Brown Rice Price in Jordan - 2022

Contents:

  1. Brown Rice Price in Jordan (FOB) - 2022
  2. Brown Rice Price in Jordan (CIF) - 2022
  3. Brown Rice Exports in Jordan
  4. Brown Rice Imports in Jordan

Brown Rice Price in Jordan (FOB) - 2022

The average brown rice export price stood at $731 per ton in 2022, dropping by -64.8% against the previous year. Overall, the export price recorded a perceptible decrease. The growth pace was the most rapid in 2018 when the average export price increased by 108% against the previous year. As a result, the export price attained the peak level of $2,122 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +9.4% per year.

Brown Rice Price in Jordan (CIF) - 2022

The average brown rice import price stood at $1,040 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 78%. The import price peaked at $1,394 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,040 per ton), while the price for Iraq ($1,040 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.6%), while the prices for the other major suppliers experienced a decline.

Brown Rice Exports in Jordan

In 2022, after two years of decline, there was significant growth in overseas shipments of husked (brown) rice, when their volume increased by 790% to 102 tons. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, brown rice exports surged to $74K in 2022. In general, exports, however, saw a relatively flat trend pattern.

Export of Brown Rice in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Syrian Arab Republic6.81.01.274.3121.9%
Iraq60.417.013.6N/A-52.5%
Palestine3.610.28.4N/A52.8%
Others5.50.40.4N/A-73.0%
Total76.328.623.774.3-0.9%

Top Export Markets for Brown Rice from Jordan in 2022:

  1. Syrian Arab Republic (101.7 tons)

Brown Rice Imports in Jordan

In 2022, approx. 51 tons of husked (brown) rice were imported into Jordan; surging by 202% on the previous year's figure. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,351% against the previous year. As a result, imports reached the peak of 158 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, brown rice imports surged to $53K in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 1,415%. As a result, imports reached the peak of $139K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Brown Rice in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.019.02.640.6243.7%
India1.412.50.410.092.6%
IraqN/AN/AN/A2.50%
Sri Lanka0.44.10.3N/A-13.4%
Lebanon1.128.35.4N/A121.6%
PhilippinesN/A30.9N/AN/A0%
United Arab Emirates3.23.30.6N/A-56.7%
Saudi Arabia1.225.93.7N/A75.6%
Others0.915.32.7N/A73.2%
Total9.213915.753.179.4%

Top Suppliers of Brown Rice to Jordan in 2022:

  1. United States (39.0 tons)
  2. India (9.6 tons)
  3. Iraq (2.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Husked (Brown) Rice - Jordan