Crispbread Price in Jordan - 2022

Contents:

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

Crispbread Price in Jordan (CIF) - 2022

In 2022, the average crispbread import price amounted to $3,841 per ton, which is down by -3% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crispbread import price increased by +124.8% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 60%. Over the period under review, average import prices hit record highs at $4,017 per ton in 2014; however, from 2015 to 2022, import prices stood 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 Bahrain ($3,841 per ton) and India ($3,841 per ton), while the price for Turkey ($3,840 per ton) and Hungary ($3,841 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Crispbread Price in Jordan (FOB) - 2022

The average crispbread export price stood at $4,158 per ton in 2022, with an increase of 13% against the previous year. In general, export price indicated resilient growth from 2013 to 2022: its price increased at an average annual rate of +10.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crispbread export price increased by +29.9% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 103%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

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

From 2013 to 2022, the rate of growth in terms of prices for Sweden amounted to +51.6% per year.

Crispbread Imports in Jordan

Crispbread imports into Jordan soared to 32 tons in 2022, picking up by 34% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +55.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, crispbread imports skyrocketed to $124K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Crispbread in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy36.224.45.420.5-17.3%
BahrainN/AN/AN/A18.70%
LebanonN/AN/A13.817.627.5%
IndiaN/A8.91.916.636.6%
Netherlands10.712.638.410.0-2.2%
Germany9.47.02.99.71.1%
HungaryN/A1.5N/A9.5151.7%
TurkeyN/AN/AN/A5.60%
FranceN/A7.08.55.1-14.6%
SpainN/A7.13.1N/A-56.3%
Sweden8.52.45.6N/A-18.8%
United Arab EmiratesN/A1.0N/AN/A0%
Belarus3.8N/AN/AN/A0%
Others10.034.015.410.31.0%
Total78.710695.012416.4%

Top Suppliers of Crispbread to Jordan in 2022:

  1. Italy (5.3 tons)
  2. Bahrain (4.9 tons)
  3. Lebanon (4.6 tons)
  4. India (4.3 tons)
  5. Netherlands (2.6 tons)
  6. Germany (2.5 tons)
  7. Hungary (2.5 tons)
  8. Turkey (1.5 tons)
  9. France (1.3 tons)

Crispbread Exports in Jordan

In 2022, shipments abroad of crispbread decreased by -86.1% to 3.7 tons, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by 53%. As a result, the exports attained the peak of 29 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, crispbread exports shrank significantly to $15K in 2022. In general, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 18% against the previous year.

Export of Crispbread in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A15.40%
Cyprus12.54.114.5N/A7.7%
Palestine0.312.221.8N/A752.4%
Sweden4.513.8N/AN/A206.7%
Kuwait4.72.53.0N/A-20.1%
NetherlandsN/A6.15.3N/A-13.1%
Saudi ArabiaN/A10.811.1N/A2.8%
Canada40.717.114.6N/A-40.1%
Others17.027.627.3N/A26.7%
Total79.894.197.515.4-42.2%

Top Export Markets for Crispbread from Jordan in 2022:

  1. Qatar (3.7 tons)

Source: IndexBox Market Intelligence Platform

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