Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan - 2022
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan (CIF) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan (CIF) - 2022
In 2022, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,738 per ton, jumping by 26% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 28%. Over the period under review, average import prices attained the peak figure at $4,792 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 Oman ($5,308 per ton), while the price for Malaysia ($3,368 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan (FOB) - 2022
In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $5,794 per ton, with an increase of 85% against the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 147% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($9,632 per ton), while the average price for exports to Kenya ($2,245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+53.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan
In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% imported into Jordan skyrocketed to 14K tons, picking up by 72% compared with the previous year. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 141%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $64M in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 208%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.3 | 13.4 | 15.2 | 26.7 | 83.8% |
| Oman | 0.7 | N/A | 4.5 | 9.6 | 139.4% |
| Belgium | N/A | 0.2 | 1.0 | 1.3 | 155.0% |
| Denmark | 0.2 | 0.8 | 1.1 | 1.1 | 76.5% |
| Singapore | N/A | 0.1 | 0.4 | 1.0 | 216.2% |
| Others | 0.6 | 3.2 | 7.6 | 24.6 | 244.8% |
| Total | 5.8 | 17.8 | 29.8 | 64.3 | 123.0% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Jordan in 2022:
- United Arab Emirates (6.2K tons)
- Oman (1.8K tons)
- Singapore (0.3K tons)
- Belgium (0.3K tons)
- Denmark (0.2K tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan
In 2022, exports of powdered unsweetened milk and cream of fat weight content over 1.5% from Jordan stood at 126 tons, therefore, remained relatively stable against the previous year. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $728K in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 114% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 48.5 | N/A | N/A | 351 | 93.4% |
| Saudi Arabia | 48.2 | 95.3 | 143 | 206 | 62.3% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 86.8 | 0% |
| Free Zones | 46.8 | 156 | 28.9 | 65.8 | 12.0% |
| Kenya | 4.8 | 13.4 | 33.6 | 11.2 | 32.6% |
| Tanzania | 1.4 | N/A | N/A | N/A | 0% |
| Mauritania | N/A | N/A | 168 | N/A | 0% |
| Others | 52.2 | 166 | 17.9 | 7.4 | -47.9% |
| Total | 202 | 431 | 391 | 728 | 53.3% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Jordan in 2022:
- Saudi Arabia (55.9 tons)
- Angola (36.5 tons)
- Democratic Republic of the Congo (14.3 tons)
- Free Zones (12.2 tons)
- Kenya (5.0 tons)
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