Price for Flour and Meal; of Potatoes in Jordan - 2022

Price for Flour and Meal; of Potatoes in Jordan (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $1,468 per ton in 2022, with an increase of 7.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2019 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $1,844 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +29.0% per year.

Price for Flour and Meal; of Potatoes in Jordan (FOB) - 2022

In 2022, the average export price for flour and meal; of potatoeses amounted to $1,425 per ton, reducing by -32% against the previous year. Overall, the export price, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2014 an increase of 85% against the previous year. The export price peaked at $2,750 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 Saudi Arabia amounted to +4.6% per year.

Imports of Flour and Meal; of Potatoes in Jordan

In 2022, flour and meal; of potatoes imports into Jordan rose modestly to 344 tons, with an increase of 3.7% compared with 2021 figures. Overall, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year.

In value terms, flour and meal; of potatoes imports rose markedly to $505K in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.

Import of Flour and Meal; of Potatoes in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	399	193	213	505	8.2%
Belgium	59.6	42.2	44.8	N/A	-13.3%
United States	5.9	37.6	58.8	N/A	215.7%
Poland	47.3	18.0	10.3	N/A	-53.3%
Denmark	66.7	44.4	44.4	N/A	-18.4%
Egypt	13.4	12.0	12.3	N/A	-4.2%
Netherlands	96.3	15.2	58.6	N/A	-22.0%
Others	80.5	20.8	12.4	N/A	-60.8%
Total	768	383	455	505	-13.0%

Top Suppliers of Flour and Meal; of Potatoes to Jordan in 2022:

Germany (344.3 tons)

Exports of Flour and Meal; of Potatoes in Jordan

After two years of decline, shipments abroad of flour and meal; of potatoeses increased by 4,549% to 27 tons in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes exports skyrocketed to $39K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.