Jordan: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in Jordan

The Jordanian wheat and meslin flour market was estimated at $X in 2022, growing by 4.3% against the previous year. In general, consumption, however, continues to indicate a deep reduction. Wheat and meslin flour consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Wheat and Meslin Flour in Jordan

In value terms, wheat and meslin flour production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production saw a deep downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by 39%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Wheat and Meslin Flour

Exports from Jordan

In 2022, approx. X tons of wheat and meslin flour were exported from Jordan; which is down by -10.7% on the previous year. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 368% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, wheat and meslin flour exports amounted to $X in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 218% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Syrian Arab Republic (X tons) was the main destination for wheat and meslin flour exports from Jordan, with a 98% share of total exports. It was followed by Iraq (X tons), with a 1.7% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Syrian Arab Republic was relatively modest.

In value terms, Syrian Arab Republic ($X) emerged as the key foreign market for wheat and meslin flour exports from Jordan, comprising 98% of total exports. The second position in the ranking was taken by Iraq ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Syrian Arab Republic was relatively modest.

Export Prices by Country

In 2022, the average wheat and meslin flour export price amounted to $X per ton, rising by 29% against the previous year. In general, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Syrian Arab Republic ($X per ton), while the average price for exports to Iraq amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+4.4%).

Imports of Wheat and Meslin Flour

Imports into Jordan

Wheat and meslin flour imports into Jordan dropped sharply to X tons in 2022, declining by -32% against the year before. Overall, total imports indicated a notable increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2015 when imports increased by 39%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, wheat and meslin flour imports fell to $X in 2022. In general, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 37%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest wheat and meslin flour supplier to Jordan, accounting for a 55% share of total imports. Moreover, wheat and meslin flour imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Oman (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+22.0% per year) and Turkey (-7.8% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of wheat and meslin flour to Jordan, comprising 55% of total imports. The second position in the ranking was held by Oman ($X), with an 18% share of total imports. It was followed by Turkey, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+21.4% per year) and Turkey (-5.9% per year).

Import Prices by Country

The average wheat and meslin flour import price stood at $X per ton in 2022, with an increase of 27% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue 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 Oman ($X per ton) and Russia ($X per ton), while the price for the United Arab Emirates ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform