Iran: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Iran

The Iranian non-wheat groats market shrank to $X in 2021, falling by -9.5% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Non-wheat groats consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Non-Wheat Groats Production in Iran

In value terms, non-wheat groats production dropped to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Non-Wheat Groats Exports

Exports from Iran

In 2021, overseas shipments of groats and meal of cereals (excluding wheat) decreased by -24% to X tons, falling for the fourth consecutive year after six years of growth. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 34%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, non-wheat groats exports reduced remarkably to $X in 2021. Over the period under review, exports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of 79% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Afghanistan (X tons) was the main destination for non-wheat groats exports from Iran, accounting for a 95% share of total exports. Moreover, non-wheat groats exports to Afghanistan exceeded the volume sent to the second major destination, Iraq (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Afghanistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (-6.4% per year) and Turkmenistan (-20.9% per year).

In value terms, Afghanistan ($X) remains the key foreign market for groats and meal of cereals (excluding wheat) exports from Iran, comprising 95% of total exports. The second position in the ranking was held by Iraq ($X), with a 3.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Afghanistan totaled +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (-4.7% per year) and Turkmenistan (-19.1% per year).

Export Prices by Country

In 2021, the average non-wheat groats export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2017 an increase of 41%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Afghanistan ($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 Turkmenistan (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Wheat Groats Imports

Imports into Iran

In 2021, supplies from abroad of groats and meal of cereals (excluding wheat) decreased by -3% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 166% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-wheat groats imports expanded sharply to $X in 2021. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by 171% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main supplier of non-wheat groats to Iran, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled -6.5%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of groats and meal of cereals (excluding wheat) to Iran.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled -9.2%.

Import Prices by Country

The average non-wheat groats import price stood at $X per ton in 2021, surging by 9.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 31%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to -2.9% per year.

Source: IndexBox Platform

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