Jordan: Bread And Bakery Market 2024

Bread And Bakery Market Size in Jordan

The Jordanian bread and bakery market amounted to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, recorded a strong expansion. Bread and bakery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Bread And Bakery Production in Jordan

In value terms, bread and bakery production totaled $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Bread and bakery production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Bread And Bakery Exports

Exports from Jordan

After two years of decline, overseas shipments of bread and bakery increased by X% to X tons in 2022. Overall, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bread and bakery exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a slight setback. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X tons), Yemen (X tons) and Saudi Arabia (X tons) were the main destinations of bread and bakery exports from Jordan, with a combined X% share of total exports. The United States, Kuwait, Palestine, the United Arab Emirates, Lebanon, Qatar, Syrian Arab Republic, Israel, Oman and Egypt lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X), Iraq ($X) and Saudi Arabia ($X) appeared to be the largest markets for bread and bakery exported from Jordan worldwide, with a combined X% share of total exports. The United States, Kuwait, Palestine, the United Arab Emirates, Lebanon, Qatar, Syrian Arab Republic, Israel, Oman and Egypt lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Qatar, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bread and bakery export price amounted to $X per ton, growing by X% against the previous year. In general, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Yemen ($X per ton) and Qatar ($X per ton), while the average price for exports to Iraq ($X per ton) and Egypt ($X 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 Syrian Arab Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bread And Bakery Imports

Imports into Jordan

In 2022, supplies from abroad of bread and bakery decreased by X% to X tons, falling for the third year in a row after eight years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, bread and bakery imports declined notably to $X in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest bread and bakery supplier to Jordan, accounting for a X% share of total imports. Moreover, bread and bakery imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Turkey (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of bread and bakery to Jordan, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Turkey (X% per year).

Import Prices by Country

The average bread and bakery import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bread and bakery import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform