Price for Cheese of All Kinds, Grated or Powdered in Jordan - 2022
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Jordan (CIF) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Jordan (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Jordan
- Exports of Cheese of All Kinds, Grated or Powdered in Jordan
Price for Cheese of All Kinds, Grated or Powdered in Jordan (CIF) - 2022
In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $6,393 per ton, growing by 13% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cheese of all kinds, grated or powdered increased by +69.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($6,393 per ton) and the UK ($6,393 per ton), while the price for Saudi Arabia ($6,393 per ton) and France ($6,393 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese of All Kinds, Grated or Powdered in Jordan (FOB) - 2022
The average export price for cheese of all kinds, grated or powdered stood at $5,920 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +23.7% per year.
Imports of Cheese of All Kinds, Grated or Powdered in Jordan
Imports of cheese of all kinds, grated or powdered into Jordan skyrocketed to 713 tons in 2022, surging by 41% on 2021. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 492%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of cheese of all kinds, grated or powdered skyrocketed to $4.6M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 522% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Cheese of All Kinds, Grated or Powdered in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 52.7 | 90.0 | 938 | 2,047 | 238.7% |
| Germany | 10.3 | 17.5 | 185 | 488 | 261.8% |
| Turkey | 17.2 | 44.2 | 54.9 | 433 | 193.1% |
| Egypt | 66.5 | 42.4 | 641 | 371 | 77.4% |
| Denmark | 0.5 | 5.3 | 30.8 | 310 | 752.7% |
| France | 31.6 | 13.1 | 157 | 302 | 112.2% |
| United Kingdom | 101 | 11.7 | 224 | 292 | 42.5% |
| United Arab Emirates | 47.3 | 5.0 | 109 | 189 | 58.7% |
| New Zealand | 192 | 87.7 | 119 | N/A | -21.3% |
| Hungary | 15.7 | 110 | 222 | N/A | 276.0% |
| Others | 18.0 | 31.8 | 168 | 126 | 91.3% |
| Total | 552 | 458 | 2,848 | 4,557 | 102.1% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Jordan in 2022:
- Saudi Arabia (320.3 tons)
- Germany (76.3 tons)
- Turkey (67.8 tons)
- Egypt (58.1 tons)
- Denmark (48.4 tons)
- France (47.2 tons)
- United Kingdom (45.7 tons)
- United Arab Emirates (29.5 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Jordan
In 2022, the amount of cheese of all kinds, grated or powdered exported from Jordan reduced markedly to 20 tons, with a decrease of -68.4% on 2021. In general, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 357%. As a result, the exports attained the peak of 63 tons, and then declined dramatically in the following year.
In value terms, exports of cheese of all kinds, grated or powdered dropped remarkably to $118K in 2022. Over the period under review, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 268% against the previous year. As a result, the exports reached the peak of $285K, and then declined significantly in the following year.
| Export of Cheese of All Kinds, Grated or Powdered in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 85.3 | 31.2 | 88.3 | 118 | 11.4% |
| Kuwait | 19.7 | 14.3 | 51.2 | N/A | 61.2% |
| Palestine | 8.0 | N/A | N/A | N/A | 0% |
| United States | 13.3 | 6.8 | 12.4 | N/A | -3.4% |
| Qatar | 25.8 | 12.1 | 46.2 | N/A | 33.8% |
| United Arab Emirates | 1.6 | 12.8 | 86.9 | N/A | 637.0% |
| Egypt | 41.9 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.3 | N/A | -13.4% |
| Total | 196 | 77.5 | 285 | 118 | -15.6% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Jordan in 2022:
- Saudi Arabia (19.9 tons)
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