Iran: Cereal Flour Market 2024

Cereal Flour Market Size in Iran

The Iranian cereal flour market reached $X in 2022, remaining stable against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by X%. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Cereal Flour Production in Iran

In value terms, cereal flour production declined modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Cereal flour production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Cereal Flour Exports

Exports from Iran

In 2022, exports of cereal flours from Iran rose rapidly to X tons, increasing by X% on 2021. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, cereal flour exports stood at $X in 2022. Over the period under review, exports showed a buoyant increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of cereal flour exports from Iran, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the UK ($X) and the Netherlands ($X) constituted the largest markets for cereal flour exported from Iran worldwide, together accounting for X% of total exports.

Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cereal flour export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price showed a perceptible setback. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

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

Cereal Flour Imports

Imports into Iran

In 2022, cereal flour imports into Iran soared to X tons, jumping by X% compared with 2021 figures. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, cereal flour imports soared to $X in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, India (X tons) constituted the largest cereal flour supplier to Iran, with a X% share of total imports. Moreover, cereal flour imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

In value terms, India ($X) constituted the largest supplier of cereal flours to Iran, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average cereal flour import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :