Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan (CIF) - 2022
  2. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan (FOB) - 2022
  3. Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan
  4. Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan (CIF) - 2022

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $3,334 per ton in 2022, rising by 22% against the previous year. Overall, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 63% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,334 per ton), while the price for Paraguay ($3,334 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan (FOB) - 2022

The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $999 per ton in 2022, falling by -58.1% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2013 when the average export price increased by 35% against the previous year. The export price peaked at $6,731 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($2,018 per ton), while the average price for exports to Free Zones stood at $759 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+83.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan

In 2022, purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -83.9% to 21 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 9.6%. As a result, imports reached the peak of 166 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell dramatically to $70K in 2022. Overall, imports continue to indicate a significant curtailment. The growth pace was the most rapid in 2020 when imports increased by 79% against the previous year. As a result, imports attained the peak of $376K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil53.612557.949.2-2.8%
Netherlands11.93.70.512.41.4%
Paraguay3.53.81.68.534.4%
United Kingdom4.98.1N/AN/A65.3%
India83.0168280N/A83.7%
United States9.710.95.3N/A-26.1%
Others43.556.211.9N/A-47.7%
Total21037635770.1-30.6%

Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Jordan in 2022:

  1. Brazil (14.8 tons)
  2. Netherlands (3.7 tons)
  3. Paraguay (2.5 tons)

Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan

For the fourth consecutive year, Jordan recorded growth in overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens, which increased by 90% to 80 tons in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 237%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens dropped rapidly to $80K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 89%.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones9.118.96.149.075.3%
Azerbaijan10.729.63.430.742.1%
LebanonN/A10.91.5N/A-86.2%
KuwaitN/AN/A6.5N/A0%
Saudi ArabiaN/AN/A82.6N/A0%
Others11.6N/AN/AN/A0%
Total31.459.410079.736.4%

Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Jordan in 2022:

  1. Free Zones (64.6 tons)
  2. Azerbaijan (15.2 tons)

Source: IndexBox Market Intelligence Platform

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