What is the price of olive oil per kilogram/pound in Jordan today?
The retail price range for Jordan olive oil is between US$ 10.23 and US$ 18.09 per kilogram or between US$ 4.64 and US$ 8.20 per pound(lb). Click here to see today's exact prices of olive oil in Jordan
The retail price range in Jordanian Dinar for olive oil is between JOD 7.26 and JOD 12.82 per kilogram or between JOD 3.29 and JOD 5.82 per pound(lb) in Amman and Irbid.
Wholesale prices
In 2024, the approximate wholesale price range for Jordan olive oil is between US$ 7.16 and US$ 12.66 per kilogram or between US$ 3.25 and US$ 5.74 per pound(lb).
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Jordan Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Jordan over the last five years has been relatively stable. In 2017, the price was 4.02 US $ per kg, followed by 3.79 US $ per kg in 2018. In 2019, the price dropped significantly to 2.24 US $ per kg, before rising again to 4.56 US $ per kg in 2020. The price then decreased slightly to 4.32 US $ per kg in 2021. Based on this data, it is likely that the export price per kilogram of Olive Oil from Jordan will remain around 4.30 US $ per kg in 2023 and 2024.The exports of olive oil from Jordan are classified as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
Jordan Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Jordan over the last five years has been quite varied. In 2016, the price was 3.99 US dollars per kg, followed by 4.02 US dollars per kg in 2017. In 2018, the price dropped to 3.79 US dollars per kg, before rising to 2.24 US dollars per kg in 2019. The price then increased again in 2020 to 4.56 US dollars per kg, before dropping to 4.32 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Olive Oil into Jordan will remain relatively stable in the next two years, with an estimated price of 4.44 US dollars per kg in 2023 and 4.56 US dollars per kg in 2024.Export values for Jordan olive oil
The total values in export for olive oil in Jordan were US$ 3,138, US$ 1,608, US$ 2,223 and US$ 1,890 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 olive oil in other countries across Middle East: Bahrain olive oil, Cyprus olive oil, Iraq olive oil, Israel olive oil, Jordan olive oil, Kuwait olive oil, Lebanon olive oil, Palestine olive oil, Oman olive oil & Qatar olive oil.
Jordan olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jordan shipped 844 tonnes of olive oil. Through 2019 alone, the market for Jordan olive oil (processed category) has improved, recording a change of 44.027 per cent compared to the year 2018. Between 2017 and 2019, olive oil's exports went up by 111 percent earning the nation US$1.89m for the year 2019. Jordan's olive oil exports are classified as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Jordan olive oil export values
In 2019, Jordan supplied olive oil costing 1.89m USD, a reduction of -14.98% from 2018's total olive oil export of 2.223m USD. The yearly change in value of Jordan olive oil between 2017 to 2018 was 38.246 percent.
The annual variation in the quantity of Jordan's olive oil exports between 2017 and 2019 was 111 pc when compared to a variation of 44.027% in the growth rate between 2018 and 2019.
Export markets for Jordan olive oil ( in '000$ )
Jordan's top destinations for olive oil are Turkey, Iraq, Japan, Kuwait and Germany.
Jordan bought 13 tonnes of olive oil in 2019.