Price for Protein; Concentrates and Textured Protein Substances in Jordan - 2022

Contents:

1. Price for Protein; Concentrates and Textured Protein Substances in Jordan (CIF) - 2022
2. Price for Protein; Concentrates and Textured Protein Substances in Jordan (FOB) - 2022
3. Imports of Protein; Concentrates and Textured Protein Substances in Jordan
4. Exports of Protein; Concentrates and Textured Protein Substances in Jordan

Price for Protein; Concentrates and Textured Protein Substances in Jordan (CIF) - 2022

The average import price for protein; concentrates and textured protein substanceses stood at $5,702 per ton in 2022, picking up by 7.4% against the previous year. Overall, the import price posted a strong increase. The growth pace was the most rapid in 2020 when the average import price increased by 91% against the previous year. Over the period under review, average import prices reached the maximum 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 countries with the highest prices were Argentina ($5,702 per ton) and India ($5,702 per ton), while the price for China ($5,702 per ton) and Serbia ($5,702 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Protein; Concentrates and Textured Protein Substances in Jordan (FOB) - 2022

In April 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $6,597 per ton, standing approximately at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked in April 2022.

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

From January 2022 to April 2022, the rate of growth in terms of prices for Free Zones amounted to 0.0% per month.

Imports of Protein; Concentrates and Textured Protein Substances in Jordan

In 2022, after two years of decline, there was significant growth in supplies from abroad of protein; concentrates and textured protein substanceses, when their volume increased by 63% to 1.3K tons. Over the period under review, imports, however, recorded a abrupt curtailment.

In value terms, imports of protein; concentrates and textured protein substanceses surged to $7.1M in 2022. Overall, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Jordan in 2022:

1. Brazil (407.1 tons)
2. United States (329.2 tons)
3. China (156.7 tons)
4. Netherlands (133.5 tons)
5. India (108.5 tons)
6. Serbia (80.3 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Jordan

For the third year in a row, Jordan recorded decline in shipments abroad of protein; concentrates and textured protein substanceses, which decreased by -63.4% to 44 tons in 2022. Overall, exports faced a dramatic contraction. The smallest decline of -10.8% was in 2021.

In value terms, exports of protein; concentrates and textured protein substanceses reduced notably to $292K in 2022. Over the period under review, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 38%.

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Jordan in 2022:

1. Free Zones (44.3 tons)

Source: IndexBox Market Intelligence Platform