Price for Animal Products; Bovine Semen in Jordan - 2022

Contents:

  1. Price for Animal Products; Bovine Semen in Jordan (CIF) - 2022
  2. Price for Animal Products; Bovine Semen in Jordan (FOB) - 2022
  3. Imports of Animal Products; Bovine Semen in Jordan
  4. Exports of Animal Products; Bovine Semen in Jordan

Price for Animal Products; Bovine Semen in Jordan (CIF) - 2022

In 2022, the average animal products; bovine semen import price amounted to $688 per unit, surging by 64% against the previous year. Over the period under review, the import price showed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($711 per unit), while the price for Canada ($516 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Animal Products; Bovine Semen in Jordan (FOB) - 2022

In 2022, the average animal products; bovine semen export price amounted to $464 per unit, with an increase of 2.2% against the previous year. In general, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 92% against the previous year. The export price peaked at $2,928 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to -9.9% per year.

Imports of Animal Products; Bovine Semen in Jordan

In 2022, supplies from abroad of animal products; bovine semens decreased by -45.3% to 675 units, falling for the second year in a row after two years of growth. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, imports reached the peak of 1.5K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, animal products; bovine semen imports dropped to $465K in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 42%. As a result, imports attained the peak of $571K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Animal Products; Bovine Semen in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16527827940034.3%
Canada12517910133.5-35.5%
Germany23.813.127.131.49.7%
Spain55.770.278.4N/A18.6%
Netherlands9.09.18.2N/A-4.5%
Others23.421.125.8N/A5.0%
Total4015715194655.1%

Top Suppliers of Animal Products; Bovine Semen to Jordan in 2022:

  1. United States (562.0 units)
  2. Canada (65.0 units)
  3. Germany (45.0 units)

Exports of Animal Products; Bovine Semen in Jordan

In 2022, overseas shipments of animal products; bovine semens decreased by 0% to 1 units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a precipitous decline. The smallest decline of -50% was in 2020. Over the period under review, the exports hit record highs at 2 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, animal products; bovine semen exports rose to $464 in 2022. Overall, exports continue to indicate a pronounced decrease. Over the period under review, the exports attained the peak figure at $494 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Animal Products; Bovine Semen in Jordan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq488474454464-1.7%
Kuwait6.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total494474454464-2.1%

Top Export Markets for Animal Products; Bovine Semen from Jordan in 2022:

  1. Iraq (1.0 units)

Source: IndexBox Market Intelligence Platform

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