Report Update: May 1, 2024

Jordan - Animal Or Vegetable Fats And Oils Chemically Modified - Market Analysis, Forecast, Size, Trends And Insights

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Chemically Modified Oils Price in Jordan - 2022

Chemically Modified Oils Price in Jordan (FOB) - 2022

In 2022, the average chemically modified oils export price amounted to $362 per ton, shrinking by -71.2% against the previous year. In general, the export price showed a deep slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $1,257 per ton, and then reduced remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($1,633 per ton), while the average price for exports to the Netherlands totaled $287 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Chemically Modified Oils Price in Jordan (CIF) - 2022

In 2022, the average chemically modified oils import price amounted to $1,663 per ton, with an increase of 28% against the previous year. In general, the import price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 30%. The import price peaked at $1,938 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($1,514 per ton) and the United States ($1,514 per ton), while the price for China ($1,514 per ton) and Belgium ($1,514 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (-1.4%), while the prices for the other major suppliers experienced a decline.

Chemically Modified Oils Exports in Jordan

In 2022, the amount of animal or vegetable fats and oils chemically modified exported from Jordan contracted notably to 1.3K tons, which is down by -89.3% compared with 2021. Over the period under review, exports showed a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 61% against the previous year. As a result, the exports attained the peak of 12K tons, and then declined remarkably in the following year.

In value terms, chemically modified oils exports shrank significantly to $457K in 2022. In general, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 141% against the previous year. As a result, the exports attained the peak of $15M, and then declined markedly in the following year.

Export of Chemically Modified Oils in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	80.4	118	365	342	62.0%
Belgium	N/A	N/A	N/A	115	0%
Spain	924	924	1,495	N/A	27.2%
United Kingdom	205	1,671	410	N/A	41.4%
Czech Republic	314	319	636	N/A	42.3%
Others	5,416	3,124	11,945	N/A	48.5%
Total	6,940	6,155	14,851	457	-59.6%

Top Export Markets for Chemically Modified Oils from Jordan in 2022:

Netherlands (1194.1 tons)
Belgium (70.5 tons)

Chemically Modified Oils Imports in Jordan

In 2022, the amount of animal or vegetable fats and oils chemically modified imported into Jordan declined sharply to 102 tons, waning by -74.4% on the previous year. Overall, imports recorded a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 203%. As a result, imports attained the peak of 400 tons, and then fell remarkably in the following year.

In value terms, chemically modified oils imports contracted remarkably to $170K in 2022. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 171% against the previous year.

Import of Chemically Modified Oils in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	6.2	2.1	15.7	43.1	90.9%
United States	11.2	1.6	1.0	34.2	45.1%
China	80.8	18.1	89.8	28.8	-29.1%
Belgium	32.2	4.2	4.7	23.7	-9.7%
Turkey	18.5	4.7	50.2	22.3	6.4%
Lebanon	30.8	9.6	32.0	N/A	1.9%
Germany	20.9	3.2	10.8	N/A	-28.1%
Malaysia	32.1	9.0	29.1	N/A	-4.8%
United Arab Emirates	7.3	1.9	5.5	N/A	-13.2%
Egypt	68.0	17.3	46.7	N/A	-17.1%
Netherlands	112	33.4	154	N/A	17.3%
Brazil	30.8	5.5	18.3	N/A	-22.9%
Others	230	80.8	61.8	18.1	-57.1%
Total	681	192	520	170	-37.0%

Top Suppliers of Chemically Modified Oils to Jordan in 2022:

India (28.5 tons)
United States (22.6 tons)
China (19.0 tons)
Belgium (15.6 tons)
Turkey (14.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chemically modified oils 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 20592000 - Animal or vegetable fats and oils chemically modified

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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