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.13.23.35.823.2%
IndonesiaN/AN/AN/A0.20%
India0.1N/AN/A0.226.0%
Vietnam0.1N/AN/A0.10.0%
United Arab Emirates1.30.71.2N/A-3.9%
Others0.50.60.40.711.9%
Total5.14.75.07.111.7%

Top Suppliers of Loudspeaker to Jordan in 2022:

  1. China (255.4K units)
  2. Indonesia (9.7K units)
  3. Vietnam (4.6K units)
  4. India (4.5K units)

Loudspeaker Exports in Jordan

After two years of decline, shipments abroad of loudspeakers increased by 565% to 9.8K units in 2022. Overall, exports, however, faced a precipitous descent. The exports peaked at 27K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, loudspeaker exports skyrocketed to $259K in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The exports peaked at $424K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Loudspeaker in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones35116766.1259-9.6%
Iraq1.04.0N/AN/A300.0%
Israel62.5N/AN/AN/A0%
Others8.80.616.8N/A38.2%
Total42417282.9259-15.2%

Top Export Markets for Loudspeaker from Jordan in 2022:

  1. Free Zones (9.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the loudspeaker market in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)
  • Prodcom 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
  • Prodcom 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)

Country coverage:

  • Jordan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Jordan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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