What is the price of maize (corn) oil per kilogram/pound in Jordan today?
The retail price range for Jordan maize (corn) oil is between US$ 0.35 and US$ 0.51 per kilogram or between US$ 0.16 and US$ 0.23 per pound(lb). Click here to see today's exact prices of maize (corn) oil in Jordan
The retail price range in Jordanian Dinar for maize (corn) oil is between JOD 0.25 and JOD 0.36 per kilogram or between JOD 0.11 and JOD 0.16 per pound(lb) in Amman and Irbid.
Wholesale prices
In 2024, the approximate wholesale price range for Jordan maize (corn) oil is between US$ 0.25 and US$ 0.36 per kilogram or between US$ 0.11 and US$ 0.16 per pound(lb).
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Jordan Maize (corn) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize (Corn) Oil from Jordan over the last five years has been quite volatile. In 2012, the price was 1.50 US dollars per kg, which dropped to 0.61 US dollars per kg in 2013. The price then increased to 0.83 US dollars per kg in 2014, and further increased to 0.91 US dollars per kg in 2015. However, in 2016, the price skyrocketed to 3.96 US dollars per kg, before dropping back to 0.63 US dollars per kg in 2017. The price then increased to 1.20 US dollars per kg in 2018, before dropping to its lowest point of 0.23 US dollars per kg in 2019. Based on this data, it is likely that the export price per kilogram of Maize (Corn) Oil from Jordan will remain relatively stable in the next few years, with an estimated price of 0.90 US dollars per kg in 2023 and 0.95 US dollars per kg in 2024.The exports of maize (corn) oil from Jordan are classified as:
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
- Crude maize oil (HS code 151521)
Jordan Maize (corn) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize (Corn) Oil into Jordan over the last five years has been quite varied. In 2015, the price was 0.91 US dollars per kg, followed by a significant increase to 3.96 US dollars per kg in 2016. This was followed by a decrease to 0.63 US dollars per kg in 2017 and then a slight increase to 1.2 US dollars per kg in 2018. The most recent year, 2019, saw a further decrease to 0.23 US dollars per kg. Based on this data, it is likely that the import price per kilogram of Maize (Corn) Oil into Jordan will remain relatively low in the coming years, with an estimated price of 0.20 US dollars per kg in 2023 and 0.18 US dollars per kg in 2024.Export values for Jordan maize (corn) oil
The total values in export for maize (corn) oil in Jordan were US$ 4,733, US$ 336, US$ 112 and US$ 47 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Jordan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of maize (corn) oil in other countries across Middle East: Bahrain maize (corn) oil, Cyprus maize (corn) oil, Iraq maize (corn) oil, Israel maize (corn) oil, Jordan maize (corn) oil, Kuwait maize (corn) oil, Lebanon maize (corn) oil, Palestine maize (corn) oil, Oman maize (corn) oil & Qatar maize (corn) oil.
Jordan maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jordan exported 103 tonnes of maize (corn) oil. For 2019 alone, the demand for Jordan maize (corn) oil (processed category) has improved, with a change of 49.275 % compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports went down by -61.42% earning Jordan US$0.05m for the year 2019. Jordan's maize (corn) oil exports are categorised as:
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
- Crude maize oil (HS code 151521)
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Jordan maize (corn) oil export values
In 2019, Jordan exported maize (corn) oil with a value of 0.05m USD, a drop of -55.36% from 2018's total maize (corn) oil export of 0.112m USD. The yearly reduction in value of Jordan maize (corn) oil between 2017 to 2018 was -66.667%.
The per year change in the volume of Jordan's maize (corn) oil exports between 2017 and 2019 was -61.42 pc in comparison to a variation of 49.275% in the period between 2018 and 2019.
Export markets for Jordan maize (corn) oil ( in '000$ )
Jordan's best performing export markets for maize (corn) oil are Palestine, United Arab Emirates (UAE), Libya, Syria and Saudi Arabia.
Jordan imported 14,310 tonnes of maize (corn) oil in 2019.