Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan - 2022

Contents:

1. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan (CIF) - 2022
2. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan (FOB) - 2022
3. Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan
4. Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan (CIF) - 2022

In 2022, the average import price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $2,579 per ton, rising by 30% against the previous year. Over the period under review, the import price enjoyed a strong increase. The growth pace was the most rapid in 2020 an increase of 51% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Oman ($2,579 per ton) and Ukraine ($2,579 per ton), while the price for Malaysia ($2,579 per ton) and Sweden ($2,579 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan (FOB) - 2022

The average export price for liquid margarine and edible mixtures of animal or vegetable fats stood at $2,127 per ton in 2022, surging by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iraq ($2,127 per ton) and the United States ($2,127 per ton), while the average price for exports to Free Zones ($2,127 per ton) and Egypt ($2,127 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan

In 2022, approx. 13K tons of liquid margarine and edible mixtures of animal or vegetable fats were imported into Jordan; growing by 74% compared with the previous year's figure. Overall, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats skyrocketed to $33M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Jordan in 2022:

1. Saudi Arabia (3.4K tons)
2. Indonesia (2.5K tons)
3. Malaysia (2.1K tons)
4. Egypt (1.4K tons)
5. Oman (0.6K tons)
6. Turkey (0.5K tons)
7. Ukraine (0.4K tons)
8. Netherlands (0.4K tons)
9. United Arab Emirates (0.4K tons)
10. Sweden (0.3K tons)
11. United States (0.2K tons)

Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Jordan

After two years of decline, shipments abroad of liquid margarine and edible mixtures of animal or vegetable fats increased by 25% to 753 tons in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats skyrocketed to $1.6M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Jordan in 2022:

1. Saudi Arabia (259.6 tons)
2. United States (167.6 tons)
3. Free Zones (105.0 tons)
4. Egypt (83.0 tons)
5. Iraq (73.4 tons)
6. United Arab Emirates (62.4 tons)

Source: IndexBox Market Intelligence Platform