Jordan - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAnimal Fats Price in Jordan - 2021
Contents:
- Animal Fats Price in Jordan (CIF) - 2022
- Animal Fats Price in Jordan (FOB) - 2022
- Animal Fats Imports in Jordan
- Animal Fats Exports in Jordan
Animal Fats Price in Jordan (CIF) - 2022
The average animal fats import price stood at $10,647 per ton in 2022, which is down by -79.3% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 an increase of 959% against the previous year. As a result, import price reached the peak level of $51,359 per ton, and then reduced rapidly in the following year.
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 the United Arab Emirates ($221,517 per ton), while the price for Egypt ($3,840 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Animal Fats Price in Jordan (FOB) - 2022
The average animal fats export price stood at $2,390 per ton in 2022, surging by 9.9% against the previous year. Overall, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 53% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
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 Iraq amounted to +14.3% per year.
Animal Fats Imports in Jordan
Animal fats imports into Jordan surged to 3.7 tons in 2022, rising by 155% on the previous year's figure. Overall, imports, however, continue to indicate a sharp contraction.
In value terms, animal fats imports shrank rapidly to $39K in 2022. In general, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 1,616%. As a result, imports reached the peak of $74K, and then dropped markedly in the following year.
Import of Animal Fats in Jordan (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 11.1 | 1.1 | 2.6 | 19.3 | 20.2% |
Egypt | 25.7 | 2.1 | 4.8 | 11.9 | -22.6% |
United Kingdom | 5.5 | 1.0 | 3.2 | 6.7 | 6.8% |
Japan | 4.2 | 0.1 | 0.6 | 1.2 | -34.1% |
Saudi Arabia | 21.6 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | 62.5 | N/A | 2400.0% |
Total | 68.2 | 4.3 | 73.8 | 39.0 | -17.0% |
Top Suppliers of Animal Fats to Jordan in 2022:
- Egypt (3090.0 kg)
- United Kingdom (405.0 kg)
- United Arab Emirates (87.0 kg)
- Japan (82.0 kg)
Animal Fats Exports in Jordan
For the third consecutive year, Jordan recorded decline in overseas shipments of animal fats and oils, which decreased by -66.6% to 1.7 tons in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of -54.6% was in 2021.
In value terms, animal fats exports contracted dramatically to $4.2K in 2022. In general, exports showed a sharp decline. The smallest decline of -39.4% was in 2021.
Export of Animal Fats in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 25.3 | 17.9 | 10.0 | 4.2 | -45.0% |
Kuwait | 5.6 | N/A | N/A | N/A | 0% |
Others | N/A | 0.9 | 1.4 | N/A | 55.6% |
Total | 30.9 | 18.7 | 11.4 | 4.2 | -48.6% |
Top Export Markets for Animal Fats from Jordan in 2022:
- Saudi Arabia (1746.0 kg)
This report provides an in-depth analysis of the animal fats market in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)
Country coverage:
- Jordan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Jordan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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