Jordan - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Jordan - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights

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Butter and Ghee Price in Jordan - 2022

Contents:

  1. Butter and Ghee Price in Jordan (CIF) - 2022
  2. Butter and Ghee Price in Jordan (FOB) - 2022
  3. Butter and Ghee Imports in Jordan
  4. Butter and Ghee Exports in Jordan

Butter and Ghee Price in Jordan (CIF) - 2022

The average butter and ghee import price stood at $7,153 per ton in 2022, picking up by 34% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($7,491 per ton) and the Netherlands ($7,464 per ton), while the price for the United States ($6,052 per ton) and Turkey ($6,922 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Butter and Ghee Price in Jordan (FOB) - 2022

The average butter and ghee export price stood at $7,341 per ton in 2022, rising by 172% against the previous year. Over the period under review, the export price posted buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($7,956 per ton) and Saudi Arabia ($7,282 per ton), while the average price for exports to Free Zones ($7,281 per ton) and the United Arab Emirates ($7,281 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Butter and Ghee Imports in Jordan

In 2022, the amount of butter and ghee imported into Jordan expanded notably to 3.7K tons, growing by 5% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 6.2% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, butter and ghee imports surged to $26M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Butter and Ghee in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.02.34.59.031.0%
Denmark1.72.41.93.628.4%
France4.02.32.53.2-7.2%
Saudi Arabia0.91.61.32.642.4%
New Zealand0.90.90.81.415.9%
Germany0.30.10.21.258.7%
Ukraine0.80.40.71.07.7%
United StatesN/AN/A0.21.0400.0%
TurkeyN/AN/A0.10.9800.0%
Belgium1.51.61.60.9-15.7%
ArgentinaN/AN/AN/A0.50%
Yemen0.10.10.1N/A0.0%
Others3.94.24.91.2-32.5%
Total18.416.018.726.312.6%

Top Suppliers of Butter and Ghee to Jordan in 2022:

  1. Netherlands (1205.2 tons)
  2. Denmark (512.5 tons)
  3. France (422.5 tons)
  4. Saudi Arabia (366.1 tons)
  5. New Zealand (201.3 tons)
  6. United States (172.1 tons)
  7. Germany (165.4 tons)
  8. Ukraine (137.0 tons)
  9. Turkey (128.6 tons)
  10. Belgium (123.3 tons)
  11. Argentina (68.0 tons)

Butter and Ghee Exports in Jordan

In 2022, exports of butter and ghee from Jordan surged to 76 tons, with an increase of 66% on 2021 figures. In general, exports, however, faced a abrupt decline.

In value terms, butter and ghee exports soared to $555K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Butter and Ghee in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones18.730424.5429184.1%
United Arab Emirates0.88.65.766.9337.3%
United States20948.17.653.5-36.5%
Saudi Arabia28.213030.14.9-44.2%
United KingdomN/AN/A23.3N/A0%
Ukraine17.8N/AN/AN/A0%
Others20.716.931.6N/A23.6%
Total29550812355523.4%

Top Export Markets for Butter and Ghee from Jordan in 2022:

  1. Free Zones (58.9 tons)
  2. United Arab Emirates (9.2 tons)
  3. United States (6.7 tons)
  4. Saudi Arabia (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the butter and ghee 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:

  • FCL 983 - Butter and Ghee of Sheep Milk
  • FCL 1022 - Butter of Goat Milk
  • FCL 952 - Butter of Buffalo Milk
  • FCL 886 - Butter of Cow Milk
  • FCL 887 - Ghee from Cow Milk
  • FCL 953 - Ghee, from Buffalo Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Butter And Ghee - Jordan