Jordan: Electro-Magnetic Coupling Market 2024

Electro-Magnetic Coupling Market Size in Jordan

The Jordanian electro-magnetic coupling market rose markedly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Electro-Magnetic Coupling Production in Jordan

In value terms, electro-magnetic coupling production rose rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Electro-Magnetic Coupling Exports

Exports from Jordan

In 2022, overseas shipments of electro-magnetic couplings, clutches and brakes decreased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports saw a perceptible downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined remarkably in the following year.

In value terms, electro-magnetic coupling exports declined rapidly to $X in 2022. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for electro-magnetic coupling exports from Jordan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at X%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for electro-magnetic couplings, clutches and brakes exports from Jordan.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled X%.

Export Prices by Country

The average electro-magnetic coupling export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to X% per year.

Electro-Magnetic Coupling Imports

Imports into Jordan

In 2022, imports of electro-magnetic couplings, clutches and brakes into Jordan skyrocketed to X tons, surging by X% compared with the previous year's figure. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, electro-magnetic coupling imports surged to $X in 2022. In general, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Italy (X kg) and China (X kg) were the main suppliers of electro-magnetic coupling imports to Jordan, together comprising X% of total imports. Mexico and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and China ($X) constituted the largest electro-magnetic coupling suppliers to Jordan, with a combined X% share of total imports. Mexico and France lagged somewhat behind, together comprising a further X%.

Mexico, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electro-magnetic coupling import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per ton) and Germany ($X per ton), while the price for France ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform