Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Jordan - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Jordan (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Jordan
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Jordan (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,279 per ton, falling by -17.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 45%. Over the period under review, average import prices hit record highs at $4,413 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.8% per year.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Jordan
In 2022, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Jordan soared to 849 kg, picking up by 39% against the year before. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 47%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds rose significantly to $1.9K in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 71% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Jordan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 421 | 136 | 546 | 1,935 | 66.3% |
| Belgium | N/A | 603 | 389 | N/A | -35.5% |
| Brazil | 58.0 | 12.0 | N/A | N/A | -79.3% |
| Ukraine | 26.0 | 20.0 | 178 | N/A | 161.7% |
| Others | 320 | 637 | 573 | N/A | 33.8% |
| Total | 825 | 1,408 | 1,686 | 1,935 | 32.9% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Jordan in 2022:
- United States (849.0 kg)
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