Concentrated Orange Juice Price in Jordan - 2022
Contents:
- Concentrated Orange Juice Price in Jordan (CIF) - 2022
- Concentrated Orange Juice Price in Jordan (FOB) - 2022
- Concentrated Orange Juice Imports in Jordan
- Concentrated Orange Juice Exports in Jordan
Concentrated Orange Juice Price in Jordan (CIF) - 2022
In 2022, the average concentrated orange juice import price amounted to $3,093 per ton, approximately reflecting the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +9.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concentrated orange juice import price increased by +44.1% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 63% against the previous year. The import price peaked at $3,139 per ton in 2021, and then shrank slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($3,642 per ton), while the price for Cyprus ($1,959 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Concentrated Orange Juice Price in Jordan (FOB) - 2022
The average concentrated orange juice export price stood at $1,955 per ton in 2022, growing by 195% against the previous year. Overall, the export price continues to indicate resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +14.9% per year.
Concentrated Orange Juice Imports in Jordan
Concentrated orange juice imports into Jordan shrank rapidly to 301 tons in 2022, dropping by -39.3% against 2021 figures. Overall, imports saw a significant decline. The smallest decline of -3% was in 2021.
In value terms, concentrated orange juice imports contracted dramatically to $930K in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8%.
| Import of Concentrated Orange Juice in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 63.8 | 423 | 515 | 369 | 79.5% |
| Egypt | 228 | 249 | 348 | 275 | 6.4% |
| Netherlands | 1,005 | 453 | 489 | 253 | -36.9% |
| Cyprus | N/A | N/A | N/A | 27.0 | 0% |
| United Arab Emirates | 402 | 201 | 26.6 | N/A | -74.3% |
| Others | 59.4 | 90.7 | 176 | 5.7 | -54.2% |
| Total | 1,758 | 1,416 | 1,555 | 930 | -19.1% |
Top Suppliers of Concentrated Orange Juice to Jordan in 2022:
- Brazil (101.2 tons)
- Netherlands (91.7 tons)
- Egypt (91.0 tons)
- Cyprus (13.8 tons)
Concentrated Orange Juice Exports in Jordan
In 2022, shipments abroad of concentrated orange juice decreased by -34.7% to 29 tons, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. As a result, the exports attained the peak of 255 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, concentrated orange juice exports surged to $57K in 2022. Overall, exports faced a abrupt shrinkage.
| Export of Concentrated Orange Juice in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | N/A | N/A | N/A | 56.9 | 0% |
| United States | N/A | 110 | N/A | N/A | 0% |
| United Arab Emirates | 22.7 | 68.9 | 29.5 | N/A | 14.0% |
| Mexico | 42.4 | N/A | N/A | N/A | 0% |
| Iraq | 41.3 | N/A | N/A | N/A | 0% |
| Others | 4.4 | N/A | N/A | N/A | 0% |
| Total | 111 | 179 | 29.5 | 56.9 | -20.0% |
Top Export Markets for Concentrated Orange Juice from Jordan in 2022:
- Free Zones (29.1 tons)
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