Cereals; Millet Price in Jordan - 2022
Contents:
Cereals; Millet Price in Jordan (CIF) - 2022
In 2022, the average cereals; millet import price amounted to $456 per ton, increasing by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +4.7%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +5.0% per year.
Cereals; Millet Imports in Jordan
For the fourth year in a row, Jordan recorded growth in supplies from abroad of cereals; millets, which increased by 0.2% to 341 tons in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 0.2%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cereals; millet imports rose slightly to $155K in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereals; Millet in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 145 | 148 | 152 | 155 | 2.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 145 | 148 | 152 | 155 | 2.2% |
Top Suppliers of Cereals; Millet to Jordan in 2022:
- Ukraine (341.1 tons)
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