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

Jordan - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights

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Price for Evaporated and Condensed Milk in Jordan - 2022

Contents:

  1. Price for Evaporated and Condensed Milk in Jordan (CIF) - 2022
  2. Price for Evaporated and Condensed Milk in Jordan (FOB) - 2022
  3. Imports of Evaporated and Condensed Milk in Jordan
  4. Exports of Evaporated and Condensed Milk in Jordan

Price for Evaporated and Condensed Milk in Jordan (CIF) - 2022

In December 2022, the average evaporated and condensed milk import price amounted to $2,140 per ton, increasing by 16% against the previous month. Over the period from January 2022 to December 2022, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in October 2022 when the average import price increased by 28% against the previous month. As a result, import price attained the peak level of $2,196 per ton. From November 2022 to December 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Brazil ($2,416 per ton) and the United Arab Emirates ($2,416 per ton), while the price for Kuwait ($1,620 per ton) and the Netherlands ($1,620 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 Brazil (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Evaporated and Condensed Milk in Jordan (FOB) - 2022

In 2022, the average evaporated and condensed milk export price amounted to $1,841 per ton, which is down by -3.1% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 50%. Over the period under review, the average export prices reached the maximum at $3,093 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Saudi Arabia ($2,325 per ton), while the average price for exports to the United Arab Emirates ($969 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 Iraq (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Evaporated and Condensed Milk in Jordan

In 2022, approx. 9.5K tons of evaporated and condensed milk were imported into Jordan; surging by 2.5% on 2021 figures. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 10K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, evaporated and condensed milk imports rose remarkably to $19M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Evaporated and Condensed Milk in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6.68.06.98.910.5%
Netherlands3.92.92.43.2-6.4%
Kuwait2.01.91.62.811.9%
United Arab Emirates1.01.01.91.923.9%
OmanN/A0.40.50.511.8%
Belgium0.30.30.20.518.6%
SpainN/AN/AN/A0.40%
Peru0.40.40.4N/A0.0%
Others2.62.62.90.7-35.4%
Total16.717.516.819.04.4%

Top Suppliers of Evaporated and Condensed Milk to Jordan in 2022:

  1. Saudi Arabia (4.0K tons)
  2. Netherlands (1.9K tons)
  3. Kuwait (1.7K tons)
  4. United Arab Emirates (0.8K tons)
  5. Oman (0.3K tons)
  6. Belgium (0.3K tons)
  7. Spain (0.2K tons)

Exports of Evaporated and Condensed Milk in Jordan

After three years of growth, overseas shipments of evaporated and condensed milk decreased by -82.6% to 45 tons in 2022. Over the period under review, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 202% against the previous year.

In value terms, evaporated and condensed milk exports contracted significantly to $82K in 2022. In general, exports saw a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 166% against the previous year.

Export of Evaporated and Condensed Milk in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia33.613425839.55.5%
Kuwait12.447.210720.418.1%
United Arab Emirates1.52.33.614.1111.0%
Iraq0.60.20.28.0137.1%
Free Zones41.398.291.9N/A49.2%
Others22.816.224.9N/A4.5%
Total11229848582.0-9.9%

Top Export Markets for Evaporated and Condensed Milk from Jordan in 2022:

  1. Saudi Arabia (17.0 tons)
  2. United Arab Emirates (14.5 tons)
  3. Kuwait (8.8 tons)
  4. Iraq (4.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for evaporated and condensed milk 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 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed

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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