Jordan - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Pyrethrum and Peppermint Price in Jordan - 2022

Contents:

  1. Pyrethrum and Peppermint Price in Jordan (CIF) - 2022
  2. Pyrethrum and Peppermint Price in Jordan (FOB) - 2022
  3. Pyrethrum and Peppermint Imports in Jordan
  4. Pyrethrum and Peppermint Exports in Jordan

Pyrethrum and Peppermint Price in Jordan (CIF) - 2022

The average pyrethrum and peppermint import price stood at $6,091 per ton in 2022, rising by 8.6% against the previous year. In general, the import price saw prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 156%. Over the period under review, average import prices reached the peak figure 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 Sudan ($6,127 per ton) and India ($6,126 per ton), while the price for China ($6,126 per ton) and Syrian Arab Republic ($6,126 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Pyrethrum and Peppermint Price in Jordan (FOB) - 2022

In 2022, the average pyrethrum and peppermint export price amounted to $6,568 per ton, growing by 7.3% against the previous year. Overall, the export price showed strong growth. The growth pace was the most rapid in 2020 an increase of 157% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lebanon ($6,568 per ton) and the United States ($6,568 per ton), while the average price for exports to Free Zones ($6,568 per ton) and Kuwait ($6,568 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 Palestine (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum and Peppermint Imports in Jordan

In 2022, approx. 498 tons of pyrethrum and peppermint were imported into Jordan; which is down by -31% against 2021 figures. In general, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 7.6% against the previous year.

In value terms, pyrethrum and peppermint imports fell dramatically to $3M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 42%.

Import of Pyrethrum and Peppermint in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt5506917801,21630.3%
Lebanon9581,595919661-11.6%
India282300785259-2.8%
Nigeria13740.625022417.8%
Syrian Arab RepublicN/AN/AN/A1740%
China1322051161504.4%
Saudi Arabia41.929.416.874.120.9%
Pakistan49.259.442.131.0-14.3%
Sudan94.733521.618.1-42.4%
United Arab Emirates96.21701,00814.8-46.4%
Others10960.911521425.2%
Total2,4503,4874,0543,0367.4%

Top Suppliers of Pyrethrum and Peppermint to Jordan in 2022:

  1. Egypt (198.5 tons)
  2. Lebanon (108.0 tons)
  3. India (42.3 tons)
  4. Nigeria (36.6 tons)
  5. Syrian Arab Republic (28.4 tons)
  6. China (24.4 tons)
  7. Saudi Arabia (12.1 tons)
  8. United Arab Emirates (5.3 tons)
  9. Pakistan (5.1 tons)
  10. Sudan (3.0 tons)

Pyrethrum and Peppermint Exports in Jordan

For the third year in a row, Jordan recorded decline in overseas shipments of pyrethrum and peppermint, which decreased by -17.6% to 69 tons in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage.

In value terms, pyrethrum and peppermint exports reduced to $451K in 2022. In general, exports showed a noticeable descent. The pace of growth was the most pronounced in 2020 when exports increased by 80% against the previous year. As a result, the exports reached the peak of $898K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Pyrethrum and Peppermint in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones254654208191-9.1%
Saudi Arabia36.5N/AN/A11345.7%
KuwaitN/A68.3N/A68.0-0.2%
Lebanon35.536.315356.817.0%
United States71.716.723.419.2-35.5%
Qatar77.096.151.02.8-66.9%
United Arab Emirates23.621.437.2N/A25.5%
Others1.55.738.1N/A404.0%
Total500898510451-3.4%

Top Export Markets for Pyrethrum and Peppermint from Jordan in 2022:

  1. Free Zones (29.1 tons)
  2. Saudi Arabia (17.2 tons)
  3. Kuwait (10.4 tons)
  4. Lebanon (8.6 tons)
  5. United States (2.9 tons)
  6. Qatar (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pyrethrum and peppermint market 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 754 - Pyrethrum, dried flowers
  • FCL 748 - Peppermint, Spearmint

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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