Jordan: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in Jordan

In 2022, the Jordanian sheep and goat meat market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in Jordan

In value terms, sheep and goat meat production reached $X in 2022 estimated in export price. In general, production, however, enjoyed a tangible expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The average yield of sheep and goat meat in Jordan totaled X kg per head in 2022, increasing by X% on the year before. Over the period under review, the yield indicated modest growth from 2012 to 2022: its figure 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, sheep and goat meat yield increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. The sheep and goat meat yield peaked at X kg per head in 2018; however, from 2019 to 2022, the yield failed to regain momentum.

In 2022, the number of animals slaughtered for sheep and goat meat production in Jordan contracted to X heads, declining by X% against the previous year's figure. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2017; however, from 2018 to 2022, producing animals failed to regain momentum.

Exports of Sheep And Goat Meat

Exports from Jordan

Sheep and goat meat exports from Jordan surged to X tons in 2022, increasing by X% on the previous year's figure. In general, exports, however, continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sheep and goat meat exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a sharp contraction. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tons) was the main destination for sheep and goat meat exports from Jordan, with a X% share of total exports. Moreover, sheep and goat meat exports to Uruguay exceeded the volume sent to the second major destination, Romania (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Uruguay amounted to X%.

In value terms, the largest markets for sheep and goat meat exported from Jordan were Uruguay ($X) and Romania ($X).

In terms of the main countries of destination, Romania, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average sheep and goat meat export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated a resilient increase 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, sheep and goat meat export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Uruguay amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sheep And Goat Meat

Imports into Jordan

In 2022, imports of sheep and goat meat into Jordan reduced to X tons, almost unchanged from 2021 figures. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports contracted modestly to $X in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Australia (X tons), New Zealand (X tons) and Turkey (X tons) were the main suppliers of sheep and goat meat imports to Jordan, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest sheep and goat meat suppliers to Jordan were Australia ($X), New Zealand ($X) and Turkey ($X), together accounting for X% of total imports. Sudan, Romania and Uruguay lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sheep and goat meat import price amounted to $X per ton, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Turkey ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform