Jordan - Skim Powdered Milk - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Jordan - Skim Powdered Milk - Market Analysis, Forecast, Size, Trends And Insights

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Skim Powdered Milk Price in Jordan - 2022

Contents:

  1. Skim Powdered Milk Price in Jordan (CIF) - 2022
  2. Skim Powdered Milk Price in Jordan (FOB) - 2022
  3. Skim Powdered Milk Imports in Jordan
  4. Skim Powdered Milk Exports in Jordan

Skim Powdered Milk Price in Jordan (CIF) - 2022

The average skim powdered milk import price stood at $3,954 per ton in 2022, increasing by 32% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. The import price peaked at $5,177 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Oman ($3,954 per ton) and Argentina ($3,954 per ton), while the price for the United Arab Emirates ($3,954 per ton) and Saudi Arabia ($3,954 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Skim Powdered Milk Price in Jordan (FOB) - 2022

The average skim powdered milk export price stood at $3,879 per ton in 2022, rising by 30% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, skim powdered milk export price increased by +47.2% against 2020 indices. The export price peaked at $3,961 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +1.3% per year.

Skim Powdered Milk Imports in Jordan

In 2022, supplies from abroad of skim powdered milk decreased by -37% to 14K tons, falling for the second year in a row after two years of growth. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 48%. As a result, imports reached the peak of 30K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, skim powdered milk imports reduced remarkably to $57M in 2022. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 5.2%. As a result, imports reached the peak of $81M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Skim Powdered Milk in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand29.035.630.931.42.7%
Denmark13.47.912.311.4-5.2%
Poland1.25.27.42.120.5%
Canada1.62.82.01.95.9%
Oman0.4N/A0.21.451.8%
Turkey0.1N/A2.71.1122.4%
Saudi Arabia3.11.21.21.0-31.4%
Netherlands3.14.14.10.9-33.8%
United Arab EmiratesN/AN/A0.50.980.0%
Germany7.34.40.10.7-54.2%
Belgium13.05.91.40.6-64.1%
Ireland1.81.11.00.2-51.9%
MalaysiaN/A3.6N/AN/A0%
Others3.29.35.43.85.9%
Total77.081.069.157.3-9.4%

Top Suppliers of Skim Powdered Milk to Jordan in 2022:

  1. New Zealand (7.9K tons)
  2. Denmark (2.9K tons)
  3. Canada (0.5K tons)
  4. Poland (0.5K tons)
  5. Oman (0.4K tons)
  6. Turkey (0.3K tons)
  7. Saudi Arabia (0.2K tons)
  8. Netherlands (0.2K tons)
  9. Germany (0.2K tons)
  10. United Arab Emirates (0.2K tons)
  11. Ireland (0.1K tons)
  12. Belgium (0.1K tons)

Skim Powdered Milk Exports in Jordan

In 2022, shipments abroad of skim powdered milk decreased by -44.7% to 93 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 31%.

In value terms, skim powdered milk exports shrank significantly to $361K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $501K, and then contracted significantly in the following year.

Export of Skim Powdered Milk in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq12630420136142.0%
Free Zones21299.964.3N/A-44.9%
PalestineN/AN/A198N/A0%
United States20.4N/A20.3N/A-0.2%
Others3.80.118.5N/A120.6%
Total363404501361-0.2%

Top Export Markets for Skim Powdered Milk from Jordan in 2022:

  1. Iraq (93.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the skim powdered milk market in Jordan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 898 - Dry Skim Cow Milk

Country coverage:

  • Jordan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Jordan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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