Jordan - Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeat Price in Jordan - 2022
Contents:
- Meat Price in Jordan (CIF) - 2022
- Meat Price in Jordan (FOB) - 2022
- Meat Imports in Jordan
- Meat Exports in Jordan
Meat Price in Jordan (CIF) - 2022
In 2022, the average meat import price amounted to $7,786 per ton, picking up by 9.3% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat import price increased by +81.6% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 31%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($9,145 per ton), while the price for Turkey ($5,122 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Meat Price in Jordan (FOB) - 2022
The average meat export price stood at $6,293 per ton in 2022, jumping by 25% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat export price increased by +104.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($6,378 per ton) and Qatar ($6,260 per ton), while the average price for exports to Iraq ($6,098 per ton) and Saudi Arabia ($6,119 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 India (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Meat Imports in Jordan
For the third consecutive year, Jordan recorded decline in overseas purchases of meat, which decreased by -26.6% to 28K tons in 2022. Overall, imports recorded a sharp reduction. The smallest decline of -6% was in 2021.
In value terms, meat imports fell markedly to $217M in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2% against the previous year.
| Import of Meat in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 31.1 | 32.3 | 61.2 | 59.1 | 23.9% |
| Brazil | 74.0 | 51.2 | 64.5 | 42.4 | -16.9% |
| Australia | 85.1 | 59.7 | 45.4 | 39.7 | -22.4% |
| New Zealand | 36.7 | 47.7 | 26.0 | 28.6 | -8.0% |
| South Africa | 11.7 | 22.0 | 15.7 | 15.6 | 10.1% |
| Turkey | N/A | N/A | N/A | 10.8 | 0% |
| United States | 6.7 | 5.3 | 7.0 | 6.0 | -3.6% |
| Others | 34.6 | 41.0 | 50.2 | 14.6 | -25.0% |
| Total | 280 | 259 | 270 | 217 | -8.1% |
Top Suppliers of Meat to Jordan in 2022:
- India (7.6K tons)
- Brazil (5.3K tons)
- Australia (4.5K tons)
- New Zealand (3.4K tons)
- Turkey (2.1K tons)
- South Africa (1.7K tons)
- United States (0.9K tons)
Meat Exports in Jordan
In 2022, shipments abroad of meat decreased by -18% to 475 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, the exports reached the peak of 3.4K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, meat exports totaled $3M in 2022. Overall, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 41%. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Meat in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 210 | 494 | 70.9 | 1,188 | 78.2% |
| Iraq | 3,155 | 4,335 | 178 | 624 | -41.7% |
| Saudi Arabia | 607 | 1,057 | 174 | 612 | 0.3% |
| Free Zones | 1,906 | 4,689 | 172 | 152 | -57.0% |
| India | 39.5 | N/A | 15.2 | 85.2 | 29.2% |
| Kuwait | 39.8 | 62.7 | 56.5 | 81.6 | 27.0% |
| United Arab Emirates | 2,551 | 2,665 | 2,025 | 74.4 | -69.2% |
| Palestine | 849 | 14.2 | N/A | N/A | -98.3% |
| Others | 137 | 49.9 | 223 | 171 | 7.7% |
| Total | 9,495 | 13,366 | 2,915 | 2,988 | -32.0% |
Top Export Markets for Meat from Jordan in 2022:
- Qatar (189.7 tons)
- Iraq (102.4 tons)
- Saudi Arabia (99.9 tons)
- Free Zones (24.4 tons)
- India (13.6 tons)
- Kuwait (13.1 tons)
- United Arab Emirates (11.7 tons)
This report provides an in-depth analysis of the meat 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 1108 - Meat of asses
- FCL 947 - Buffalo meat
- FCL 1127 - Meat of camels
- FCL 867 - Meat of cattle
- FCL 870 - Meat of cattle, boneless
- FCL 1017 - Goat meat
- FCL 1097 - Horse meat
- FCL 1111 - Meat of mules
- FCL 1158 - Meat of other domestic camelids
- FCL 1151 - Meat of other domestic rodents
- FCL 1035 - Pig meat
- FCL 1141 - Rabbit meat
- FCL 977 - Meat of sheep
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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