Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,450 per ton, with an increase of 9.7% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.7% 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, other than blue-veined, grated, powdered or processed increased by +62.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 37%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($6,450 per ton) and Bahrain ($6,450 per ton), while the price for New Zealand ($6,450 per ton) and Hungary ($6,450 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan (FOB) - 2022
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $6,846 per ton in 2022, surging by 7.5% against the previous year. Over the period under review, the export price posted a buoyant increase. The growth pace was the most rapid in 2020 when the average export price increased by 53% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($6,846 per ton) and the United Arab Emirates ($6,846 per ton), while the average price for exports to Kuwait ($6,846 per ton) and Iraq ($6,846 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 Iraq (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan
In 2022, supplies from abroad of cheese, other than blue-veined, grated, powdered or processed was finally on the rise to reach 19K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable slump.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed skyrocketed to $124M in 2022. The total import value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern 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.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 17.9 | 22.2 | 28.6 | 36.1 | 26.3% |
| Egypt | 23.4 | 33.6 | 22.8 | 26.2 | 3.8% |
| Turkey | 2.3 | 3.3 | 4.6 | 9.0 | 57.6% |
| Poland | 2.7 | 3.6 | 2.8 | 7.9 | 43.0% |
| Hungary | 5.7 | 6.3 | 6.7 | 7.7 | 10.5% |
| New Zealand | 4.5 | 3.7 | 4.9 | 6.9 | 15.3% |
| Bahrain | 0.9 | 1.9 | 2.6 | 4.5 | 71.0% |
| United States | 4.1 | 3.0 | 2.5 | 3.4 | -6.0% |
| Netherlands | 4.7 | 3.0 | 4.5 | 3.3 | -11.1% |
| Germany | 4.4 | 3.0 | 2.9 | 2.5 | -17.2% |
| Ireland | 1.3 | 1.5 | 1.4 | 2.2 | 19.2% |
| Tunisia | 0.1 | 0.2 | 0.1 | 1.9 | 166.8% |
| Denmark | 3.7 | 1.8 | 1.2 | 1.3 | -29.4% |
| Others | 12.2 | 11.7 | 12.5 | 10.7 | -4.3% |
| Total | 87.9 | 98.8 | 98.1 | 124 | 12.2% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Jordan in 2022:
- Saudi Arabia (5.6K tons)
- Egypt (4.1K tons)
- Turkey (1.4K tons)
- Poland (1.2K tons)
- Hungary (1.2K tons)
- New Zealand (1.1K tons)
- Bahrain (0.7K tons)
- Netherlands (0.5K tons)
- United States (0.5K tons)
- Germany (0.4K tons)
- Tunisia (0.3K tons)
- Ireland (0.3K tons)
- Denmark (0.2K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan
For the third consecutive year, Jordan recorded decline in shipments abroad of cheese, other than blue-veined, grated, powdered or processed, which decreased by -16.2% to 4.1K tons in 2022. Overall, exports continue to indicate a abrupt curtailment. The smallest decline of -2% was in 2021.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed shrank to $28M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 increased by +53.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 46%.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 13.6 | 15.7 | 17.4 | 12.5 | -2.8% |
| Saudi Arabia | 2.0 | 5.1 | 5.9 | 5.4 | 39.2% |
| United Arab Emirates | N/A | 0.3 | 1.1 | 4.5 | 287.3% |
| Kuwait | 1.4 | 4.1 | 4.8 | 4.0 | 41.9% |
| Others | 1.1 | 1.3 | 1.7 | 1.5 | 10.9% |
| Total | 18.1 | 26.4 | 30.9 | 27.8 | 15.4% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Jordan in 2022:
- Iraq (1833.0 tons)
- Saudi Arabia (781.5 tons)
- United Arab Emirates (658.5 tons)
- Kuwait (577.1 tons)
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