Iran: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Iran

The Iranian prepared frozen vegetable market declined to $X in 2020, reducing by -X% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market failed to regain the momentum.

Prepared Frozen Vegetable Production in Iran

In value terms, prepared frozen vegetable production shrank dramatically to $X in 2020 estimated in export prices. Overall, production posted a pronounced increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2019 to 2020, production growth remained at a somewhat lower figure.

Prepared Frozen Vegetable Exports

Exports from Iran

In 2020, overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. As a result, exports reached the peak of X tons. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, prepared frozen vegetable exports shrank notably to $X in 2020. Over the period under review, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked at $X in 2019, and then fell sharply in the following year.

Exports by Country

Canada (X tons) was the main destination for prepared frozen vegetable exports from Iran, with a X% share of total exports. Moreover, prepared frozen vegetable exports to Canada exceeded the volume sent to the second major destination, Switzerland (X tons), threefold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Germany (+X% per year).

In value terms, Canada ($X) emerged as the key foreign market for prepared frozen vegetable exports from Iran, comprising X% of total exports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Germany (+X% per year).

Export Prices by Country

The average prepared frozen vegetable export price stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the export price showed a slight reduction. The growth pace was the most rapid in 2019 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton, and then fell rapidly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Kuwait ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports into Iran

In 2020, supplies from abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) was finally on the rise to reach X tons for the first time since 2016, thus ending a three-year declining trend. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, prepared frozen vegetable imports skyrocketed to $X in 2020. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Turkey (X tons) was the main supplier of prepared frozen vegetable to Iran, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Turkey totaled -X%.

In value terms, Turkey ($X) constituted the largest supplier of prepared frozen vegetable to Iran.

From 2007 to 2020, the average annual rate of growth in terms of value from Turkey totaled +X%.

Import Prices by Country

The average prepared frozen vegetable import price stood at $X per ton in 2020, growing by X% against the previous year. Overall, the import price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2007 to 2020, the rate of growth in terms of prices for Turkey amounted to +X% per year.

Source: IndexBox Platform

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