Iran: Cheese And Curd Market 2024

Cheese And Curd Market Size in Iran

The Iranian cheese and curd market rose slightly to $X in 2022, growing by 4.8% against the previous year. Over the period under review, consumption, however, recorded a mild shrinkage. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Cheese And Curd Production in Iran

In value terms, cheese and curd production expanded remarkably to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. Cheese and curd production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Cheese And Curd Exports

Exports from Iran

In 2022, the amount of cheese and curd exported from Iran plummeted to X tons, waning by -26.9% against the previous year's figure. Overall, exports, however, showed buoyant growth. The growth pace was the most rapid in 2016 with an increase of 181%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, cheese and curd exports fell sharply to $X in 2022. In general, exports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 185% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons), Azerbaijan (X tons) and Armenia (X tons) were the main destinations of cheese and curd exports from Iran, together comprising 85% of total exports. Iraq, Georgia, Uzbekistan and Saudi Arabia lagged somewhat behind, together accounting for a further 9.8%.

From 2012 to 2022, the biggest increases were recorded for Georgia (with a CAGR of +124.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cheese and curd exported from Iran were Kazakhstan ($X), Azerbaijan ($X) and Armenia ($X), together comprising 81% of total exports. Iraq, Georgia, Uzbekistan and Saudi Arabia lagged somewhat behind, together accounting for a further 11%.

Among the main countries of destination, Georgia, with a CAGR of +140.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cheese and curd export price stood at $X per ton in 2022, rising by 7.4% against the previous year. Overall, the export price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 77% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Azerbaijan ($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 Kazakhstan (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Iran

In 2022, approx. X tons of cheese and curd were imported into Iran; which is down by -4.2% against 2021. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 when imports increased by 314% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, cheese and curd imports contracted modestly to $X in 2022. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by 557%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), the United Arab Emirates (X tons) and Italy (X tons) were the main suppliers of cheese and curd imports to Iran, together accounting for 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +33.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest cheese and curd suppliers to Iran were the United Arab Emirates ($X), Turkey ($X) and Italy ($X), together comprising 86% of total imports.

Italy, with a CAGR of +12.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average cheese and curd import price amounted to $X per ton, growing by 2.5% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cheese and curd import price decreased by -2.7% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 59% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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