Jordan - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Jordan - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Powdered Milk Price in Jordan - 2022

Contents:

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

Powdered Milk Price in Jordan (CIF) - 2022

In December 2022, the average powdered milk import price amounted to $4,226 per ton, which is down by -2.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 4.1% m-o-m. The import price peaked at $4,339 per ton in November 2022, and then reduced slightly in the following month.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Belgium ($4,738 per ton) and the United Arab Emirates ($4,662 per ton), while the price for Sweden ($3,954 per ton) and the Netherlands ($3,954 per ton) were amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Powdered Milk Price in Jordan (FOB) - 2022

The average powdered milk export price stood at $3,828 per ton in 2022, with an increase of 33% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk export price increased by +68.4% against 2016 indices. The export price peaked at $3,899 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($9,113 per ton), while the average price for exports to Saudi Arabia ($1,469 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+48.7%), while the prices for the other major destinations experienced more modest paces of growth.

Powdered Milk Imports in Jordan

In 2022, supplies from abroad of powdered milk decreased by -18.7% to 22K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a slight decrease. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of 33K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, powdered milk imports rose notably to $93M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Powdered Milk in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand31.037.131.632.11.2%
United Arab Emirates0.41.64.525.6300.0%
Denmark13.68.513.313.2-1.0%
Poland1.25.27.44.757.6%
Canada1.62.82.12.617.6%
Argentina0.30.30.32.294.3%
Turkey0.10.12.81.8162.1%
Netherlands4.84.34.41.4-33.7%
Ireland1.81.11.01.4-8.0%
Oman1.2N/A4.41.45.3%
Germany7.54.50.31.1-47.3%
Belgium13.26.12.30.8-60.7%
Italy2.23.3N/AN/A50.0%
Others7.715.510.65.2-12.3%
Total86.490.485.193.42.6%

Top Suppliers of Powdered Milk to Jordan in 2022:

  1. Italy (undefinedK tons)
  2. New Zealand (8.1K tons)
  3. United Arab Emirates (5.4K tons)
  4. Denmark (3.3K tons)
  5. Poland (1.1K tons)
  6. Canada (0.6K tons)
  7. Argentina (0.5K tons)
  8. Turkey (0.4K tons)
  9. Oman (0.4K tons)
  10. Netherlands (0.3K tons)
  11. Germany (0.3K tons)
  12. Ireland (0.3K tons)
  13. Belgium (0.2K tons)

Powdered Milk Exports in Jordan

In 2022, overseas shipments of powdered milk decreased by -3.9% to 369 tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. As a result, the exports attained the peak of 450 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, powdered milk exports surged to $1.4M in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 122% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Powdered Milk in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones2846042233759.7%
Iraq13031820736541.1%
Angola63.1N/AN/A34075.3%
Saudi Arabia62.829614319946.9%
Democratic Republic of the CongoN/AN/AN/A83.90%
OmanN/AN/AN/A35.10%
Palestine2.512.52093.612.9%
MauritaniaN/AN/A167N/A0%
Others37.552.215611.0-33.6%
Total5791,2831,1061,41334.6%

Top Export Markets for Powdered Milk from Jordan in 2022:

  1. Saudi Arabia (135.5 tons)
  2. Iraq (94.6 tons)
  3. Free Zones (75.9 tons)
  4. Angola (37.3 tons)
  5. Democratic Republic of the Congo (12.6 tons)
  6. Oman (7.2 tons)
  7. Palestine (1.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the powdered milk 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 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, PRODUCING ANIMALS AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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