Jordan: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Jordan

The Jordanian whole fresh milk market reduced slightly to $X in 2022, with a decrease of -3.3% against the previous year. Overall, the total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank modestly in the following year.

Whole Fresh Milk Production in Jordan

In value terms, whole fresh milk production fell to $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +0.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 86%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Whole Fresh Milk Exports

Exports from Jordan

In 2022, the amount of whole fresh milk exported from Jordan fell notably to X tons, which is down by -42.4% compared with the previous year. Overall, exports showed a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 354% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, whole fresh milk exports contracted rapidly to $X in 2022. In general, exports, however, recorded modest growth. The growth pace was the most rapid in 2021 with an increase of 619% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for whole fresh milk exports from Jordan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) also remains the key foreign market for whole fresh milk exports from Jordan.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at +1.7%.

Export Prices by Country

The average whole fresh milk export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, whole fresh milk export price increased by +56.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 58% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +164.5% per year.

Whole Fresh Milk Imports

Imports into Jordan

In 2022, after three years of growth, there was significant decline in overseas purchases of whole fresh milk, when their volume decreased by -55.6% to X tons. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 496%. Imports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, whole fresh milk imports reduced markedly to $X in 2022. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 337%. Imports peaked at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of whole fresh milk to Jordan, with a 87% share of total imports. Moreover, whole fresh milk imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was held by Spain (X tons), with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at +35.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.4% per year) and Spain (+33.6% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of whole fresh milk to Jordan, comprising 87% of total imports. The second position in the ranking was held by Germany ($X), with a 5.5% share of total imports. It was followed by Spain, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia totaled +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.5% per year) and Spain (+28.5% per year).

Import Prices by Country

In 2022, the average whole fresh milk import price amounted to $X per ton, rising by 3.7% against the previous year. In general, the import price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and Saudi Arabia ($X per ton), while the price for Slovakia ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform