Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan (CIF) - 2022
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,906 per ton in 2022, with an increase of 4.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2013 when the average import price increased by 11%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($4,038 per ton) and the United Arab Emirates ($3,912 per ton), while the price for Turkey ($3,900 per ton) and Egypt ($3,900 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,298 per ton, surging by 3.8% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for soups and broths and preparations therefor; homogenised composite food preparationses increased by +66.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 28%. Over the period under review, the average export prices attained the peak figure 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 the United States ($3,766 per ton) and Saudi Arabia ($3,283 per ton), while the average price for exports to Kuwait ($3,212 per ton) and Yemen ($3,212 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 Qatar (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan
In 2022, overseas purchases of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -39.8% to 3.2K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 6.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses shrank markedly to $12M in 2022. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 11.5 | 13.9 | 12.8 | 7.5 | -13.3% |
| United Arab Emirates | 6.3 | 7.2 | 6.2 | 4.1 | -13.3% |
| Saudi Arabia | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Others | 0.9 | 0.6 | 0.4 | 0.4 | -23.7% |
| Total | 19.0 | 22.1 | 19.7 | 12.3 | -13.5% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Jordan in 2022:
- Egypt (1921.6 tons)
- United Arab Emirates (1056.1 tons)
- Saudi Arabia (79.1 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses exported from Jordan totaled 958 tons, increasing by 10% compared with the previous year. The total export volume increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 24%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses stood at $3.2M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 59%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 358 | 1,351 | 1,188 | 1,240 | 51.3% |
| Iraq | 237 | 246 | 496 | 460 | 24.7% |
| United States | 214 | 41.8 | 363 | 454 | 28.5% |
| Saudi Arabia | 0.8 | 89.3 | N/A | 313 | 631.4% |
| Qatar | 88.5 | 92.0 | 159 | 262 | 43.6% |
| United Arab Emirates | 65.5 | 107 | 184 | 189 | 42.4% |
| Free Zones | N/A | N/A | 30.2 | 54.0 | 78.8% |
| Others | 327 | 129 | 346 | 188 | -16.8% |
| Total | 1,291 | 2,055 | 2,766 | 3,158 | 34.7% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Jordan in 2022:
- Yemen (386.0 tons)
- Iraq (143.1 tons)
- United States (120.6 tons)
- Saudi Arabia (95.4 tons)
- Qatar (81.1 tons)
- United Arab Emirates (58.7 tons)
- Free Zones (16.8 tons)
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