Price for Cereal Groats; Meal and Pellets in Jordan - 2022

Contents:

1. Price for Cereal Groats; Meal and Pellets in Jordan (CIF) - 2022
2. Price for Cereal Groats; Meal and Pellets in Jordan (FOB) - 2022
3. Imports of Cereal Groats; Meal and Pellets in Jordan
4. Exports of Cereal Groats; Meal and Pellets in Jordan

Price for Cereal Groats; Meal and Pellets in Jordan (CIF) - 2022

The average import price for cereal groats; meal and pelletses stood at $568 per ton in 2022, surging by 49% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($857 per ton), while the price for Spain ($563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Jordan (FOB) - 2022

The average export price for cereal groats; meal and pelletses stood at $864 per ton in 2022, picking up by 9.9% against the previous year. Overall, the export price continues to indicate noticeable growth. The growth pace was the most rapid in 2016 when the average export price increased by 46%. The export price peaked at $1,055 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,455 per ton), while the average price for exports to Kuwait ($314 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 India (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Groats; Meal and Pellets in Jordan

In 2022, supplies from abroad of cereal groats; meal and pelletses increased by 7.2% to 11K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt decrease.

In value terms, cereal groats; meal and pellets imports soared to $6.1M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Groats; Meal and Pellets to Jordan in 2022:

1. India (7.0K tons)
2. Saudi Arabia (1.8K tons)
3. Turkey (0.6K tons)
4. Spain (0.5K tons)
5. France (0.4K tons)
6. Egypt (0.1K tons)

Exports of Cereal Groats; Meal and Pellets in Jordan

In 2022, shipments abroad of cereal groats; meal and pelletses decreased by -84.1% to 60 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a perceptible descent. The pace of growth appeared the most rapid in 2021 when exports increased by 247% against the previous year. As a result, the exports reached the peak of 376 tons, and then declined significantly in the following year.

In value terms, cereal groats; meal and pellets exports plummeted to $52K in 2022. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 158%. As a result, the exports attained the peak of $295K, and then contracted notably in the following year.

Top Export Markets for Cereal Groats; Meal and Pellets from Jordan in 2022:

1. United Arab Emirates (22.3 tons)
2. Italy (12.9 tons)
3. India (11.7 tons)
4. United States (4.3 tons)
5. Kuwait (2.9 tons)
6. Sweden (2.0 tons)
7. Bahrain (1.6 tons)

Source: IndexBox Market Intelligence Platform