Jordan: Preserved Peas Market 2024

Preserved Peas Market Size in Jordan

The Jordanian preserved peas market dropped modestly to $X in 2022, declining by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Preserved Peas Production in Jordan

In value terms, preserved peas production expanded rapidly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Preserved Peas Exports

Exports from Jordan

In 2022, shipments abroad of preserved peas was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved peas exports skyrocketed to $X in 2022. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Saudi Arabia (X tons) was the main destination for preserved peas exports from Jordan, with a X% share of total exports. Moreover, preserved peas exports to Saudi Arabia exceeded the volume sent to the second major destination, Yemen (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at X%.

In value terms, Saudi Arabia ($X) remains the key foreign market for preserved peas exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Yemen ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at X%.

Export Prices by Country

In 2022, the average preserved peas export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated mild growth 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, preserved peas export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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

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

Preserved Peas Imports

Imports into Jordan

In 2022, preserved peas imports into Jordan skyrocketed to X tons, picking up by X% against the year before. Over the period under review, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved peas imports surged to $X in 2022. Overall, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Saudi Arabia (X tons) and Bangladesh (X tons) were the main suppliers of preserved peas imports to Jordan.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest preserved peas suppliers to Jordan were Malaysia ($X), Saudi Arabia ($X) and Bangladesh ($X).

Malaysia, with a CAGR of X%, saw 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

The average preserved peas import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, import price indicated a remarkable increase 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, preserved peas import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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