Jordan: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Jordan

The Jordanian tomato ketchup market was estimated at $X in 2022, flattening at the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Tomato Ketchup Production in Jordan

In value terms, tomato ketchup production rose rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -10.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year. Tomato ketchup production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Tomato Ketchup Exports

Exports from Jordan

Tomato ketchup exports from Jordan expanded significantly to X tons in 2022, increasing by 5.9% compared with the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 117% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, tomato ketchup exports rose sharply to $X in 2022. Overall, exports showed a slight increase. The most prominent rate of growth was recorded in 2018 with an increase of 91% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X tons), Palestine (X tons) and Libya (X tons) were the main destinations of tomato ketchup exports from Jordan, with a combined 97% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Palestine (with a CAGR of +10.0%), while the other leaders experienced a decline.

In value terms, Iraq ($X), Palestine ($X) and Libya ($X) appeared to be the largest markets for tomato ketchup exported from Jordan worldwide, together comprising 97% of total exports.

In terms of the main countries of destination, Palestine, with a CAGR of +9.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average tomato ketchup export price amounted to $X per ton, picking up by 5.5% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tomato ketchup export price decreased by -25.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 103% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Iraq ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Qatar ($X per ton) and Palestine ($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 Saudi Arabia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports

Imports into Jordan

In 2022, the amount of tomato ketchup and tomato sauces imported into Jordan declined remarkably to X tons, reducing by -34.6% against the previous year's figure. Over the period under review, imports saw a noticeable slump. The growth pace was the most rapid in 2014 with an increase of 39%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, tomato ketchup imports contracted markedly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 40%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank sharply in the following year.

Imports by Country

The United Arab Emirates (X tons), the Netherlands (X tons) and the United States (X tons) were the main suppliers of tomato ketchup imports to Jordan, together accounting for 71% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +26.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest tomato ketchup suppliers to Jordan were the United Arab Emirates ($X), the Netherlands ($X) and the United States ($X), together comprising 71% of total imports.

The Netherlands, with a CAGR of +21.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average tomato ketchup import price amounted to $X per ton, picking up by 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2020 an increase of 27%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lebanon ($X per ton) and Oman ($X per ton), while the price for Egypt ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform