Jordan - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Jordan - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights

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Price for Yoghurt and Fermented Milk in Jordan - 2022

Contents:

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

Price for Yoghurt and Fermented Milk in Jordan (CIF) - 2022

The average yoghurt and fermented milk import price stood at $1,971 per ton in December 2022, leveling off at the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 1.7% against the previous month. Over the period under review, average import prices attained the peak figure at $2,005 per ton in July 2022; afterwards, it flattened through to December 2022.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Bahrain ($2,056 per ton) and Egypt ($2,056 per ton), while the price for Spain ($1,899 per ton) and Saudi Arabia ($1,910 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 Germany (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yoghurt and Fermented Milk in Jordan (FOB) - 2022

In 2022, the average yoghurt and fermented milk export price amounted to $2,097 per ton, waning by -11.9% against the previous year. Overall, the export price, however, saw measured growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 90%. Over the period under review, the average export prices hit record highs at $4,240 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($2,097 per ton) and Saudi Arabia ($2,097 per ton), while the average price for exports to the United Arab Emirates ($2,097 per ton) and Canada ($2,097 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 Iraq (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yoghurt and Fermented Milk in Jordan

In 2022, supplies from abroad of yoghurt and fermented milk decreased by -11.8% to 9.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of 10K tons, and then shrank in the following year.

In value terms, yoghurt and fermented milk imports declined modestly to $18M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of $19M, and then declined modestly in the following year.

Import of Yoghurt and Fermented Milk in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia8.37.69.57.3-4.2%
Syrian Arab RepublicN/AN/AN/A6.80%
Egypt1.93.04.91.90.0%
Free Zones0.81.83.21.07.7%
Greece0.10.20.20.344.2%
Others2.11.20.90.9-24.6%
Total13.113.918.718.211.6%

Top Suppliers of Yoghurt and Fermented Milk to Jordan in 2022:

  1. Saudi Arabia (3.8K tons)
  2. Syrian Arab Republic (3.3K tons)
  3. Egypt (0.9K tons)
  4. Free Zones (0.5K tons)
  5. Greece (0.1K tons)

Exports of Yoghurt and Fermented Milk in Jordan

In 2022, after three years of growth, there was significant decline in shipments abroad of yoghurt and fermented milk, when their volume decreased by -28.7% to 1.2K tons. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 125% against the previous year.

In value terms, yoghurt and fermented milk exports reduced dramatically to $2.5M in 2022. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, the exports attained the peak of $5.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Yoghurt and Fermented Milk in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3941,9601,4221,4190.6%
United Arab Emirates3698248074688.2%
Saudi Arabia6471,316493213-31.0%
Qatar306375408187-15.1%
PalestineN/A6.249.383.3266.5%
Kuwait19.610371.360.545.6%
Canada86.211183.851.4-15.8%
Free ZonesN/A61559837.4-75.3%
Bahrain17048.225.317.4-53.2%
OthersN/A12788.53.9-82.5%
Total2,9915,4854,0452,542-5.3%

Top Export Markets for Yoghurt and Fermented Milk from Jordan in 2022:

  1. United States (676.8 tons)
  2. United Arab Emirates (223.1 tons)
  3. Saudi Arabia (101.8 tons)
  4. Qatar (89.3 tons)
  5. Palestine (39.7 tons)
  6. Kuwait (28.9 tons)
  7. Canada (24.5 tons)
  8. Free Zones (17.8 tons)
  9. Bahrain (8.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for yoghurt and fermented 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 891 - Yoghurt
  • FCL 892 - Yoghurt, Concentrated or Unconcent
  • FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
  • FCL 899 - Dry Buttermilk

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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