Jordan: Spinach Market 2024

Spinach Market Size in Jordan

The Jordanian spinach market skyrocketed to $X in 2022, with an increase of 19% against the previous year. Overall, consumption recorded a buoyant increase. Spinach consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Spinach Production in Jordan

In value terms, spinach production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw strong growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 189%. Spinach production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

In 2022, the average spinach yield in Jordan surged to X tons per ha, increasing by 41% compared with 2021 figures. In general, the yield saw a significant increase. The most prominent rate of growth was recorded in 2015 when the yield increased by 118% against the previous year. Over the period under review, the average spinach yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of spinach production in Jordan declined remarkably to X ha, reducing by -15.6% on the previous year's figure. Overall, the harvested area showed a perceptible decline. The growth pace was the most rapid in 2020 when the harvested area increased by 88% against the previous year. Over the period under review, the harvested area dedicated to spinach production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Spinach Exports

Exports from Jordan

In 2022, approx. X tons of spinach were exported from Jordan; jumping by 62% compared with 2021. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,253% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, spinach exports rose significantly to $X in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,338%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Qatar (X tons) was the main destination for spinach exports from Jordan, with a 64% share of total exports. Moreover, spinach exports to Qatar exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. The third position in this ranking was taken by Bahrain (X kg), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to +102.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+77.1% per year) and Bahrain (+96.4% per year).

In value terms, Qatar ($X) emerged as the key foreign market for spinach exports from Jordan, comprising 64% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 24% share of total exports. It was followed by Kuwait, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled +150.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+126.8% per year) and Kuwait (+101.0% per year).

Export Prices by Country

In 2022, the average spinach export price amounted to $X per ton, which is down by -29.5% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 274% against the previous year. The export price peaked at $X per ton in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+39.1%), while the prices for the other major destinations experienced more modest paces of growth.

Spinach Imports

Imports into Jordan

Spinach imports into Jordan reached X tons in 2022, approximately equating the previous year. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,494%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, spinach imports reduced to $X in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 853%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X tons), Portugal (X tons) and the Netherlands (X tons) were the main suppliers of spinach imports to Jordan, together accounting for 92% of total imports. Kenya lagged somewhat behind, comprising a further 6.7%.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kenya (with a CAGR of +229.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Portugal ($X) and the Netherlands ($X) appeared to be the largest spinach suppliers to Jordan, with a combined 92% share of total imports. These countries were followed by Kenya, which accounted for a further 6.7%.

In terms of the main suppliers, Kenya, with a CAGR of +200.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spinach import price stood at $X per ton in 2022, which is down by -12.6% against the previous year. Over the period under review, the import price showed a deep slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 7.3%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Kenya ($X per ton) and the Netherlands ($X per ton), while the price for Italy ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform