Price for Cereals; Oats, Other than Seed in Jordan - 2022

Contents:

  1. Price for Cereals; Oats, Other than Seed in Jordan (CIF) - 2022
  2. Price for Cereals; Oats, Other than Seed in Jordan (FOB) - 2022
  3. Imports of Cereals; Oats, Other than Seed in Jordan
  4. Exports of Cereals; Oats, Other than Seed in Jordan

Price for Cereals; Oats, Other than Seed in Jordan (CIF) - 2022

The average import price for cereals; oats, other than seeds stood at $1,182 per ton in 2022, shrinking by -27.2% against the previous year. Overall, the import price saw a drastic downturn. The growth pace was the most rapid in 2013 an increase of 16%. The import price peaked at $2,525 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($2,712 per ton), while the price for China ($521 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Cereals; Oats, Other than Seed in Jordan (FOB) - 2022

In 2022, the average export price for cereals; oats, other than seeds amounted to $1,974 per ton, dropping by -10.2% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; oats, other than seed export price increased by +105.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 102%. The export price peaked at $2,539 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 Kuwait ($2,302 per ton), while the average price for exports to Saudi Arabia amounted to $1,916 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+36.8%).

Imports of Cereals; Oats, Other than Seed in Jordan

In 2022, cereals; oats, other than seed imports into Jordan soared to 171 tons, growing by 120% on 2021. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; oats, other than seed imports skyrocketed to $203K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Oats, Other than Seed in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates23.310.830.610665.7%
United States23.165.554.224.92.5%
BulgariaN/AN/AN/A16.00%
China16.419.310.214.3-4.5%
Canada26.310.36.711.4-24.3%
Ukraine23.146.27.710.1-24.1%
Saudi Arabia13.911.05.99.9-10.7%
Latvia17.9N/A5.0N/A-47.1%
Others22.912.36.310.4-23.1%
Total1671751272036.7%

Top Suppliers of Cereals; Oats, Other than Seed to Jordan in 2022:

  1. United Arab Emirates (100.8 tons)
  2. China (27.4 tons)
  3. United States (11.7 tons)
  4. Saudi Arabia (10.0 tons)
  5. Canada (8.0 tons)
  6. Ukraine (6.6 tons)
  7. Bulgaria (5.9 tons)

Exports of Cereals; Oats, Other than Seed in Jordan

In 2022, after two years of decline, there was significant growth in overseas shipments of cereals; oats, other than seeds, when their volume increased by 61% to 2.9 tons. Overall, exports, however, saw a sharp setback.

In value terms, cereals; oats, other than seed exports soared to $5.7K in 2022. In general, exports, however, showed a sharp decline.

Export of Cereals; Oats, Other than Seed in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia12.08.02.44.7-26.8%
Kuwait0.34.51.61.049.4%
OthersN/AN/AN/AN/A0%
Total12.412.53.95.7-22.8%

Top Export Markets for Cereals; Oats, Other than Seed from Jordan in 2022:

  1. Saudi Arabia (2.5 tons)
  2. Kuwait (0.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; oats, other than seed - Jordan