Iran: Crispbread Market 2024

Crispbread Market Size in Iran

The Iranian crispbread market reached $X in 2021, with an increase of 13% against the previous year. In general, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -10.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Crispbread Production in Iran

In value terms, crispbread production expanded sharply to $X in 2021 estimated in export price. Over the period under review, the total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.9% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 46% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Crispbread Exports

Exports from Iran

In 2021, crispbread exports from Iran reduced sharply to X tons, shrinking by -52.1% compared with the previous year. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,110%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, crispbread exports contracted remarkably to $X in 2021. In general, exports, however, posted a measured increase. The most prominent rate of growth was recorded in 2015 when exports increased by 1,184% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Iraq (X tons) was the main destination for crispbread exports from Iran, accounting for a 84% share of total exports. Moreover, crispbread exports to Iraq exceeded the volume sent to the second major destination, Bahrain (X kg), more than tenfold. The third position in this ranking was held by Canada (X kg), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to Iraq amounted to +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+88.3% per year) and Canada (+36.6% per year).

In value terms, Iraq ($X) remains the key foreign market for crispbread exports from Iran, comprising 88% of total exports. The second position in the ranking was taken by Canada ($X), with a 4.2% share of total exports. It was followed by Bahrain, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value to Iraq stood at +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+33.6% per year) and Bahrain (+79.2% per year).

Export Prices by Country

The average crispbread export price stood at $X per ton in 2021, with an increase of 54% against the previous year. Over the period under review, the export price, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2017 an increase of 161% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to Bahrain ($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 Afghanistan (+20.4%), while the prices for the other major destinations experienced a decline.

Crispbread Imports

Imports into Iran

In 2021, crispbread imports into Iran expanded sharply to X tons, picking up by 10% compared with the previous year's figure. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 8,053% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, crispbread imports expanded remarkably to $X in 2021. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2015 with an increase of 6,230% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons) and Thailand (X tons) were the main suppliers of crispbread imports to Iran.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +45.4%).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of crispbread to Iran, comprising 72% of total imports. The second position in the ranking was taken by Thailand ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +33.8%.

Import Prices by Country

The average crispbread import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 120%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for Thailand amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.5%).

Source: IndexBox Platform

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