jordan Electric Scooters Market Shipment Analysis
Jordan Electric Scooters Market registered a growth of 50.24% in value shipments in 2022 as compared to 2021 and an increase of 55.52% CAGR in 2022 over a period of 2017. In Electric Scooters Market Jordan is becoming more competitive as the HHI index in 2022 was 5648 while in 2017 it was 10000. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Jordan has reportedly relied more on imports to meet its growing demand in Electric Scooters Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Electric Scooters Market in 2022 was 5.57 while in 2017 it was 2.54. Italy, China, Other Asia, nes, Turkey and were among the top players of the market in 2022, where Italy acquired the largest market share of 72.62% with a shipment value of 0.03 million USD in 2022 Italy also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Electric Scooters Market. In 2017 China had the largest market share of 100% with the shipment value of 0 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. Although China offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Jordan Electric Scooters Market in 2017.
