Key Market Indicators
Jordan's import of DC motors is projected to decline to approximately $236,000 by 2028, down from $269,000 in 2023. This represents an average annual decrease of 2.1%. The demand for DC motors in Jordan has been on a downward trend since 1999, decreasing by an annual average of 0.9%. On the export front, Jordan's DC motor shipments are also anticipated to shrink significantly. Exports are expected to fall to around $4,600 by 2028, a steep drop from $9,500 in 2023. This equates to an average annual contraction of 11.5%. The supply of DC motors from Jordan has been declining since 2004, with an annual reduction rate of 8%.
