Iran: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Iran

The Iranian market for concentrated lemon and other citrus fruit juice soared to $X in 2021, picking up by 174% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Iran

In 2021, shipments abroad of concentrated lemon and other citrus fruit juice decreased by -28.9% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 79%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice reduced notably to $X in 2021. Overall, exports, however, showed pronounced growth. The pace of growth was the most pronounced in 2013 with an increase of 76%. Over the period under review, the exports of reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons), Germany (X tons) and the UK (X tons) were the main destinations of exports of concentrated lemon and other citrus fruit juice from Iran, together comprising 60% of total exports. Kuwait, Bahrain, Sweden, Oman, Canada and Australia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +99.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for concentrated lemon and other citrus fruit juice exports from Iran, comprising 30% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Kuwait, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+8.7% per year) and Kuwait (+65.2% per year).

Export Prices by Country

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, increasing by 13% against the previous year. Overall, the export price, however, saw a deep reduction. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.8%), while the prices for the other major destinations experienced a decline.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Iran

In 2021, the amount of concentrated lemon and other citrus fruit juice imported into Iran surged to X tons, increasing by 136% against 2020. In general, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of concentrated lemon and other citrus fruit juice soared to $X in 2021. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main supplier of concentrated lemon and other citrus fruit juice to Iran, accounting for a 90% share of total imports. Moreover, imports of concentrated lemon and other citrus fruit juice from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. Turkey (X tons) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +49.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+17.4% per year) and Turkey (+31.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of concentrated lemon and other citrus fruit juice to Iran, comprising 82% of total imports. The second position in the ranking was held by Turkey ($X), with a 5.4% share of total imports. It was followed by Spain, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled +51.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+38.1% per year) and Spain (+12.6% per year).

Import Prices by Country

The average import price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, shrinking by -4.8% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for concentrated lemon and other citrus fruit juice decreased by -46.0% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 67% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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