Jordan: Market for Salted, Dried or Smoked Meat, and Offal 2024

Market Size for Salted, Dried or Smoked Meat, and Offal in Jordan

The Jordanian market for salted, dried or smoked meat, and offal reached $X in 2022, rising by 4.3% against the previous year. Overall, consumption continues to indicate a noticeable shrinkage. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Salted, Dried or Smoked Meat, and Offal in Jordan

In value terms, production of salted, dried or smoked meat, and offal expanded sharply to $X in 2022 estimated in export price. In general, production recorded a noticeable decline. The pace of growth appeared the most rapid in 2015 when the production volume increased by 37%. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports from Jordan

In 2022, shipments abroad of salted, dried or smoked meat, and offal decreased by -11.1% to X tons, falling for the second consecutive year after three years of growth. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 544%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of salted, dried or smoked meat, and offal soared to $X in 2022. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 341%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) and Qatar (X tons) were the main destinations of exports of salted, dried or smoked meat, and offal from Jordan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of -32.6%).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for salted, dried or smoked meat, and offal exports from Jordan, comprising 84% of total exports. The second position in the ranking was held by Qatar ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at -23.0%.

Export Prices by Country

The average export price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, surging by 140% against the previous year. Overall, the export price enjoyed buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Qatar totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Salted, Dried or Smoked Meat, and Offal

Imports into Jordan

In 2022, purchases abroad of salted, dried or smoked meat, and offal increased by 428% to X tons, rising for the second year in a row after four years of decline. Overall, imports, however, saw a pronounced descent. Over the period under review, imports of hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of salted, dried or smoked meat, and offal skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a slight decline. Over the period under review, imports of attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of salted, dried or smoked meat, and offal to Jordan, accounting for a 71% share of total imports. Moreover, imports of salted, dried or smoked meat, and offal from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. The United Arab Emirates (X kg) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +33.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (0.0% per year) and the United Arab Emirates (+39.1% per year).

In value terms, Italy ($X) constituted the largest supplier of salted, dried or smoked meat, and offal to Jordan, comprising 81% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.2% share of total imports. It was followed by the Netherlands, with a 5% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+3.7% per year) and the Netherlands (0.0% per year).

Import Prices by Country

The average import price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, declining by -13.3% against the previous year. Overall, the import price, however, saw moderate growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+11.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform