Jordan: Cheese And Curd Market 2024

Cheese And Curd Market Size in Jordan

The Jordanian cheese and curd market surged to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Cheese And Curd Production in Jordan

In value terms, cheese and curd production rose significantly to $X in 2022 estimated in export price. In general, production saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Cheese and curd production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cheese And Curd Exports

Exports from Jordan

In 2022, approx. X tons of cheese and curd were exported from Jordan; shrinking by X% against 2021 figures. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cheese and curd exports fell significantly to $X in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the main destinations of cheese and curd exports from Jordan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of X.7%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X) emerged as the key foreign market for cheese and curd exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Iraq totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average cheese and curd export price amounted to $X per ton, approximately equating the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cheese and curd export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to the United Arab Emirates ($X 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 Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Jordan

After two years of decline, overseas purchases of cheese and curd increased by X% to X tons in 2022. Over the period under review, imports, however, continue to indicate a mild curtailment. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cheese and curd imports soared to $X in 2022. In general, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), Egypt (X tons) and Turkey (X tons) were the main suppliers of cheese and curd imports to Jordan, with a combined X% share of total imports. Poland, Hungary, New Zealand, Belgium, Denmark, Germany, Bahrain, Cyprus, the United States and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Cyprus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Egypt ($X) and Turkey ($X) were the largest cheese and curd suppliers to Jordan.

In terms of the main suppliers, Cyprus, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cheese and curd import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bahrain ($X per ton) and New Zealand ($X per ton), while the price for Belgium ($X per ton) and Denmark ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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