Jordan: Market for Lamb and Sheep Meat 2024

Market Size for Lamb and Sheep Meat in Jordan

The Jordanian lamb and sheep meat market skyrocketed to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Lamb and sheep meat consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Lamb and Sheep Meat in Jordan

In value terms, lamb and sheep meat production expanded remarkably to $X in 2022 estimated in export price. Overall, production posted a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average lamb and sheep meat yield in Jordan expanded modestly to X kg per head, with an increase of X% compared with the year before. In general, the yield indicated slight growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamb and sheep meat yield decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2021 to 2022, the growth of the average lamb and sheep meat yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for lamb and sheep meat production in Jordan; with a decrease of X% on 2021 figures. This number increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the number of producing animals increased by X%. The number of animals slaughtered for lamb and sheep meat production peaked at X heads in 2018; however, from 2019 to 2022, producing animals stood at a somewhat lower figure.

Exports of Lamb and Sheep Meat

Exports from Jordan

In 2022, the amount of lamb and sheep meat exported from Jordan surged to X tons, growing by X% against the year before. In general, exports, however, faced a precipitous descent. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lamb and sheep meat exports surged to $X in 2022. Over the period under review, exports, however, recorded a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tons) was the main destination for lamb and sheep meat exports from Jordan, accounting for a X% share of total exports. Moreover, lamb and sheep meat exports to Uruguay exceeded the volume sent to the second major destination, Romania (X tons), twofold.

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

In value terms, Uruguay ($X) and Romania ($X) appeared to be the largest markets for lamb and sheep meat exported from Jordan worldwide.

Uruguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average lamb and sheep meat export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamb and sheep meat export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Uruguay stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports into Jordan

In 2022, overseas purchases of lamb and sheep meat were finally on the rise to reach X tons after six years of decline. Over the period under review, imports, however, recorded a abrupt downturn. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, lamb and sheep meat imports skyrocketed to $X in 2022. In general, imports, however, showed a noticeable contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons), New Zealand (X tons) and Turkey (X tons) were the main suppliers of lamb and sheep meat imports to Jordan, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Australia ($X), New Zealand ($X) and Turkey ($X) constituted the largest lamb and sheep meat suppliers to Jordan, with a combined X% share of total imports. Sudan, Romania and Uruguay lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 lamb and sheep meat import price amounted to $X per ton, stabilizing at the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamb and sheep meat import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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