Jordan - Refined Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJordan: Market for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified 2024
Market Size for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified in Jordan
In 2022, the Jordanian market for sunflower-seed or safflower oil, refined, but not chemically modified decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, the total consumption indicated a temperate 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 2021 to 2022, the growth of the market failed to regain momentum.
Production of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified in Jordan
In value terms, production of sunflower-seed or safflower oil, refined, but not chemically modified stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.
Exports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified
Exports from Jordan
In 2022, the amount of sunflower-seed or safflower oil, refined, but not chemically modified exported from Jordan declined rapidly to X tons, with a decrease of X% compared with the previous year's figure. Over the period under review, exports faced a precipitous decrease. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified reduced remarkably to $X in 2022. Overall, exports recorded a sharp setback. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Syrian Arab Republic (X tons) was the main destination for exports of sunflower-seed or safflower oil, refined, but not chemically modified from Jordan, with a X% share of total exports. Moreover, exports of sunflower-seed or safflower oil, refined, but not chemically modified to Syrian Arab Republic exceeded the volume sent to the second major destination, Free Zones (X tons), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Syrian Arab Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and the United Arab Emirates (X% per year).
In value terms, Syrian Arab Republic ($X) remains the key foreign market for sunflower-seed or safflower oil, refined, but not chemically modified exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Free Zones ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.
From 2012 to 2022, the average annual growth rate of value to Syrian Arab Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and Iraq (X% per year).
Export Prices by Country
The average export price for sunflower-seed or safflower oil, refined, but not chemically modified stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to the United Arab Emirates ($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 Syrian Arab Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified
Imports into Jordan
In 2022, approx. X tons of sunflower-seed or safflower oil, refined, but not chemically modified were imported into Jordan; which is down by X% on 2021 figures. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified surged to $X in 2022. Overall, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Imports by Country
Ukraine (X tons), Saudi Arabia (X tons) and Russia (X tons) were the main suppliers of imports of sunflower-seed or safflower oil, refined, but not chemically modified to Jordan, together accounting for X% of total imports. Turkey and Egypt lagged somewhat behind, together comprising a further X%.
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest sunflower-seed or safflower oil, refined, but not chemically modified suppliers to Jordan were Ukraine ($X), Saudi Arabia ($X) and Russia ($X), together accounting for X% of total imports.
Among the main suppliers, Russia, with a CAGR of X%, saw 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 sunflower-seed or safflower oil, refined, but not chemically modified stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price posted moderate growth. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($X per ton) and Ukraine ($X per ton), while the price for Turkey ($X per ton) and Egypt ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for sunflower-seed or safflower oil, refined, but not chemically modified in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10415400 - Refined sunflower-seed and safflower oil and their fractions (excluding chemically modified)
Country coverage:
- Jordan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Jordan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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