Jordan filling wheat reserves

Country: Jordan
Jordan filling wheat reserves
16 April 2024

Jordan is expected to import approximately 1.2 million tonnes of wheat in the 2024-25 period to fill its strategic grain reserves, aiming to mitigate inflationary shocks due to geopolitical crises. This import estimate remains consistent with the previous year but marks an increase from 2022-23 levels. The country heavily relies on global trade for its food security, given its arid environment and rapidly growing population, which has doubled over the past two decades.

Geopolitical tensions among major grain suppliers in the Black Sea region and neighboring countries have exacerbated existing price pressures on essential food staples, impacting Jordan's economic outlook. Attacks on commercial vessels in the Red Sea continue to disrupt trade in the Middle East and Eastern Mediterranean, affecting the Port of Aqaba, Jordan's sole port.

Wheat production within Jordan is insufficient, covering only about one week of national consumption. Consumption is expected to remain stable, with slow economic growth offsetting population growth. Additionally, barley consumption is projected to increase to 1.1 million tonnes in 2024-25, driven by higher feed use, with imports also rising to 1.2 million tonnes. Barley production, serving as a rotational crop to support subsistence agriculture and soil conservation, is expected to remain unchanged.

Corn consumption is forecasted to significantly increase to 740,000 tonnes in 2024-25, primarily due to higher usage in poultry feed. With minimal domestic production, imports of 730,000 tonnes are necessary to meet demand, particularly with expanded corn processing capacity.

Please find original version of article below:
https://www.world-grain.com/articles/19871-jordan-filling-wheat-reserves 

The information shared by the Islamic Organization for Food Security (“IOFS”) on iofs.org.kz (the “Site”) serves solely for general informational purposes. As a non-profit international organization, IOFS provides this information in good faith, with no intention to commercialize, profit, or exploit any content. Commercial use, including reselling, charging for access, redistribution, or creating derivative works, such as unofficial translations based on these documents, is strictly prohibited. All posts, publications, texts, and any other information on the Site, owned by authors and references, are appropriately linked.

IOFS disclaims any liability for loss or damage of any kind resulting from the use of the Site. Your understanding and compliance with these terms contribute to maintaining the informative and non-commercial nature of our platform.