Bovine Animals; Live Price in Jordan - 2022

Bovine Animals; Live Price in Jordan (CIF) - 2022

The average bovine animals; live import price stood at $1,042 per unit in 2022, picking up by 6.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 24%. As a result, import price attained the peak level of $1,265 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($1,048 per unit) and Romania ($1,042 per unit), while the price for Sudan ($1,040 per unit) and Colombia ($1,040 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Bovine Animals; Live Price in Jordan (FOB) - 2022

The average bovine animals; live export price stood at $27 per unit in 2022, dropping by -26.5% against the previous year. Overall, the export price faced a dramatic curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 36%. As a result, the export price attained the peak level of $1,069 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +17.6% per year.

Bovine Animals; Live Imports in Jordan

In 2022, approx. 121K units of bovine animals; lives were imported into Jordan; increasing by 50% on 2021 figures. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 55%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, bovine animals; live imports surged to $126M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Bovine Animals; Live in Jordan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	14.1	11.8	22.7	35.9	36.6%
Brazil	36.2	5.3	N/A	30.5	-5.6%
Colombia	2.7	25.5	32.5	16.8	83.9%
Djibouti	N/A	N/A	N/A	10.7	0%
Sudan	N/A	N/A	N/A	10.1	0%
Ukraine	6.0	7.0	7.8	7.2	6.3%
Spain	N/A	8.5	6.1	6.4	-13.2%
Others	1.4	8.9	9.4	8.3	81.0%
Total	60.3	67.1	78.5	126	27.8%

Top Suppliers of Bovine Animals; Live to Jordan in 2022:

Romania (34.4K units)
Brazil (29.1K units)
Colombia (16.1K units)
Djibouti (10.3K units)
Sudan (9.7K units)
Ukraine (6.9K units)
Spain (6.2K units)

Bovine Animals; Live Exports in Jordan

In 2022, after two years of growth, there was significant decline in overseas shipments of bovine animals; lives, when their volume decreased by -95% to 1 units. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1,900%. As a result, the exports reached the peak of 20 units, and then contracted remarkably in the following year.

In value terms, bovine animals; live exports reduced notably to $27 in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 2,622% against the previous year. As a result, the exports attained the peak of $735, and then declined notably in the following year.