Price for Winches and Capstans; Powered by an Electric Motor in Jordan - 2022

Contents:

  1. Price for Winches and Capstans; Powered by an Electric Motor in Jordan (CIF) - 2022
  2. Price for Winches and Capstans; Powered by an Electric Motor in Jordan (FOB) - 2022
  3. Imports of Winches and Capstans; Powered by an Electric Motor in Jordan
  4. Exports of Winches and Capstans; Powered by an Electric Motor in Jordan

Price for Winches and Capstans; Powered by an Electric Motor in Jordan (CIF) - 2022

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $1,164 per unit, growing by 34% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 86% against the previous year. As a result, import price attained the peak level of $2,045 per unit. From 2018 to 2022, the average import prices remained at a 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 Italy ($5,391 per unit), while the price for China ($75 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winches and Capstans; Powered by an Electric Motor in Jordan (FOB) - 2022

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $319 per unit, with a decrease of -78.6% against the previous year. Over the period under review, the export price recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 3% against the previous year. Over the period under review, the average export prices reached the maximum at $5,466 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($397 per unit), while the average price for exports to Free Zones totaled $224 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+13.0%).

Imports of Winches and Capstans; Powered by an Electric Motor in Jordan

For the third consecutive year, Jordan recorded decline in supplies from abroad of winches and capstans; powered by an electric motors, which decreased by -15% to 1.3K units in 2022. In general, imports showed a dramatic decrease. The smallest decline of -1.1% was in 2021. Over the period under review, imports of hit record highs at 3.2K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of winches and capstans; powered by an electric motors rose significantly to $1.5M in 2022. Overall, imports saw a abrupt downturn. Over the period under review, imports of reached the maximum at $2.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Winches and Capstans; Powered by an Electric Motor in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,9945937501,418-10.7%
China18966.277.071.4-27.7%
Spain53.74.11.925.3-22.2%
United States2485.013.92.9-77.3%
United Arab Emirates23724258.9N/A-50.1%
Netherlands4.1249236N/A658.7%
Others16614121119.0-51.4%
Total2,8921,3011,3481,536-19.0%

Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Jordan in 2022:

  1. China (958.0 units)
  2. Italy (263.0 units)
  3. Spain (73.0 units)
  4. United States (4.0 units)

Exports of Winches and Capstans; Powered by an Electric Motor in Jordan

In 2022, approx. 82 units of winches and capstans; powered by an electric motors were exported from Jordan; growing by 1,267% compared with 2021. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $26K in 2022. Over the period under review, exports, however, showed a significant curtailment. The exports peaked at $43K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Winches and Capstans; Powered by an Electric Motor in Jordan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Arab Emirates6.00.817.972.7%
Free Zones2.70.48.375.3%
China34.7N/AN/A0%
GreeceN/A7.8N/A0%
OthersN/AN/AN/A0%
Total43.48.926.2-22.3%

Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Jordan in 2022:

  1. United Arab Emirates (45.0 units)
  2. Free Zones (37.0 units)

Source: IndexBox Market Intelligence Platform

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