Frozen Tilapias Price in Jordan - 2022
Contents:
Frozen Tilapias Price in Jordan (CIF) - 2022
In 2022, the average frozen tilapias import price amounted to $2,321 per ton, with an increase of 16% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen tilapias import price increased by +93.1% against 2016 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($2,321 per ton), while the price for China ($2,321 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Tilapias Imports in Jordan
Frozen tilapias imports into Jordan shrank to 244 tons in 2022, waning by -5.1% on 2021. Over the period under review, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 2.7% against the previous year.
In value terms, frozen tilapias imports rose markedly to $566K in 2022. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
| Import of Frozen Tilapias in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 799 | 331 | 345 | 483 | -15.4% |
| Vietnam | 7.0 | 15.3 | 23.8 | 67.7 | 113.1% |
| India | 30.9 | 32.3 | 23.7 | 15.2 | -21.1% |
| Thailand | 18.4 | 70.6 | 32.9 | N/A | 33.7% |
| Others | N/A | N/A | 90.1 | N/A | 0% |
| Total | 855 | 449 | 516 | 566 | -12.8% |
Top Suppliers of Frozen Tilapias to Jordan in 2022:
- China (208.2 tons)
- Vietnam (29.2 tons)
- India (6.6 tons)
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