Jordan: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Jordan

The Jordanian whole fresh milk market dropped to $X in 2022, declining by X% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Whole Fresh Milk Production in Jordan

In value terms, whole fresh milk production declined to $X in 2022 estimated in export price. In general, production, however, enjoyed a modest increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Whole Fresh Milk Exports

Exports from Jordan

In 2017, whole fresh milk exports from Jordan amounted to X tons, approximately mirroring 2016. Over the period under review, exports showed a pronounced decline. The smallest decline of X% was in 2016. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.

In value terms, whole fresh milk exports totaled $X in 2017. Overall, exports enjoyed significant growth. The smallest decline of X% was in 2016. Over the period under review, the exports attained the maximum in 2017 and are likely to see steady growth in years to come.

Exports by Country

Free Zones (X tons), Saudi Arabia (X tons) and Belgium (X tons) were the main destinations of whole fresh milk exports from Jordan, with a combined X% share of total exports.

From 2015 to 2017, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

From 2015 to 2017, the average annual growth rate of value to Free Zones was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2017, the average whole fresh milk export price amounted to $X per ton, standing approx. at the previous year. In general, the export price saw a significant increase. The pace of growth was the most pronounced in 2016 when the average export price decreased by X%. Over the period under review, the average export prices attained the peak figure in 2017 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2017, amid the top suppliers, the country with the highest price was Free Zones ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2015 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%).

Whole Fresh Milk Imports

Imports into Jordan

After three years of growth, purchases abroad of whole fresh milk decreased by X% to X tons in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then declined rapidly in the following year.

In value terms, whole fresh milk imports reduced rapidly to $X in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest whole fresh milk supplier to Jordan, with a X% share of total imports. Moreover, whole fresh milk imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of whole fresh milk to Jordan, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average whole fresh milk import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and Saudi Arabia ($X per ton), while the price for Slovakia ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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