Spices; Mixtures Price in Jordan - 2022

Contents:

  1. Spices; Mixtures Price in Jordan (CIF) - 2022
  2. Spices; Mixtures Price in Jordan (FOB) - 2022
  3. Spices; Mixtures Imports in Jordan
  4. Spices; Mixtures Exports in Jordan

Spices; Mixtures Price in Jordan (CIF) - 2022

In 2022, the average spices; mixtures import price amounted to $5,610 per ton, with a decrease of -11.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 75% against the previous year. The import price peaked at $6,307 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($6,012 per ton), while the price for Egypt ($2,993 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Spices; Mixtures Price in Jordan (FOB) - 2022

The average spices; mixtures export price stood at $6,151 per ton in 2022, falling by -4.3% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2016 an increase of 150% against the previous year. Over the period under review, the average export prices attained the maximum at $6,426 per ton in 2021, and then dropped in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($6,151 per ton) and the United States ($6,151 per ton), while the average price for exports to Saudi Arabia ($6,150 per ton) and Canada ($6,151 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+39.9%), while the prices for the other major destinations experienced more modest paces of growth.

Spices; Mixtures Imports in Jordan

In 2022, overseas purchases of spices; mixtureses were finally on the rise to reach 269 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp curtailment.

In value terms, spices; mixtures imports soared to $1.5M in 2022. Overall, imports, however, recorded a noticeable descent.

Import of Spices; Mixtures in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22021921539421.4%
Germany2421551433209.8%
Saudi Arabia56.519.132622257.8%
Pakistan68.2N/AN/A11719.7%
PalestineN/AN/AN/A61.40%
IranN/AN/AN/A52.60%
United States230N/A31.551.4-39.3%
Bangladesh24.06.321.847.325.4%
Turkey33.50.53.945.410.7%
Bahrain65.6N/A13.843.9-12.5%
PolandN/AN/AN/A36.30%
United Arab Emirates26.22.36.526.20.0%
Egypt5.7N/AN/A15.339.0%
Others63633112675.9-50.8%
Total1,6097348881,509-2.1%

Top Suppliers of Spices; Mixtures to Jordan in 2022:

  1. India (65.5 tons)
  2. Germany (53.3 tons)
  3. Saudi Arabia (37.0 tons)
  4. Pakistan (34.8 tons)
  5. Palestine (10.2 tons)
  6. Iran (8.8 tons)
  7. United States (8.6 tons)
  8. Bangladesh (7.9 tons)
  9. Turkey (7.5 tons)
  10. Bahrain (7.3 tons)
  11. Poland (6.0 tons)
  12. Egypt (5.1 tons)
  13. United Arab Emirates (4.4 tons)

Spices; Mixtures Exports in Jordan

Spices; mixtures exports from Jordan skyrocketed to 144 tons in 2022, growing by 117% compared with 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 300% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, spices; mixtures exports soared to $886K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 342%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Spices; Mixtures in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12383.725534340.8%
CanadaN/A7.370.4320562.1%
United States43.5N/A74.811839.5%
Saudi Arabia27.62.422.348.220.4%
Libya6.4N/AN/A42.688.1%
Free Zones45.3N/AN/AN/A0%
Others22.53.25.114.1-14.4%
Total26896.642788649.0%

Top Export Markets for Spices; Mixtures from Jordan in 2022:

  1. United Arab Emirates (55.7 tons)
  2. Canada (52.0 tons)
  3. United States (19.2 tons)
  4. Saudi Arabia (7.8 tons)
  5. Libya (6.9 tons)

Source: IndexBox Market Intelligence Platform

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