Broken Rice Price in Jordan - 2022
Contents:
Broken Rice Price in Jordan (CIF) - 2022
The average broken rice import price stood at $506 per ton in 2022, rising by 3% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broken rice import price decreased by -32.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 92%. As a result, import price reached the peak level of $751 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($523 per ton) and the United Arab Emirates ($478 per ton), while the price for Pakistan ($386 per ton) and India ($397 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced a decline.
Broken Rice Imports in Jordan
In 2022, the amount of broken rice imported into Jordan expanded rapidly to 1.6K tons, surging by 7.2% against the previous year's figure. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,320% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, broken rice imports expanded markedly to $819K in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,324% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Broken Rice in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.4 | 33.9 | 247 | 654 | 265.4% |
| United Arab Emirates | 13.9 | 13.4 | 8.9 | 112 | 100.5% |
| Pakistan | 4.2 | 3.1 | 18.6 | 41.2 | 114.1% |
| India | 7.4 | 1.5 | 6.6 | 9.7 | 9.4% |
| United States | 337 | N/A | 460 | N/A | 16.8% |
| Others | 0.4 | 0.2 | 0.8 | 2.3 | 79.2% |
| Total | 376 | 52.1 | 742 | 819 | 29.6% |
Top Suppliers of Broken Rice to Jordan in 2022:
- China (1250.8 tons)
- United Arab Emirates (234.0 tons)
- Pakistan (106.7 tons)
- India (24.5 tons)
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