Cereals; Millet, Seed Price in Jordan - 2022
Contents:
Cereals; Millet, Seed Price in Jordan (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $720 per ton, growing by 27% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, seed import price increased by +25.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 34% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($755 per ton), while the price for the United States stood at $657 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.7%).
Cereals; Millet, Seed Imports in Jordan
Cereals; millet, seed imports into Jordan declined sharply to 72 tons in 2022, which is down by -69.4% compared with the year before. Over the period under review, imports showed a precipitous shrinkage. The smallest decline of -23% was in 2020.
In value terms, cereals; millet, seed imports declined markedly to $52K in 2022. In general, imports recorded a significant decline. The smallest decline of -29.8% was in 2020.
| Import of Cereals; Millet, Seed in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 143 | 85.6 | 68.8 | 35.2 | -37.3% |
| United States | 165 | 129 | 63.1 | 16.8 | -53.3% |
| Others | N/A | 1.6 | 2.2 | N/A | 37.5% |
| Total | 308 | 216 | 134 | 52.1 | -44.7% |
Top Suppliers of Cereals; Millet, Seed to Jordan in 2022:
- Canada (46.7 tons)
- United States (25.6 tons)
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