Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan - 2022
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan (CIF) - 2022
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan (FOB) - 2022
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan (CIF) - 2022
The average import price for fresh or chilled boneless cuts of bovine meat stood at $10,833 per ton in 2022, picking up by 20% against the previous year. Overall, the import price enjoyed a strong increase. The growth pace was the most rapid in 2020 an increase of 73%. Over the period under review, average import prices reached the maximum 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 countries with the highest prices were India ($10,833 per ton) and South Africa ($10,833 per ton), while the price for Australia ($10,833 per ton) and Brazil ($10,833 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan (FOB) - 2022
The average export price for fresh or chilled boneless cuts of bovine meat stood at $8,113 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 116% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,192 per ton in 2021, and then fell slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +55.8% per year.
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan
In 2022, imports of fresh or chilled boneless cuts of bovine meat into Jordan shrank sharply to 8.7K tons, falling by -17% compared with 2021. Over the period under review, imports continue to indicate a deep setback. The smallest decline of -1.5% was in 2021.
In value terms, imports of fresh or chilled boneless cuts of bovine meat reduced to $94M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12%.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.8 | 4.6 | 20.2 | 36.3 | 112.2% |
| Brazil | 52.0 | 39.0 | 42.8 | 31.6 | -15.3% |
| South Africa | 10.8 | 20.1 | 13.3 | 18.0 | 18.6% |
| Australia | 1.9 | 3.4 | 2.6 | 3.5 | 22.6% |
| Colombia | 8.5 | 16.6 | 14.2 | 3.2 | -27.8% |
| Others | 0.9 | 3.2 | 1.3 | 1.2 | 10.1% |
| Total | 77.8 | 87.0 | 94.4 | 93.8 | 6.4% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Jordan in 2022:
- India (3.4K tons)
- Brazil (2.9K tons)
- South Africa (1.7K tons)
- Australia (0.3K tons)
- Colombia (0.3K tons)
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan
In 2022, approx. 8.5 tons of fresh or chilled boneless cuts of bovine meat were exported from Jordan; picking up by 5.8% against the previous year. In general, exports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, the exports reached the peak of 53 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fresh or chilled boneless cuts of bovine meat expanded modestly to $69K in 2022. Over the period under review, exports, however, saw a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 161% against the previous year. As a result, the exports reached the peak of $399K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 68.9 | 0% |
| Saudi Arabia | 98.6 | 372 | 57.8 | N/A | -23.4% |
| Oman | 54.4 | 11.3 | N/A | N/A | -79.2% |
| Others | N/A | 16.1 | 8.0 | N/A | -50.3% |
| Total | 153 | 399 | 65.7 | 68.9 | -23.4% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Jordan in 2022:
- Qatar (8.5 tons)
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