Price for Fish Meal; Fit for Human Consumption in Jordan - 2022

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Jordan (FOB) - 2022
2. Price for Fish Meal; Fit for Human Consumption in Jordan (CIF) - 2022
3. Exports of Fish Meal; Fit for Human Consumption in Jordan
4. Imports of Fish Meal; Fit for Human Consumption in Jordan

Price for Fish Meal; Fit for Human Consumption in Jordan (FOB) - 2022

The average export price for fish meal; fit for human consumptia stood at $4,114 per ton in 2022, approximately equating the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 112% against the previous year. As a result, the export price attained the peak level of $12,059 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,778 per ton), while the average price for exports to Kuwait stood at $4,017 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-5.4%), while the prices for the other major destinations experienced a decline.

Price for Fish Meal; Fit for Human Consumption in Jordan (CIF) - 2022

The average import price for fish meal; fit for human consumptia stood at $10,592 per ton in 2020, growing by 78% against the previous year. Overall, the import price posted a mild increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Sri Lanka ($10,621 per ton), while the price for South Korea ($10,590 per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Ireland (-5.3%), while the prices for the other major suppliers experienced a decline.

Exports of Fish Meal; Fit for Human Consumption in Jordan

In 2022, approx. 533 kg of fish meal; fit for human consumptia were exported from Jordan; surging by 1.5% on the previous year's figure. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 278%. As a result, the exports reached the peak of 850 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fish meal; fit for human consumptia totaled $2.2K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 179% against the previous year. As a result, the exports attained the peak of $2.6K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Fish Meal; Fit for Human Consumption from Jordan in 2022:

1. Kuwait (524.0 kg)
2. Germany (9.0 kg)

Imports of Fish Meal; Fit for Human Consumption in Jordan

Imports of fish meal; fit for human consumptia into Jordan fell markedly to 1.9 tons in 2020, with a decrease of -73.3% against the previous year. Over the period under review, imports continue to indicate a dramatic shrinkage.

In value terms, imports of fish meal; fit for human consumptia reduced remarkably to $20K in 2020. Overall, imports saw a dramatic setback.

Top Suppliers of Fish Meal; Fit for Human Consumption to Jordan in 2022:

1. United Kingdom (456.0 kg)
2. South Korea (393.0 kg)
3. Sri Lanka (116.0 kg)

Source: IndexBox Market Intelligence Platform