Price for Flour, Meal, and Flakes of Potatoes in Jordan - 2022

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Jordan (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Jordan (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Jordan
4. Exports of Flour, Meal, and Flakes of Potatoes in Jordan

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

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $1,548 per ton, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2019 an increase of 33%. As a result, import price reached the peak level of $1,760 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($1,578 per ton) and the Netherlands ($1,578 per ton), while the price for Germany ($1,534 per ton) and Belgium ($1,578 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $1,507 per ton, which is down by -24.6% against the previous year. Overall, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2019 an increase of 140% against the previous year. As a result, the export price reached the peak level of $3,084 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,522 per ton), while the average price for exports to Saudi Arabia stood at $1,497 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Jordan

In 2022, purchases abroad of flour, meal, and flakes of potatoeses was finally on the rise to reach 2.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. 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.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $3.2M in 2022. Overall, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (1392.4 tons)
2. Denmark (485.4 tons)
3. Belgium (110.4 tons)
4. Netherlands (21.4 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Jordan

After three years of growth, overseas shipments of flour, meal, and flakes of potatoeses decreased by -62.5% to 66 tons in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,386%.

In value terms, exports of flour, meal, and flakes of potatoeses reduced markedly to $100K in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 840%.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Jordan in 2022:

1. Saudi Arabia (39.4 tons)
2. United Kingdom (26.9 tons)

Source: IndexBox Market Intelligence Platform