Jordan: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Jordan

In 2022, after two years of growth, there was significant decline in the Jordanian non-combined refrigerator-freezer market, when its value decreased by X% to $X. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from Jordan

In 2022, after two years of decline, there was significant growth in overseas shipments of household refrigerators and freezers (not combined), when their volume increased by X% to X units. Overall, exports, however, saw a abrupt decrease. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-combined refrigerator-freezer exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a noticeable descent. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Free Zones (X units), Lebanon (X units) and Iraq (X units) were the main destinations of non-combined refrigerator-freezer exports from Jordan, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for non-combined refrigerator-freezer exported from Jordan were Lebanon ($X), Free Zones ($X) and Iraq ($X), with a combined X% share of total exports.

Lebanon, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average non-combined refrigerator-freezer export price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price posted measured growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($X per unit), while the average price for exports to Iraq ($X 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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports

Imports into Jordan

In 2022, purchases abroad of household refrigerators and freezers (not combined) decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, non-combined refrigerator-freezer imports fell dramatically to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Egypt (X units), China (X units) and Thailand (X units) were the main suppliers of non-combined refrigerator-freezer imports to Jordan, with a combined X% share of total imports. Turkey, Romania, Lebanon, Indonesia and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), China ($X) and Thailand ($X) constituted the largest non-combined refrigerator-freezer suppliers to Jordan, with a combined X% share of total imports. Turkey, Romania, Indonesia, Lebanon and South Korea lagged somewhat behind, together comprising a further X%.

Lebanon, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 non-combined refrigerator-freezer import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($X per unit) and South Korea ($X per unit), while the price for Lebanon ($X per unit) and Romania ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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