Fresh Chicken Cut Price in Jordan - 2022
Contents:
Fresh Chicken Cut Price in Jordan (FOB) - 2022
In 2022, the average fresh chicken cut export price amounted to $3,074 per ton, growing by 16% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22%. The export price peaked at $4,163 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($3,074 per ton), while the average price for exports to Saudi Arabia stood at $3,074 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+3.0%), while the prices for the other major destinations experienced a decline.
Fresh Chicken Cut Exports in Jordan
For the fourth consecutive year, Jordan recorded growth in shipments abroad of fresh or chilled cuts of chicken, which increased by 58% to 11K tons in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 135% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, fresh chicken cut exports soared to $32M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 188% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Fresh Chicken Cut in Jordan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 1.1 | 5.4 | 9.5 | 21.1 | 167.7% |
Iraq | 2.8 | 6.6 | 7.4 | 10.8 | 56.8% |
Others | 0.7 | 1.5 | 0.7 | 0.5 | -10.6% |
Total | 4.7 | 13.5 | 17.6 | 32.4 | 90.3% |
Top Export Markets for Fresh Chicken Cut from Jordan in 2022:
- Saudi Arabia (6.9K tons)
- Iraq (3.5K tons)
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