Jordan: Market for Powdered, Evaporated And Condensed Milk 2024

Market Size for Powdered, Evaporated And Condensed Milk in Jordan

The Jordanian market for powdered, evaporated and condensed milk amounted to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Powdered, Evaporated And Condensed Milk in Jordan

In value terms, powdered, evaporated and condensed milk production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with a decrease of X% against the previous year. Over the period under review, production attained the peak level in 2022 and is likely to see steady growth in years to come.

Exports of Powdered, Evaporated And Condensed Milk

Exports from Jordan

Powdered, evaporated and condensed milk exports from Jordan contracted dramatically to X tons in 2022, with a decrease of X% against the year before. Overall, exports showed a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, powdered, evaporated and condensed milk exports dropped remarkably to $X in 2022. In general, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X tons), Free Zones (X tons) and the United Arab Emirates (X tons) were the main destinations of powdered, evaporated and condensed milk exports from Jordan, together accounting for X% of total exports. Saudi Arabia, Kuwait and Oman lagged somewhat behind, together accounting for a further X%.

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

In value terms, Iraq ($X), Free Zones ($X) and the United Arab Emirates ($X) were the largest markets for powdered, evaporated and condensed milk exported from Jordan worldwide, with a combined X% share of total exports. Saudi Arabia, Oman and Kuwait lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for powdered, evaporated and condensed milk amounted to $X per ton, growing by X% against the previous year. Overall, export price indicated modest growth 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, powdered, evaporated and condensed milk export price increased by X% against 2019 indices. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Kuwait ($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 Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powdered, Evaporated And Condensed Milk

Imports into Jordan

In 2022, overseas purchases of powdered, evaporated and condensed milk decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, total imports indicated noticeable growth from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, powdered, evaporated and condensed milk imports amounted to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

New Zealand (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the main suppliers of powdered, evaporated and condensed milk imports to Jordan, with a combined X% share of total imports. Denmark, the Netherlands, Kuwait, Poland, Belgium and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest powdered, evaporated and condensed milk suppliers to Jordan were New Zealand ($X), the United Arab Emirates ($X) and Denmark ($X), together comprising X% of total imports. Saudi Arabia, Poland, the Netherlands, Kuwait, Germany and Belgium lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Kuwait, with a CAGR of X%, recorded 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 import price for powdered, evaporated and condensed milk stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, recorded a mild decrease. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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