Jordan - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVirgin Olive Oil Price in Jordan - 2021
Contents:
- Virgin Olive Oil Price in Jordan (FOB) - 2022
- Virgin Olive Oil Price in Jordan (CIF) - 2022
- Virgin Olive Oil Exports in Jordan
- Virgin Olive Oil Imports in Jordan
Virgin Olive Oil Price in Jordan (FOB) - 2022
In 2022, the average virgin olive oil export price amounted to $2,301 per ton, falling by -4.5% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 6.8%. The export price peaked at $4,493 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($4,556 per ton), while the average price for exports to Israel ($899 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Virgin Olive Oil Price in Jordan (CIF) - 2022
In 2022, the average virgin olive oil import price amounted to $2,783 per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2013 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure at $3,404 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($2,846 per ton), while the price for Saudi Arabia ($2,073 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+2.2%), while the prices for the other major suppliers experienced a decline.
Virgin Olive Oil Exports in Jordan
In 2022, the amount of virgin olive oil exported from Jordan reached 4.8K tons, increasing by 5.2% on 2021. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 937%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, virgin olive oil exports amounted to $11M in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 766% against the previous year. As a result, the exports reached the peak of $11M; afterwards, it flattened through to 2022.
| Export of Virgin Olive Oil in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.4 | 4.7 | 4.8 | 4.7 | 127.3% |
| United Arab Emirates | N/A | 1.8 | 2.2 | 2.1 | 8.0% |
| Kuwait | 0.3 | 1.9 | 1.8 | 1.7 | 78.3% |
| Qatar | 0.1 | 0.7 | 0.7 | 0.7 | 91.3% |
| Oman | N/A | 0.4 | 0.4 | 0.4 | 0.0% |
| Bahrain | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
| Russia | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.4 | 1.2 | 0.8 | 1.0 | 35.7% |
| Total | 1.3 | 11.1 | 11.0 | 11.1 | 104.4% |
Top Export Markets for Virgin Olive Oil from Jordan in 2022:
- United Arab Emirates (2213.3 tons)
- Saudi Arabia (1039.1 tons)
- Qatar (529.0 tons)
- Kuwait (377.2 tons)
- Bahrain (168.5 tons)
- Oman (130.7 tons)
- Russia (86.2 tons)
Virgin Olive Oil Imports in Jordan
Virgin olive oil imports into Jordan reduced remarkably to 871 tons in 2022, waning by -44.5% on 2021 figures. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 817% against the previous year. As a result, imports reached the peak of 1.6K tons, and then contracted significantly in the following year.
In value terms, virgin olive oil imports plummeted to $2.4M in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 784% against the previous year. As a result, imports attained the peak of $4.4M, and then dropped markedly in the following year.
| Import of Virgin Olive Oil in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 2,220 | 340 | 3,761 | 2,065 | -2.4% |
| Spain | 358 | 29.4 | 258 | 123 | -30.0% |
| Saudi Arabia | 65.2 | 29.1 | 103 | 45.0 | -11.6% |
| Others | 535 | 94.1 | 231 | 190 | -29.2% |
| Total | 3,178 | 493 | 4,353 | 2,423 | -8.6% |
Top Suppliers of Virgin Olive Oil to Jordan in 2022:
- Tunisia (725.6 tons)
- Spain (58.0 tons)
- Saudi Arabia (21.7 tons)
This report provides an in-depth analysis of the virgin olive oil 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 261 - Oil of Olives, Virgin
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the virgin olive oil market in Jordan.
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This report provides an in-depth analysis of the virgin olive oil market in Jordan.
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This report provides an in-depth analysis of the olive oil market in Jordan.
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This report provides an in-depth analysis of the refined olive oil market in Jordan.
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The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
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