Price for Meat of Bovine Animals; Fresh or Chilled in Jordan - 2022

Contents:

  1. Price for Meat of Bovine Animals; Fresh or Chilled in Jordan (CIF) - 2022
  2. Price for Meat of Bovine Animals; Fresh or Chilled in Jordan (FOB) - 2022
  3. Imports of Meat of Bovine Animals; Fresh or Chilled in Jordan
  4. Exports of Meat of Bovine Animals; Fresh or Chilled in Jordan

Price for Meat of Bovine Animals; Fresh or Chilled in Jordan (CIF) - 2022

The average import price for meat of bovine animals; fresh or chilled stood at $9,853 per ton in 2022, picking up by 17% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 63%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($9,958 per ton) and South Africa ($9,958 per ton), while the price for Australia ($9,501 per ton) and Brazil ($9,958 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Bovine Animals; Fresh or Chilled in Jordan (FOB) - 2022

The average export price for meat of bovine animals; fresh or chilled stood at $9,819 per ton in 2022, rising by 76% against the previous year. Over the period under review, the export price posted a strong increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 128%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +73.2% per year.

Imports of Meat of Bovine Animals; Fresh or Chilled in Jordan

In 2022, approx. 6.8K tons of meat of bovine animals; fresh or chilled were imported into Jordan; waning by -43.7% compared with the previous year. In general, imports saw a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 0.8%.

In value terms, imports of meat of bovine animals; fresh or chilled shrank significantly to $67M in 2022. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year.

Import of Meat of Bovine Animals; Fresh or Chilled in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.54.519.625.894.6%
Brazil48.737.641.622.5-22.7%
South Africa10.119.412.912.88.2%
Australia1.96.93.02.611.0%
Colombia8.416.818.32.3-35.1%
China2.22.01.7N/A-12.1%
Others3.96.25.71.6-25.7%
Total78.893.310367.5-5.0%

Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Jordan in 2022:

  1. India (2.6K tons)
  2. Brazil (2.3K tons)
  3. South Africa (1.3K tons)
  4. Australia (0.3K tons)
  5. Colombia (0.2K tons)

Exports of Meat of Bovine Animals; Fresh or Chilled in Jordan

In 2022, shipments abroad of meat of bovine animals; fresh or chilled decreased by -81.1% to 5 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 14%. As a result, the exports attained the peak of 53 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of meat of bovine animals; fresh or chilled contracted significantly to $49K in 2022. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 161% against the previous year. As a result, the exports attained the peak of $399K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Meat of Bovine Animals; Fresh or Chilled in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar9.318.515.748.973.9%
Kuwait36.860.87.0N/A-56.4%
Iraq17.917.04.2N/A-51.6%
Oman27.58.029.5N/A3.6%
SudanN/AN/A42.7N/A0%
Yemen8.114.310.7N/A14.9%
Saudi Arabia49.926330.3N/A-22.1%
Others3.517.97.1N/A42.4%
Total15339914748.9-31.6%

Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Jordan in 2022:

  1. Qatar (5.0 tons)

Source: IndexBox Market Intelligence Platform

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